Company News

  • 32nd Board Meet and 9th Shareholder Meet of MECL August 9, 2016 Mansarovar Energy Colombia Limited (MECL) which is a joint venture of India’s ONGC Videsh Limited and China’s SIPC (SINOPEC International Exploration and Production Corporation) conducted its 32nd Board and 9th Shareholder meet in Delhi recently. During the meeting crucial issues including company’s performance, strategic plans and growth were discussed and deliberated.   The four-day meet started with MECL Board meeting from 26th to 28th July which was attended by Mr. Sudhir Sharma, Director (Exploration), Mr. Sanjiv Nath, Regional President, Latin American Countries and project team from ONGC Videsh and Mr. Zhang Jianqiang, Mr XouLunfrom SIPC side. The meet was successfully concluded with ...
  • ONGC Videsh signs MoU with ONGC for the year 2016-17 August 2, 2016 ONGC Videsh has signed MoU with ONGC recently in which targets for 2016-17 are set higher than the 2015-16 performance of the company. Oil and gas production excellent target for 2016-17 is 7.939 MMT and 4.056 BCM respectively and includes production from recently acquired 15% stake in Vankorneft, Russia. For 2015-16, the excellent target was 5.550 MMT and 3.325 BCM and actual production was 5.510 MMT and 3.406 BCM respectively. Revenue excellent target for 2016-17 is Rs. 15,375 Crores against the actual sales turnover of Rs. 12,543 crores in 2015-16. CAPEX (including new acquisitions) excellent target for 2016-17 is Rs. ...
  • Mozambique students appreciate study opportunity by ONGC Videsh July 20, 2016 A delegation of five students from Mozambique arrived recently in Delhi under the CSR initiative of ONGC Videsh. They are here to pursue a 5 year B. E. program in Petroleum Engineering at Indian School of Mines, Dhanbad starting from the current session 2016-17. ONGC Videsh is sponsoring 15 students (five from Mozambique and 10 from South Sudan) for pursuing this prestigious course. The 5 year Degree Course has been specially structured for these foreign students sponsored by ONGC Videsh. It has a one year foundation course to sharpen the skills of students in various subjects including English language followed by ...
  • ONGC Videsh reunites for International Yoga Day June 23, 2016 Across the seas, across the continents, for India. ONGC Videsh employees reconnected through mass demonstrations of yoga around the world. A symphony of sorts, the celebration of International Yoga Day gave an opportunity to all to craft a balance between body and mind. Stories from Delhi and world over: Delhi Mr NK Verma, MD, with Mr PK Rao, Director (Operations) and Mr Sudhir Sharma, Director (Exploration) along with other enthusiasts participated in a small yoga event organised at the atrium of Kailash building where the head office of ONGC Videsh is located. Mr Shankar Thakur, DGM (Geophy.) and Mr JK Sahni, Manager-HR (retired), ...
  • ONGBV provides Solar Street Lights in Sudan June 20, 2016 ONGBV, Country Office, Khartoum organized a Community Development Program in Village Alhala  Algedida in Ombadda Area recently and provided Solar Street Light systems to the village with an objective to improve the quality of life of local public. Earlier ONGBV had conducted free Medical Camp in this village last year which was inaugurated by Mr PK Rao, Director(Ops) who noticed lack of electricity power in the area and suggested to take new initiative for providing solar lights to this village. Accordingly, the Country Manager, Head HR and CD Coordinator surveyed the entire village and provided five solar street lights with the ...
  • “Let’s honour the Swacchta Pledge” June 17, 2016 On 2nd October 2014, PM Mr Narendra Modi launched the Swachh Bharat Mission at Rajpath in New Delhi. “A clean India would be the best tribute India could pay to Mahatma Gandhi on his 150th birth anniversary in 2019,” he proclaimed. Just a kilometer away, at ONGC Videsh, employees and members of the Board took the Swacchta Pledge on June 16, 2016 and reiterated their commitment to create the India of Gandhi’s dreams. ONGC Videsh takes the Swachhta Pledge Swachh Bharat Mission was launched across the country as a national movement two years ago. “While the Swachh Bharat Abhiyan has taken the ...