What does ONGC company do?
Products and services. ONGC supplies crude oil, natural gas, and value-added products to major Indian oil and gas refining and marketing companies. Its primary products crude oil and natural gas are for the Indian market.
How many countries does ONGC operate?
ONGC Videsh owns Participating Interests in 35 oil and gas assets in 15 countries and produced about 30.3% of oil and 23.7% of oil and natural gas of India’s domestic production in 2019-20. In terms of reserves and production, ONGC Videsh is the second largest petroleum company of India, next only to its parent ONGC.
Is ONGC a MNC?
ONGC’s wholly-owned subsidiary ONGC Videsh Ltd. (OVL) is the biggest Indian multinational, with 35 Oil & Gas assets in 15 countries. ONGC produces over 1.26 million barrels of oil equivalent per day, contributing around 71% of India’s domestic production. Of this, over 76% of crude oil produced is Light & Sweet.
Why do you wish to join ONGC?
Freedom to work and respect for individual’s opinion are the mantras that dominate day-to-day working of ONGC. Close working relationship with peers & seniors, collaborative & supportive working ecosystem and informal work culture are some of the facets of ONGC which makes it an exciting organization to work for.
Who owns ONGC?
Government of India
Ministry of Petroleum and Natural Gas
Oil and Natural Gas Corporation/Parent organizations
What we have to study for ONGC?
Candidates are required to score a minimum of 60% aggregate marks in undergraduate engineering programmes. Candidates who have passed professional exams such as AMIE (Electrical)/ AMIE (Mechanical)/ AMIE(Civil) can not apply for the ONGC recruitment through GATE 2022.
Why is ONGC going down?
ONGC is an upstream company and its profit depends on the crude oil prices. However, due to weakness in global growth, tepid industrial growth in China and the ongoing trade war between the US and China have dampened the spirits of the stock.
How is it like to work at ONGC?
Following are the various type of work pattern in ONGC: 1] 2+2 – This is a shift based pattern, Involves 2 days of work (12 hrs each), 1 day shift and 1 night shift, then 2 holidays. 2] 6+2 – Shift based, Involves 6 days of work (8 hrs each), 2 day shift then 2 evening and 2 night, then 2 holidays.