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ONGC flags off first Offshore Supply Vessel through JNPT

13 Jan 2020 Evaluate

Oil and Natural Gas Corporation (ONGC) has flagged off the offshore supply vessel Albatross-5 carrying cargo for Panna platform from the Shallow Berth jetty number 1 (SB-1) of Jawaharlal Nehru Port Trust (JNPT).

With this small step initiated by the Panna-Mukta Takeover Project (PMTOP) team, ONGC’s Offshore Logistics operation took a giant leap in terms of opening up of a new and alternate supply base for Western Offshore operations.

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.

Peers
Company Name CMP
ONGC 224.00
Oil India 445.20
Jindal Drilling&Inds 589.75
Deep Industries 751.15
Asian Energy Service 464.15
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