Company News

  • 2nd Enterprise Risk Assessment at Tomsk, Russia December 2, 2015
    The second Enterprise Risk assessment for five functional groups and preparation of ERM manual was carried out from 23-27 Novemebr 2015 at Tomsk by a HQ team comprising Mr. Shambhu Nath Gupta, DGM(D) and Mr. Bimlesh Kumar Singh under the guidance of Mr. Arun Mittal, DGM(D)-CRO , ONGC Videsh with overwhelming support, participation & co-operation of entire Imperial Energy team. This was a follow-up to the Risk management Committee’s decision in Sept 2015. The ERM system was initially rolled out in March 2014 and risk assessment carried out in line with ISO 31000: 2009 and an  independent ERM structure , Policy ...
  • ONGC Videsh sponsors students from South Sudan December 1, 2015
    In alignment with its mission to be a responsible corporate citizen, ONGC Videsh has offered to sponsor 20 students from South Sudan for the graduate level technical course in Petroleum Engineering in reputed institutes in India. Under this program, the first batch of five students was enrolled in the BSc (Petroleum Operations) course in the University of Petroleum & Energy Studies (UPES), Dehradun for the academic year 2014-15. The next batch of five students has been admitted in B. Tech. (Applied Petroleum Engineering), a four year degree course in the academic year 2015-16. Mr P. K. Rao, Director (Operations), ONGC ...
  • Initiatives in Enterprise Risk Management at ONGC Videsh November 16, 2015
    The second batch of 12 executives of ONGC Videsh including Regional Presidents (risk owners, risk cell and core team members) were imparted two days’ Enterprise Risk Management (ERM) training by M/s BSI Group India Pvt. Ltd. on 3-4 November, 2015. With this, 25 executives have undergone this training in 2014-15. Director (Finance) addressed the valedictory session and interacted with the participants. Director (Finance) stressed on the importance of Risk Management for oil and gas sector, where uncertainties like crude oil pricing, geo-political situations, changes in regulations, environmental risk, exploration risk etc. can have a great impact on the company.  Mr. S.P ...
  • Colombian Media Visit to ONGC Installations in India November 5, 2015
    Reporters from the two most important national and regional media i.e La Republica and El tiempo from Colombia visited India to have a look at ONGC’s production fields/ installations and smart fields during October 2015, to have a first-hand experience of ONGC’s strength and report the same back to the Colombian media. The media groups were represented by Mr Edmer Tovar Martínez, Editor and Host-El Tiempo and Ms Lilian Mariño Espinosa, Mines and Energy Journalist, La Republica. D(E) along with project and media team Mansarovar Energy Colombia Limited (MECL) is a 50:50 Joint Venture between ONGC Amazon Alaknanda Limited established by ONGC Videsh ...
  • MD’s Message on Hindi Diwas September 14, 2015
    MD’s Message on Hindi Diwas
  • ONGC Videsh adjudged ‘Best Miniratna’ at Dun & Bradstreet PSU awards 2015 July 29, 2015
    ONGC Videsh received the ‘Best Miniratna’ award at Dun & Bradstreet PSU Excellence Awards 2015 for its stellar management and leadership. The award was received by MD of ONGC Videsh Mr. N.K. Verma. presence of who’s in the corporate world. N.K. Verma receiving the award ONGC Videsh shared the stage with leading corporate houses of India like SAIL, GAIL, PFC, EIL, Hindustan Aeronautics, Container Corporation of India Ltd among many others. There were stringent yardsticks and tough competition in all the sectors as the awards were decided by eminent jurists on various parameters of performance and best practices across the industry. N.K. Verma with ...
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