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ONGC Mangalore Petrochemicals Limited (OMPL) is an Indian company promoted by Oil and Natural Gas Corporation (ONGC) and Mangalore Refinery and Petrochemicals Limited (MRPL). Both ONGC and MRPL hold respectively 49% and 51% stake in the company.OMPL is a Subsidiary Company of MRPL and also a PSU behalf of share pattern of OMPL.
The ONGC was also continuing its exploration in the Cauvery Basin and in Ramanathapuram area. As a result of the exploration, ONGC has been able to establish "production of oil @ 0.375 million tonnes per year and gas production @ 0.4 million cubic metres per day as on 1.1.2000", he said, quoting Ministerial figures.
Mangalore Refinery and Petrochemicals Limited (MRPL), is a division of Oil and Natural Gas Corporation (ONGC) which is under the ownership of the Ministry of Petroleum and Natural Gas of the Government of India. [4] Established in 1988, the refinery is located at Katipalla, north from the centre of Mangalore.
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It is a joint venture company promoted by the Gas Authority of India Limited (GAIL), Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOC) and Bharat Petroleum Corporation Limited (BPCL). [3]
Get the latest stock analysis from Benzinga? BP (BP): Free Stock Analysis Report This article BP Warns of Lower Oil, Gas Output in Q4 Update originally appeared on Benzinga.com
On 27 June 2014 a massive fire broke out following a blast in Gas Authority of India Limited (GAIL) 18" size underground gas Pipeline [1] at Nagaram in East Godavari district of Andhra Pradesh, India. [2]
The oil operations are run by India's Oil and Natural Gas Corporation (ONGC). Mumbai High field was discovered by an Indo - Soviet oil exploration team operating from the seismic exploration vessel Academic Arkhangelsky [ 2 ] during mapping of the Gulf of Khambhat (earlier Cambay) in 1964–67, followed by a detailed survey in 1972. [ 2 ]