Oil and Natural Gas Corporation Limited

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Oil and Natural Gas Corporation Limited was set up in the year 1955, as the Oil and Natural Gas Directorate functioning as a secondary office under the Ministry of Natural Resources and Scientific Research. At that time the organization comprised of a handful of Geological survey of India's geo scientists.

In the year 1956 the Oil and Natural Gas Directorate was transformed to Oil and Natural Gas Commission and the periphery of its powers were enhanced but still it was still under the Ministry. The Oil and Natural Gas Commission received the status of a statutory body under the act of the Indian Parliament. The primary function of the Oil and Natural Gas Commission was the planning, organizing, promoting, and implementing protocols for the development of petroleum based resources and petroleum based products. In the year 1993, Oil and Natural Gas Commission was once again transformed to Oil and Natural Gas Corporation Limited, as the Oil and Natural Gas Commission was restructured as a company limited under the Companies Act of 1956.

Objectives of the Oil and Natural Gas Corporation Limited

To be dedicated to quality with the help of competitive vantages in the fields of research and development, technology
To deliver high standards commercial morality and organizational values
To bear dedication towards health, safety, and environment to develop the quality of life
To nurture a acculturation of trust and transparency, mutual interest in order to make the functioning a challenging experience for the work force
To earn reputation of the consumers by providing highest quality products and services
To be an integral unit in the energy trade
To be focused on the national and global, oil and gas production, exploration, and commercial opportunities
To create opportunities for growth and maximization of the wealth of the stakeholders
To remain as the leader in the Indian petroleum sector and increase the energy availability of India

The board of the directors of Oil and Natural Gas Corporation Limited (ONGC)

Functional Directors
Mr. R S Sharma Chairman, Managing Director and Director (Finance)
Dr. A K Balyan Director (Human Resource)
Mr. A K Hazarika Director (Onshore)
Mr. N K Mitra Director (Offshore)
Mr. D K Pande Director (Exploration)
Mr. U N Bose Director (T and FS)
Part time non official Directors
Mr. A M Uplenchwar
Mr. P K Choudhury
Mr. V P Singh
Mr. R K Pachauri
Mr. Bakul H Dholakia

The infrastructural facilities of the Oil and Natural Gas Corporation Limited

Onshore
240 Production installations
15,800 km of Pipeline network
70 Drilling rigs
74 Work Over rigs
29 Seismic Units
32 Logging Units
2 Engineering Workshops
5 Virtual Reality Center
5 Regional Computer Center
Offshore
147 Well Platforms
32 Well-cum-Process Platforms
13 Process Platforms
29 Drilling Rigs
4,500 km Pipeline networks
55 Offshore Supply Vessels
4 Special Application Vessels (including 2 MSV)