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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.
On 29 March 2013, Hess sold its stake to ONGC for $1 billion. [23] In April 2020, Chevron sold all of its interest in Azeri–Chirag–Gunashli, including interests in the Western Export Route Pipeline and the Baku-Tbilisi-Ceyhan oil pipeline, to MOL Hungarian Oil and Gas PLC. [24]
5.1 ONGC litigation. 5.2 Cronyism. 5.3 2005 Criminal investigation. 5.4 RIL plane grounded. ... In October 2005, the split of Reliance Group was formalised. Mukesh ...
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On 28 March 2003, ONGC acquired A.V. Birla Group's stake and further infused equity capital of ₹600 crores making MRPL a majority-held subsidiary of ONGC. [7] [5] The lenders also agreed to the debt restructuring package (DRP) proposed by ONGC, which included, inter alia, conversion of up to ₹3,65,54,884 of the company's loans into equity ...
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The fire continued for 65 days. Initially Neil Adams Fire Fighters(NAF, Houston) was hired to bring fire under control. After ONGC disagreed with their strategy NAF left and it was finally brought under control on 15 March 1995 by International Well Control. The blowout did not cause any casualties, but the drilling rig was destroyed. Damages ...
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]