ONGC India
Joined May 2021
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How ONGC’s Overseas Projects Help India Secure Oil and Gas Supplies
Overview ONGC is executing several oil and gas exploration projects overseas through its fully-owned subsidiary, ONGC Videsh which produced 9.76 million metric tons (MMT) of crude oil and 5.23 MMT of natural gas in 2020. The company has procured participating interest in 35 oil and gas assets located in 15 countries spread across all the continents barring Australia. ONGC Videsh contributed around 30.3% of crude oil and 23.7% of natural gas to India's domestic production in 2019-20. The company is constantly looking for viable deposits of oil and gas in different parts of the world and its personnel are braving different kinds of hazards to prospect for oil and gas in order to secure India's supply.
By ONGC India3 years ago in The Swamp