Author Archives: ongcvidesh
The first equity cargo of Das Blend crude oil of ONGC Videsh arrives in New Mangalore
ONGC Videsh Limited (ONGC Videsh) – a wholly owned subsidiary of ONGC, the National Oil Company of India, announces the arrival of its first equity cargo of Das blend crude oil to New Mangalore. The Das blend crude oil originates from the Lower Zakum (LZ) oilfield in Abu Dhabi, which currently produces approximately 400,000 barrels […]
ONGC Videsh Declares FY’18 Financial Results
Financial results of ONGC Videsh Ltd, the wholly-owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC), for the year ended March 31, 2018 were considered and approved by the Board in its meeting held on May 23, 2018. The performance highlights are as under: Consolidated Production of Crude Oil and Oil Equivalent Gas during […]
Business Partners’ Meet 2018 of ONGC Videsh
Business Partners’ Meet 2018 of ONGC Videsh The maiden Business Partners’ Meet of ONGC Videsh organized recently was a stupendous success. The day-long meet provided a platform to the representatives of Indian and foreign vendors to deliberate and discuss their issues and put forth valuable suggestions. The meet was chaired by Mr P.K. Rao, Director […]
ONGC Videsh announces the approval of the development plan for Golfinho-Atum fieldin the Rovuma Area 1 Offshore Block in Mozambique
ONGC Videsh Limited (ONGC Videsh)- a wholly owned subsidiary of ONGC, the National Oil Company of India, announces that the Government of Mozambique has accorded approval for the Development Plan for Golfinho-Atum natural gas field in the Area 1 block located in the Rovuma Offshore Basin of Mozambique. The plan outlines the integrated development of […]
ONGC Videsh led Indian Consortium comprising of ONGC Videsh, Indian Oil Corporation Limited and Bharat Petro Resources Limited to acquire 10% Stake in Lower Zakum Concession, Offshore Abu Dhabi
ONGC Videsh led Indian Consortium has been awarded 10% Stake in Lower Zakum Concession, Offshore Abu Dhabi. The Concession award by the Supreme Petroleum Council (SPC), on behalf of the Abu Dhabi government, to the Abu Dhabi National Oil Company (ADNOC) and the Indian Consortium, is the first time that Indian oil and gas companies have been […]
ONGC Videsh receives Golden Peacock Award for Risk Management
ONGC Videsh receives Golden Peacock Award for Risk Management ONGC Videsh received Golden Peacock Award for Risk Management 2017 instituted by the Institute of Directors (IOD) on 14th December 2017 during Global Convention on Corporate Ethics & Risk Management held at Singapore. (Executive Committee with Risk management team during Award trophy and Citation handover) A […]