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ONGC repairs 100 offshore installations in Arabian Sea

23 May 2022 Evaluate

Oil and Natural Gas Corporation (ONGC) has repaired 100 offshore installations in the Arabian Sea that were damaged by Cyclone Tauktae a year ago. Western offshore was hit by the cyclone Tauktae during May 16-17, 2021.

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 235.50
Oil India 485.05
Jindal Drilling&Inds 598.10
Deep Industries 729.95
Aban Offshore 14.21
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