04-12-2012, 01:56 PM
PRESENTATION ON SUMMER INTERNSHIP/ TRAINING IN ONGC Ltd
PRESENTATION ON SUMMER.ppt (Size: 448 KB / Downloads: 303)
Oil & Natural Gas Corporation Limited (ONGC) is the premier company in the Indian upstream of Petroleum Sector.
Born in 1956. ONGC was public in 1994.
Its produces 77 percent of India’s domestic petroleum and 81 percent of its natural gas.
Company Details
Vision Statement
To be a world class Oil and Gas Company integrated in energy business with dominant Indian leadership and Global Presence.
Mission Statement
World Class
Dedicated to excellence by leveraging competitive advantages in R&D and technology with involved people.
Imbibe high standards of business ethics and organizational values.
Abiding commitment to Health, Safety and Environment to enrich quality of community life.
Integrated in Energy Business
Focus on domestic and international Oil & Gas exploration and production business opportunities.
Provide value linkages in other sectors of energy business.
Create growth opportunities and maximize shareholders value.
History
During pre- independence period the Assam Oil Company and Attock Oil company was the only oil company in India.
After independence, the national Government realized the importance oil and gas for rapid industrial development.
Assam Oil Company was producing oil at Digboi (discovered in 1889)
Global Ranking
ONGC ranks 3rd Oil & Gas Exploration & Production (E&P) Company in the world and 23rd among leading global energy majors as per Platts 250 Global Energy Companies List for the year 2009• ONGC ranks 24th among the Global publicly-listed Energy companies as per ‘PFC Energy 50” (Jan 2008)
ISSUES/ PROBLEMS AREA:
In 1994, the Nagaland government asked the Oil and Natural Gas Corporation (ongc) to shut shop in the state. Because the state government claims to have resolved old issues but local people and militant groups dispute that. They have also raised the issue of pollution from oil wells.