ONGC Full Form
What is the full form of ONGC?
ONGC stands for Oil and Natural Gas Corporation. It is one of the top producers of oil and natural gas, and it is a multinational corporation with Indian roots. Its main office is located in Dehradun, Uttarakhand, India. As a government-owned company, ONGC is governed by the Ministry of Petroleum and Natural Gas. It generates over 60% of the nation's entire production of natural gas and about 70% of India's total crude oil production. Over 11,000 kilometres of pipelines are owned and operated by ONGC, which is also engaged in the exploration and exploitation of hydrocarbons in 26 sedimentary basins in India. There are now 15 nations where ONGC Videsh's foreign subsidiary projects. Over 7.15 billion tonnes of in-place oil and gas have been found by ONGC in Indian basins, which are 7 of the 8 producing Indian Basins.
Products of ONGC
Crude Oil
Natural Gas
Ethane
Motor Spirit
Superior Kerosene Oil
High-Speed Diesel (HSD)
Liquefied Petroleum Gas (LPG)
Aromatic Rich Naptha
History of ONGC
After India gained its independence in 1948, the Indian government recognised the value of oil and gas for the expansion of its industries and made plans to build the hydrocarbon sector.
An Oil and Natural Gas Agency was established in 1955 under the Ministry of Natural Resources and Scientific Research to develop the nation's oil and natural gas resources.
The oil and gas sector was recognized as a Schedule "A" sector when the Industrial Policy Resolution was established by the Indian Parliament in 1956. Oil and Natural Gas Commission replaced Oil and Natural Gas.
Under the Company's Act of 1956, ONGC was reorganised in February 1994 as a limited company. It changed its name to Oil and Natural Gas Corporation (ONGC) and became a public sector venture.
The Indian Oil Corporation (IOC) and ONGC decided to buy each other's shares in 1999 in order to grow their respective local and global businesses.
To enter the international market, ONGC founded ONGC Videsh Ltd. (OVL) as a subsidiary in the financial year 2002–2003.
ONGC received the "Maharatna" designation in 2010 and became a "Maharatna" PSU.
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Frequently Asked Questions (FAQs)
ONGC has maintained its rank as the 3rd position Exploration and Production business worldwide.
Candidates are strictly prohibited from bringing their mobile phones or other electronic devices into the room used for document verification and during the skill test or physical exam (wherever applicable).
Yes, we were delighted to remember the women who joined our team at Western Offshore and worked side by side with their colleagues to create India's energy security.
The minimum salary for an ONGC is INR 10000.
No, candidates must hold a graduate degree with a minimum of 60% from a board or institution.