What are the future prospects of ongc
Generation of Prospects. Drilling ONGC had identified 89 prospects and 33 prospective leads in 16 shallow is a matter of concern for future sustainability. 55 But the one thing that everyone in ONGC must concede is: that he had vision - he had the uncanny ability to look decades into the future. He could see that for ONGC to celebrate a century and more of existence, she had to transform herself from an O&G to an energy company. Let me share an input. The energy market changes, but changes ever so slowly. ONGC has already taken a concrete step in this direction by setting up a 51 MW wind farm in Gujarat. BD&JV is now taking the initiative further for significant addition of capacity in the portfolio. The Group is also actively examining and pursuing various prospects in the domains of offshore wind, solar, hydro and nuclear energy sources while engaging with some of the best players in the respective domains. This refers to a set of processes or laws that affects the way a company is directed and controlled. This refers to the skill sets (qualification, experience, etc.) that the management team of a company possesses. This refers to the stake that the promoters hold in a company and proportion of shares pledged. Originally Answered: What will be the future of Indian companies like ONGC, BPCL, IOCL, keeping in mind we have limited oil reserves for future As long as there is crude oil supplied to the refineries from our sources of crude import these companies will be running. with deregulation of petrol and diesel prices they will be doing good. these are among the best companies we have in India. A proxy play on crude, ONGC has risen 16% in past 3 months, while oil prices have risen 36%. It also seems that the Street is excessively cautious on the stock due to such fears.
ONGC's Growth Strategy - Oil and Natural Gas Corporation, ONGC, The case describes the growth strategy and diversification plans of the Government owned Oil and Natural Gas Corporation Limited (ONGC), the largest oil exploration and production (E&P) company in India. ONGC has near monopoly in India's oil E&P industry producing nearly 90 percent of the country's crude oil and natural gas.
ONGC today, has evolved into an integrated Oil & Gas CorporateIn-house capability in all with interests in aspects of the E&P business E&P, Refining, LNG, Power,Seismic API, Drilling, Work-over and Well Stimulation, Production, Processing, Petrochemicals & New sources of Engineering & Construction, Refining and energy. As the flagship oil and gas PSU, ONGC is tasked to source equity oil and gas from abroad. The third objective of ONGC's corporate strategy is to tie up at least 20 million tonnes of equity oil and gas. With investments in exploratory blocks in Vietnam, Russia, Myanmar, Iran, Iraq, ONGC has spurted over a per cent in opening trades on the back of future growth plans of the company. According to reports, the company has tied-up with Petrovietnam Exploration Production Company (PVEP) - a wholly owned subsidiary of Vietnam Oil and Gas - for exploration of NELP blocks ONGC plans to double its gas production in the next 5-6 years, Mr Dinesh K Sarraf, Chairman & Managing Director, ONGC said while addressing a gathering during Independence Day celebrations here. The capex for the next fiscal year doesn’t include the $1.2 billion, or Rs 8,000 crore, ONGC has to pay for the purchase of Gujarat State Petroleum Corp’s stake in the KG Basin asset, the executive said. ONGC will meet its funding requirement through internal resources, he said. The company is aiming to spend Rs 29,300 crore in FY2016-17. Indian economy is fuelled by the big corporate giants like Oil and Natural Gas Corporation Limited (ONGC). ONGC is a very important business organisation as it deals with oil, one of the most important factors which make the society move. ONGC is a multinational oil and gas company based in Dehradun, in the Indian state of Uttarakhand.
Oil and Natural Gas Corporation Ltd (ONGC:NSI) forecasts: consensus recommendations, research reports, share price forecasts, dividends, and earning history and estimates.
9 Mar 2013 ONGC: Future Plan &Business Opportunities 2; 3. Dehradun Basin modeling Hydrocarbon Resource Appraisal Prospect generation
Indian economy is fuelled by the big corporate giants like Oil and Natural Gas Corporation Limited (ONGC). ONGC is a very important business organisation as it deals with oil, one of the most important factors which make the society move. ONGC is a multinational oil and gas company based in Dehradun, in the Indian state of Uttarakhand.
Oil And Natural Gas Corporation Ltd.-ONGC, BSE:500312 Latest news, stock scores, research reports and price movements. See fundamentals, technicals, peer 18 Dec 2017 Traditionally, ONGC's stock is ascribed with better price-earnings multiple (15-20 per cent higher) than Oil India owing to its significant 30 Dec 2002 The Russians, on the other hand, were confident of oil and gas prospects. Nehru and Malviya believed the Russians and created ongc. 16 Aug 2019 Read more about ONGC lines up Rs 83000 crore investment for 25 new oil, gas State-run Oil and Natural Gas Corporation (ONGC) is investing around Rs Despite oil price volatility, earnings prospects good for ONGC 29 Jan 2020 We'll look at Oil and Natural Gas Corporation Limited's (NSE:ONGC) high expectations of what a company can achieve in the future. Many investors like to buy stocks when the market is pessimistic about their prospects. The annual report of ONGC for the year 2009-2010 to interpret the ratios of the of financial statement, analysis of financial statements, Companies prospects, This study provides a logical and systematic approach to estimate future profits.
He also lauded Oil and Natural Gas Corporation (ONGC) for taking a lead in and field redevelopment plans of the Indian companies,” said one delegate.
The annual report of ONGC for the year 2009-2010 to interpret the ratios of the of financial statement, analysis of financial statements, Companies prospects, This study provides a logical and systematic approach to estimate future profits. ONGC's performance (or lack of it) will affect India's energy-related plans for the future. Thus, besides the importance of ONGC for its own sake, it is the importance ONGC's Growth Strategy - Oil and Natural Gas Corporation, ONGC, The case describes the and disadvantages of ONGC's plans in 2004 to enter insurance, power generation and shipping Chalk out a future growth strategy for ONGC ONGC Videsh is to prospect for oil and gas acreages outside India, including exploration, development. Organisational Profile. Figure 1 ONGC's Organizational
Hydrocarbons Exploration and Production in India: Future Prospect reported in only 9 of the wells (ONGC internal reports; Kak et al., 1997. &Kak et al., 1999) Generation of Prospects. Drilling ONGC had identified 89 prospects and 33 prospective leads in 16 shallow is a matter of concern for future sustainability. 55 But the one thing that everyone in ONGC must concede is: that he had vision - he had the uncanny ability to look decades into the future. He could see that for ONGC to celebrate a century and more of existence, she had to transform herself from an O&G to an energy company. Let me share an input. The energy market changes, but changes ever so slowly.