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Introduction |
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Joint Venture Group |
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LNG Import & Marketing |
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EXCOM Group |
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Strategic / Business Alliances |
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| Introduction |
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ONGC today, is repositioning itself
to foster the principle of relational enterprise through partnerships/
strategic alliances / joint ventures with preferred partners
and adopt a business strategy which relies on company skills
and positional assets with focus on core business areas and
opportunity specific diversification.
The Corporation, both in medium and long term, will:
Continue
to access E&P business both in the domestic and international
sectors
Strive
to reach out to opportunities specific related business of downstream
sector, core
competence services business, energy
and other sectors in general |
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| Joint
Venture Group |
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ONGC has recognized the need to expand
its business through profitable ventures related to petroleum
and energy sectors by entering into joint ventures with other
Indian and foreign companies. ONGC-Joint venture group (ONGC-JVG)
has been formed to give impetus to joint venture activities
in areas other than E&P.
ONGC-JVG is responsible for identification and developing new
business opportunities with Indian and foreign companies in
following areas:
Participation
in downstream projects like refining/ gas processing /LNG/ power
projects etc.
Participation
in construction projects, pipelines, process plants etc.
For further details on ONGC- JVG, please contact:
Executive Director (JV),
ONGC-JVG
7th floor, Bank of Baroda Building,
Parliament Street, New Delhi-110001
Tel: 91-11-3737973
Fax: 91-11-3737645 |
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| LNG
Import & Marketing |
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| A joint venture company, PETRONET
LNG LIMITED is in place with ONGC having 12.5% equity interest
for import and marketing of LNG in India. Other partners in
this venture are IOC, GAIL and BPCL each with 12.5% equity.
The remaining 50% equity will be offered to strategic partners,
financial institutions and public. The Company is planning to
install two LNG terminals (Dahej in Gujarat and Cochin in Kerala)
on western coast of India with total capacity of 7.5 MMTPA. |
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| EXCOM
Group |
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The EXPLORATION CONTRACT MONITORING (EXCOM) Group is the
exclusive business face of ONGC for jointly operated oil &
gas exploration and production ventures within India. It is
the nodal agency of ONGC for single window E&P business
communication with companies and the government. It's functions
include:
Evaluation
and negotiations of bids pertaining to exploration acreages
and development of
discovered fields under joint venture
Negotiations,
of production sharing contracts (PCS) and joint operation
agreements (JOA) with
parties to the contract
Monitoring
and co-ordination
Providing
opportunities to companies for assessment of prospectively
of Indian basins and
investment decisions through its New
Delhi office
For further details, please contact:
Group General Manager & Head, EXCOM
16 Bhikaji Cama Place, UG Floor,
GAIL Building,New Delhi - 110066.
Tel: 91-11-6102351, 6188405, 6108161, 6102703
Fax: 91-11-6182798
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| Strategic
/ Business Alliances |
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Oil and Natural Gas Corporation Ltd. (ONGC) is engaged in
E&P activities both in Onshore and Offshore. The Corporation
is now venturing out to new areas i.e. deepwater exploration
and drilling, exploration in frontier basins, marginal field
development, optimization of field evelopment plan field recovery
and other allied areas of service sector. Engagements in these
areas will require best-in-class technology, processes and
practices and savvy use of the R&D assets to their fullest
advantage.
ONGC is looking towards companies / service providers established
in the industry for technology transfer and absorption, and
technological collaboration and support. We intend to achieve
this objective through alliances and sustained relationship.
For further details, please contact:
Mr. RN Chakravorty, GM (Alliances)
7th Floor, VIII Core, SCOPE Complex
7 - Lodhi Road, New Delhi-110003
Tel: 91-11-4364619, 4362537 and 4364613
Fax: 91-11-4364617
Email: rnc@jrc.delhi.nic.in
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