Oil and Natural Gas Corporation (ONGC) has won 8 oil & gas exploration blocks offered in latest auction. According to the Directorate General of Hydrocarbons (DGH), the company has won 1 block on offer in Open Acreage Licensing Policy (OALP)-II, while in OALP-III, the company got 7 blocks.
ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.
| Company Name | CMP |
|---|---|
| ONGC | 285.35 |
| Oil India | 474.10 |
| Jindal Drilling&Inds | 533.70 |
| Deep Industries | 508.10 |
| Asian Energy Service | 313.55 |
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