2.10 (0.89%) Oil and Natural Gas Corporation (ONGC) has restored operations at its fields in the Bay of Bengal after a category-4 cyclone made landfall without causing any disruption to its offshore installations. As a precaution the company had halted operations, evacuated some 500 employees and towed rigs to safer waters ahead of the cyclone.
Fani or the 'Hood of Snake', labelled as a category 4 storm on a scale of 1 to 5, made landfall in Puri, with roaring winds flattening huts, enveloping the pilgrim town in sheets of rain, and submerging homes in residential areas.
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.