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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.
In October 2002, Talisman announced that it was selling its interests in Sudan to ONGC Videsh. The Talisman President said "Shareholders have told me they were tired of continually having to monitor and analyse events relating to Sudan". [56] OMV eventually closed the deal to sell its stake to ONGC in May 2004, backdated to 1 January 2003. [57]
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.
Hess Closes Sale of Interest in ACG Fields to ONGC Videsh NEW YORK--(BUSINESS WIRE)-- Hess Corporation (NYS: HES) announced today it has completed the sale of its 2.72 percent interest in the ...
The gas field was discovered in 2008 by a consortium of three Indian companies, led by the state-owned ONGC Videsh with a 40% stake; the other companies were Indian Oil Corporation (40%) and Oil India (20%). [3] [4] The consortium had signed an exploration agreement in 2002 for the Farsi block, where the gas field was found. [5]
Share (%) 1 Oil and Natural Gas Corporation Limited (ONGC) 40,305 15.27 2 Indian Oil Corporation Limited (IOCL) 24,184 9.16 3 Power Grid Corporation of India (PGCIL) 17,074 6.48 4 National Thermal Power Corporation (NTPC) 16,111 6.11 5 Steel Authority of India Limited (SAIL) 12,015 4.55 6 Coal India Limited (CIL) 11,202 4.24 7
By November the new operator of the project Sakhalin 1 LLC was owned 30% by Exxon Mobil, 20% by India’s Oil and Natural Gas (ONGC), 30% by Japan’s Sakhalin Oil and Gas Development (SODECO), Rosneft subsidiary Sakhalinmorneftegaz-Shelf who manages the project was given 11.5% and JSC RN-Astra 8.5%. [13]
National Fertilizers Limited ... (33.33% share) “Urvarak Videsh Limited” with M/s. KRIBHCO and RCF as promoters. ... The percentage share of NFL in urea ...