SINGALE 1-24.cdr - ONGC

Primary products
Our primary products are crude oil, natural gas and value added products such as naphtha, aviation turbine fuel (ATF),
liquefied petroleum gas (LPG), superior kerosene oil (SKO) and others. For the reporting year 2009-10, we recorded a
production level of 47.78 MTOE. 74% of our turnover was derived from the sale of crude oil, 12% from the sale of natural gas
and 14% from the sale of value added products.
Operational structure
We have been selected to be a ‘Maharatna’ public sector organization in India. The President of India holds 74.14% of the
total equity share, followed by the Indian Oil Corporation Limited with 7.69%, Gas Authority of India with 2.40%, Life
Insurance Company of India with 3.17%, banks and financial institutions with 8.0% as major shareholders. Our headquarter
is located in Dehradun, the place from where our organisation commenced this ambitious journey of being at the forefront
in meeting India’s energy security needs.
Our company is repositioning itself today to foster the principle of relational enterprise through partnerships, strategic
alliances, joint ventures with preferred partners and is adopting a business strategy that relies on company skills and
positional assets with focus on core business areas and opportunity specific diversification.
Scale of the reporting organization
st
As on 1 April 2010, we have 32826 employees on our rolls which include employees in executive and non-executive
positions. For the reporting year 2009-10, we had a turnover of INR 619.83 billion and net worth of INR 864.41 billion. We
started our journey as “Flagship” Oil Public Sector Undertaking (PSU) and have been selected as “Maharatna” PSU
allowing us to have greater autonomy in decision making capabilities for a range of activities such as equity investment in
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subsidiaries, joint ventures and merger and acquisition up to a limit of INR 50000 million. We are ranked 3 E&P Company
th
in the world and 26 among leading global energy majors as per Platt's Top 250 Global Energy company rankings of 2009;
based on assets, revenues, profits and Return on Invested Capital (ROIC) (November 2009). For the reporting year 2009-
10, we as ONGC group recorded a production level of 60.93 MTOE.
ONGC Gas Processing Plant at Hazira
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