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feature article
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| Monetization of Marginal fields – a strategic move by ONGC |
| September 27, 2006 |
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| ONGC Signs Service Contract for Development of Offshore Marginal Fields with Consortium of Prize Petroleum, HPCL and Trenergy. |
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feature article
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| ONGC resumes entire Gas Processing Operations at Hazira Plant |
| September 09, 2006 |
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| Hazira Plant of Oil and Natural Gas Corporation (ONGC) has finally restored gas processing operations to it’s pre-shutdown level before the floods. The biggest gas processing unit of the country which supplies gas to the cross-country HVJ pipeline was shutdown on 7th August 06 due to flooded waters from the adjoining river Tapi. Shutdown at Hazira Plant halted supply of natural gas enroute 2800 Km HVJ pipeline through the states of Gujarat, Madhya Pradesh, Rajasthan, Uttar Pradesh, Haryana and Delhi. |
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feature article
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| ONGC Board approves redevelopment of Heera & South Heera fields in Mumbai offshore |
| September 07, 2006 |
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| The Board of Oil and Natural Gas Corporation Ltd. (ONGC), in its 159th meeting on September 06, 2006, has approved investment proposal of Rs. 2305.30 Crore for re-development of Heera and South Heera fields at Mumbai Offshore in the Arabian Sea. |
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feature article
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| ONGC renews gas supply agreements with Direct Marketing Consumers |
| September 04, 2006 |
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| ONGC renewed gas supply agreements with some of its Direct Marketing Consumers on August 28, 2006. These agreements were signed with consumers including Philips India, Crompton Greaves and Prime Ceramics (receiving gas from Ankleshwar Asset) at Ankleshwar and Hotel Janpath (receiving gas from Mehsana Asset) at Vadodara. |
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feature article
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| ONGC augments Hazira Gas throughput to 28 MMSCMD a day, 5 days ahead |
| September 02, 2006 |
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| In a remarkable turnaround, Hazira Gas Processing Complex of Oil and Natural Gas Corporation Ltd. (ONGC) has reached a throughput level of 28 million metric standard cubic metres a day (mmscmd) of Gas to the HVJ Pipeline, 70 per cent of its pre-shut-down level. |
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feature article
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| OVL Signs MoU with INTEVEP, Venezuela |
| September 26, 2006 |
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| ONGC Videsh Limited (OVL) signed a Memorandum of Understanding (MoU) with INTEVEP, S.A., a subsidiary of National Oil Company of Venezuela, PDVSA for Skill Development in various aspects of exploration and production on September 11, 2006. |
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feature article
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| ONGC - jointly with Sinopec - acquires producing Colombian Oil Assets |
| September 21, 2006 |
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| A 50:50 joint venture - comprising a subsidiary of ONGC Videsh Ltd. (‘ONGC-VL) and a subsidiary of Sinopec International Petroleum Exploration and Production Corporation (‘SIPC’) - has acquired Omimex de Colombia Ltd. (‘Omimex’), from Texas-based Omimex Resources, Inc. |
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feature article
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| ONGC shareholders approve Bonus Shares, Highest-ever Dividend for FY-06 |
| September 19, 2006 |
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| At the 13th AGM of the company held today (19th September 2006) at New Delhi, the significant Agenda items approved by the shareholders relate to final approval of the earlier Board recommendations for (a) Issuance of Bonus Shares in the ratio of one share each against two shares held; and (b) final dividend of 200% (in addition to the interim dividend already paid at 250%) for the fiscal year 2005-06. |
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feature article
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| 18th AGM of MRPL - Performance results |
| September 16, 2006 |
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| MRPL records highest-ever Capacity utilization and Turnover in FY-06 |
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feature article
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| Hazira Plant of ONGC bags OISD Safety Award |
| September 15, 2006 |
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| ONGC’s Hazira Plant has bagged the prestigious “Oil Industry Safety Award” for the year 2005-06 announced by Oil Industry Safety Directorate under the Ministry of Petroleum & Natural Gas, a testimony to the Plants commitment to Quality, Health, Safety and Environment. |
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