Verified employee & interview reviews

ONGC Reviews

New Delhi

—/ 5

0 reviews

Oil and Natural Gas Corporation Limited (ONGC) is an Indian central public sector undertaking and the premier enterprise engaged in the exploration and production of crude oil and natural gas. Established on August 14, 1956, by the Government of India under the visionary leadership of Pandit Jawaharlal Nehru, ONGC has grown from a small directorate into a massive, vertically integrated energy giant. Headquartered in New Delhi, the company operates under the administrative control of the Ministry of Petroleum and Natural Gas. The Government of India maintains majority ownership, holding a 58.89% stake in the corporation. In recognition of its operational scale and financial strength, the government conferred the prestigious "Maharatna" status upon ONGC in November 2010, granting it significant financial and operational autonomy. ONGC stands as the backbone of India’s hydrocarbon sector, contributing approximately 71% to the country’s domestic crude oil production and around 84% of its natural gas. The company is actively involved in exploring and exploiting hydrocarbons across 26 sedimentary basins in India. It operates an extensive infrastructure network that includes over 11,000 kilometers of pipelines, around 230 drilling and workover rigs, and major offshore assets concentrated in the Mumbai High, Neelam & Heera, and Bassein fields, alongside onshore assets spread across the Cambay, Assam, Cauvery, and Krishna-Godavari basins. The corporation follows an integrated energy model spanning exploration, production, refining, and petrochemicals. ONGC expands its operational reach through key subsidiaries and divisions. Its wholly owned overseas arm, ONGC Videsh Limited (OVL)—which itself holds "Navratna" status—prospects for oil and gas acreages internationally, holding participating interests in over 30 projects across 14 to 15 countries, making it India's second-largest petroleum company. Domestically, ONGC holds a 51.11% stake in Hindustan Petroleum Corporation Limited (HPCL) and controls Mangalore Refinery and Petrochemicals Limited (MRPL), giving it a commanding presence in downstream refining and marketing. Other notable divisions include ONGC Petro-Additions Limited (OPaL) and ONGC Tripura Power Company. Financially, ONGC is publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), and is a constituent of the NIFTY 50 index. For the fiscal year 2026, the company reported an impressive consolidated revenue of INR 6.77 trillion (approximately US$71 billion) and a net income of INR 498 billion (US$5.2 billion), backed by total assets valued at INR 7.91 trillion. Managed by a dedicated workforce of nearly 24,000 professionals, ONGC consistently ranks among global energy majors on the Fortune Global 500 and Forbes Global 2000 lists, lauded for its corporate governance, technical expertise in deepwater drilling, and its vital contribution to India’s long-term energy security.