Oil & Natural Gas Corporation Ltd.

BSE: 500312 | NSE: ONGC
Large Cap | Oil Exploration
243.00
-4.15 (-1.68%)
< Home < Back

ONGC’s overseas arm receives ‘SCOPE Award’

Date: 27-02-2012

ONGC Videsh (OVL), the overseas arm of ONGC has been conferred with the prestigious ‘SCOPE Award’ for Excellence and Outstanding Contribution to the Public Sector Management - Institutional III (Other Profit Making PSE Category - Non Ratna) 2009-2010. The glittering awards ceremony was held at Vigyan Bhawan, New Delhi on January 31, 2012.

The company received this prestigious award from Hon’ble Prime Minister of India. The awards ceremony was organized by Standing Committee of Public Enterprises (SCOPE) under the aegis of Department of Public Enterprise, Ministry of Heavy Industries & Public Enterprises, Government of India.

ONGC Videsh (OVL) is presently the second-largest E&P company in India both in terms of oil production and oil and gas reserve holdings. OVL prospects oil and gas acreages abroad including acquisition of oil and gas fields, exploration, development, production, transportation and export of oil and gas. OVL is a wholly-owned subsidiary of Oil and Natural Gas Corporation (ONGC) - the flagship national oil company of India.