ONGC – Asia’s best Oil & Gas Company.
- ONGC is recognised as the Numero Uno E&P Company in Asia as per ‘Platts Top 250’ global energy company ranking 2007.
- It is 15 th among Global Integrated Oil & Gas Companies by Market Capitalisation in PFC Energy 50.
- ONGC ranks 369 th in Fortune Global 500; it’s the first Indian company to figure in Fortune’s ‘World’s Most Admired Companies’ list for 2007.
- ONGC has discovered six of the seven commercially-producing Indian Basins in the last 50 years, adding over 6.4 billion tonnes of In-place Oil & Gas Reserves. ONGC has bagged 85 of the 162 Blocks (more than 50 per cent) awarded in the six rounds of bidding under the New Exploration Licensing Policy (NELP) of the Indian government.
- ONGC has recoverable reserves of 1.1 billion tonnes of Oil and Gas and produces more than one million Barrels of Oil Equivalent (BOE) per day, meeting around 80 per cent of India’s domestic production of Oil & Gas .
- It is the single-largest operator of world’s Biggest Deepwater Exploration Campaign.
- ONGC Videsh Limited (OVL) – ONGC’s wholly-owned subsidiary – operates in 17 countries and is the biggest Indian multinational with committed investments abroad of over 5 billion US Dollars.
- ONGC was India’s ‘Biggest Wealth Creator’ during 1999-2006 as per an objective survey by Motilal Oswal Securities & Trading (MOST). It is among the Most Valuable Companies in India with a Market Capitalisation of over 50 billion US Dollars (over 230,000 crore rupees). ONGC tops all Indian corporates in net profit and net worth.
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