PROFILE |
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The crown jewel of India's oil and gas assets, state-owned Oil & Natural Gas Corporation (ONGC) is India's largest exploration and production company. In a country reliant on imported fuels, ONGC, which has reserves of 1.9 billion tonnes of oil equivalent, accounts for the bulk of domestic supply. International subsidiary ONGC Videsh has established exploration activities in Africa, Eastern Europe, the Middle East, Latin America, and Southeast Asia. ONGC has initiated deep-sea drilling activities and has struck oil in the hazardous waters of Krishna-Godavari near its onshore Rava oil fields. The government of India owns 84% of ONGC, which has minority cross-holdings in refining and production giant Indian Oil.
COMPETITION |
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BP p.l.c. (BP)
Royal Dutch/Shell Group (dossier)
TOTAL FINA ELF S.A. (TOT)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 4,504.30
1-Yr. Sales Growth: 27.7%
Employees: 40,000
Revenue per employee: $112,607.50
KEY PEOPLE |
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Bikash Chandra Bora
CEO
I. N. Chatterjee
CFO
CONTACT INFO |
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Tel Bhavan
Dehradun U. P. 248 003, India
Phone: 91-135-757121
Fax: 91-135-755298
Online: Web Site
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