ONGC is an acronym for ‘Oil and natural Gas Corporation Limited’. It is an central India public sector undertaking which is owned by the ‘Ministry of Petroleum and Natural Gas’, Government of India.
ONGC is one of the largest oil and gas exploration and production companies in India.
The headquarter of ONGC is in ‘New Delhi’. It was established on 14 August, 1956.
Maharatna ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production. Crude oil is the raw material used by downstream companies like IOC, BPCL, HPCL and MRPL (Last two are subsidiaries of ONGC) to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas LPG.
In this article, we will know the detailed information about the one of the MAHARATNA company ‘ONGC’ in detail.
Mission and Vision of ONGC
The vision of ONGC is to be global leader in integrated energy business advantages in R and D and technology with involved people.
The mission of ONGC is :-
i) Dedicated to excellence by leveraging competitive advantages in R&D and technology with involved people.
ii) Imbibe high standards of business ethics and organizational values.
iii) Abiding commitment to safety, health and environment to enrich quality of community life.
Background of ONGC
ONGC was set up under the leadership of pandit Jawahar Lal Nehru reposed faith in Shri Keshav Dev Malviya who laid the foundation of ONGC in the form of Oil and Gas division, under Geological Survey of India, in 1955.
With more than 60 years of Exploration ONGC had discovered 8 of the 9 Producing basins of India.
From a modest beginning, ONGC has grown to be one of the largest E&P companies in the world in terms of reserves and production.
In 1994, Oil and Natural Gas Commission was converted in to a Corporation, and in 1997 it was recognized as one of the Navratnas by the Government of India. Subsequently, it has been conferred with Maharatna status in the year 2010.
Operations
The operation of ONGC includes conventional exploration and production, refining and progressive development of alternate energy sources like coal-bed methane and shale gas.
The company’s domestic operations are structured around 11 assets (predominantly oil and gas producing properties), 7 basins (exploratory properties), 2 plants (at Hazira and Uran) and services (for necessary inputs and support such as drilling, geo-physical, logging and well services)
ONGC Videsh Limited (OVL) is an international arm of ONGC. It was formed in 15 June, 1989.
The primary business of ONGC Videsh is to prospect for oil and gas acreages outside India, including exploration, development and production of oil and gas.
It has 38 projects across 17 countries. Oil and Natural Gas Corporation owns 51.11% shares in HPCL and others are distributed amongst financial institutes, public and other investors
Job Opportunities in ONGC
ONGC has invited applications for the post of Junior Consultant/Associate Consultant.
| Name of the Organization | ONGC (Oil and Gas Natural Corporation Limited) |
| Official Website | https;//ongcindia.com |
| Name of the Post | i) Junior Consultant(E3 level)/ Associate Consultant (E4 to E5) ii) E6 level executives can also apply |
| Experience required | Retired ONGC person at E3 to E6 level with atleast 10 years of experience in work Over/Drilling operations. |
| Age Limit | Within 65 years |
| Last date of application | 25 October 2023 at 15:00 hrs |
| Date and Venue for test | Will be intimated to candidates through E-mails. |
| Period of Engagement | Period of Engagement shall be on Contract basis for a period of 2 years. |
In conclusion, ONGC ( Oil and natural Gas Corporation Limited) stands as a stalwart in the oil and gas industry, both in India and on the global stage.
With a rich history, a commitment to cutting-edge technology, and a dedication to environmental responsibility, ONGC continues to play a pivotal role in securing India’s energy needs. Its relentless pursuit of innovation, ethical operations, and community welfare showcases a holistic approach to the oil and gas sector.
