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Oil and Natural Gas Corporation Ltd (ONGC.BO)

ONGC.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Essar Shipping Says Essar Oilfield Services India Gets Contract From ONGC
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Essar Shipping Ltd ::SAYS ESSAR OILFIELD SERVICES INDIA GETS ONE YEAR, CONTRACT FROM ONGC WORTH 320 MILLION RUPEES.  Full Article

Larsen & Toubro Says L&T Hydrocarbon Engineering Gets 14.83 Bln-Rupee Order From ONGC
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Larsen & Toubro Ltd ::SAYS L&T HYDROCARBON ENGINEERING SECURES ORDER WORTH ABOUT 14.83 BILLION RUPEES FROM ONGC.  Full Article

Dolphin Offshore Enterprises Gets NoA Of Contract For Western Offshore Platforms Makeover Projects
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Dolphin Offshore Enterprises India Ltd ::DOLPHIN OFFSHORE ENTERPRISES INDIA - GETS NOA OF CONTRACT FOR WESTERN OFFSHORE PLATFORMS MAKEOVER PROJECTS AGAINST ONGC TENDER.DOLPHIN OFFSHORE ENTERPRISES INDIA - TOTAL AMOUNT FOR AWARD IS $23.8 MILLION PLUS 1.22 BILLION RUPEES INCLUDING TAXES AND DUTIES.  Full Article

Larsen & Toubro says ‍L&T Hydrocarbon Engineering wins 12.67 bln rupees contract from ONGC​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Larsen & Toubro Ltd :Says ‍L&T Hydrocarbon Engineering wins around 12.67 billion rupees contract from ONGC​.  Full Article

‍Moody's says ONGC's acquisition of HPCL will increase ONGC's leverage to upper limit of its Baa1 rating​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Moody's::Moody's says ONGC's acquisition of HPCL will increase ONGC's leverage to upper limit of its Baa1 rating​.  Full Article

Larsen & Toubro unit L&T Hydrocarbon Engineering gets contract from ONGC​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Larsen & Toubro Ltd :Says ‍L&T Hydrocarbon Engineering wins around $177 million contract from ONGC​.Says offshore contract for the transportation & installation – Daman Development Project.  Full Article

India's Ministry of Petroleum & Natural Gas says June crude oil production up 0.60 pct
Monday, 24 Jul 2017 

July 24 (Reuters) - Ministry Of Petroleum & Natural Gas::Crude oil production in June 2017 was 2984.50 TMT, 2.13 pct lower than target, 0.60 pct higher versus June 2016.Crude oil production by ONGC in June, 2017 was 1859.48 TMT, 1.69 pct lower than monthly target, 3.13 pct higher versus June, 2016.Natural gas production in June, 2017 was 2755.48 MMSCM, 2.75 pct lower than monthly target, 6.05 pct higher versus June, 2016.Natural gas production by ONGC in June, 2017 was 1974.47 MMSCM, 1.59 pct higher than monthly target, up 12.92 pct versus June 2016.  Full Article

India's Ministry of Petroleum and Natural Gas says April total crude oil production down 0.62 pct
Tuesday, 23 May 2017 

May 23 (Reuters) - Ministry of Petroleum and Natural Gas, India::Says total crude oil production in April was 2938.85 TMT, down 0.62 percent.Says total crude oil production for ONGC in April was 1847.16 TMT.  Full Article

Oil & Natural Gas Corp gets members' nod for bonus share issue
Monday, 12 Dec 2016 

Oil & Natural Gas Corporation Ltd :Gets members' nod for issue of bonus shares.  Full Article

Swiber updates on claims received by the group
Monday, 8 Aug 2016 

Swiber Holdings Ltd : Update on claims received by the group and bank guarantees) . Announce that as of 4 August 2016, the total sum of claims received by the group is approximately US$99 million . The company is currently seeking legal advice on the aforementioned claims. . Announce that oil and natural gas corporation limited has called on several bank guarantees which were issued for the daman development project . Punj Lloyd has called on a US$1.475 million bank guarantee provided for wo16 cluster project and sb-14 pipeline project, which has been paid out by the bank. . SOC has since written to notify both ongc and Punj Lloyd that their calls on the aforesaid bank guarantees were wrongfully made . Court has on 4 August 2016 granted an interim order instructing the banks to hold back on any payment of the bank guarantees until the next hearing date . SOC is also in discussions with lawyers on the potential steps that may be taken to preserve its rights in relation to the bank guarantees that have been paid out .  Full Article

India's ONGC files arbitration claim against Sudan over unpaid oil dues

NEW DELHI, April 17 The foreign acquisition unit of India's Oil and Natural Gas Corp's (ONGC) has filed an arbitration claim against the government of Sudan in a London court, a company official said, seeking to recover dues pending for years from a project hit by the breakaway of South Sudan in 2011.