INTRODUCTION OF ONGC Formed in 14th august 1956 Most valuable
company of India Market value 85000 crores contributes over 84% of
Indias Oil & gas production Every LPG cylinder consumed in
India comes from ONGC one tenth Indias refining capacity is handled
by ONGC
HISTORY 1955, private oil companies mainly carried out
exploration of hydrocarbon resources of India. In Assam, the Assam
Oil Company was producing oil at Digboi (discovered in 1889) and
the Oil India Ltd. In 1955, Government of India decided to develop
the oil and natural gas resources in the various regions of the
country as part of the Public Sector development. 1956, the
Government of India adopted the Industrial Policy Resolution, which
placed mineral oil industry among the schedule 'A' industries ONGC
went offshore in early 70's and discovered a giant oil field in the
form of Bombay High, now known as Mumbai High. The most important
contribution of ONGC, however, is its self-reliance and development
of core competence in E&P activities at a globally competitive
level. The liberalized economic policy, adopted by the Government
of India in July 1991 1999, ONGC, Indian Oil Corporation (IOC) - a
downstream giant and Gas Authority of India Limited (GAIL) - the
only gas marketing company, agreed to have cross holding in each
other's stock. ONGC diversified into the downstream sector. ONGC
will soon be entering into the retailing business. ONGC has also
entered the global field through its subsidiary, ONGC Videsh Ltd.
(OVL). ONGC has made major investments in Vietnam, Sakhalin and
Sudan and earned its first hydrocarbon revenue from its investment
in Vietnam.
ONGC IN INDIA
COMPANY PROFILEONGC has grown into a full fledge horizontally
integrated upstream petroleum company with adequate in house
capabilities and infrastructure in the entire range of oil and gas
exploration and production activities and related oil fields
engineering services .From a small directorate to a monolith today
ONGC is circumpassing the entire public gamut of public sector
organization. ONGC today is endeavoring to become a world class oil
and gas producing company in pursuit of exploration and production
business in the domestic and international area and related
opportunity specific energy business.ONGC today is repositioning
itself to fasten the principle of relational enterprise through
partnership\strategic alliances \joint ventures with preferred
partners and adopt a business strategy which relies on company
skills and positional assets with focus on core business areas and
opportunity specific diversification.
ORGANIZATIONAL SET OF ONGCFrom staff strength of 450 employees
in the year 1956-57 ONGC staff from grown up to 35000 at present.
There are about 15 broad disciplines under four main heading of
Engineering Services, Drilling Services. Geophysical services and
Administration and other support services. Up to 1968, there was
rapid advancement of individuals due to considerable expansion of
Work .Thereafter, some stagnation took place in the career
advancement of the employees.
ORGANIZATIONAL STRUCTURE
MISSIONTo create a value and knowledge based organization by
inculcating a culture of learning, innovation and team working and
aligning business priorities with aspiration of employees leading
to a development of an empowered, responsive and competent human
capital
VISIONTo attain organizational excellence by developing and
inspiring the true potential of companys human capital and
providing opportunities for growth, well-being and enrichment
STRENGTHSO.N.G.C LTD is perceived to be the leader in oil
production industry. O.N.G.C has a very efficient and professional
management team. O.N.G.C being an international company has
sufficient resources and capital to invest. O.N.G.C has ISO-9001
& ISO 14001 registration.
THREATSecurity of personnel & property especially crude oil
continues to be a cause of concern in certain area. In some
exploration Campaign Company involves high technology, high
technology, High investment and high risk.
ONGC BOARD OF DIRECTORSA K Hazarika Chairman & Managing
Director, Director (Onshore) & Director (HR) FUNCTIONAL
DIRECTORS
D K Sarraf Director (Finance)
U N Bose Director (Technology & Field Services)
Sudhir Vasudeva Director (Offshore)
S V Rao Director (Exploration)
SPECIAL INVITEE
GOVERNMENT NOMINEE
R S Butola Managing Director, OVL
L M Vas Addl. Secy. DEA Ministry of Finance, Govt. of India
INDEPENDENT DIRECTORS
S Balachandran
S S Rajsekar
Santosh Nautiyal
Anita Das
WHY SHOULD I SELECT THE COMPANY FOR JOB
Oil and Natural Gas Corporation Ltd. (ONGC) is a Fortune-Global
500 Company and the first ever Indian Corporate in Fortune list of
'World's Most Admired Companies. It ranks 16th among leading global
energy majors as per 'Platts' Top 250' Global Energy Company
Ranking. It leads all Indian Corporates in Forbes Global and in
Financial Times Global 500. ONGC, through its subsidiary ONGC
Videsh Ltd. (OVL), is India's biggest Transnational Corporate with
overseas investment of over 10 billion USD in 16 countries. The pay
scale is in the grade of Rs. 24,900 - 50,500/- with an increment of
3% per year. Besides Basic Pay, the employee is entitled to
allowance @ 47% of Basic Pay under Cafeteria Approach, Dearness
Allowance , HRA/Company Accommodation, Contributory Provident Fund,
Conveyance Maintenance, Substantial Performance Related Pay (PRP),
Medical Facility for self and dependents, Gratuity, Self
Contributory Post Retirement Benefit Scheme and Composite Social
Security Scheme as per Company rules.
EMPLOYEE SATISFIED WITH JOBPAY COMPENSATION WORK CONDITIONS
PROMOTIONS BENEFITS OFFERING JOB SECURITY GOOD LEADERSHIP IN THE
ORGANISATION GOOD RELATIONSHIP WITH THEIR BOSS RECOGNITION FOR
THEIR ACHIEVEMENTS ADVANCEMENT IN THEIR CAREERS PERSONAL GROWTH AND
DEVELOPMENT FEEDBACK AND SUPPORT CLEAR DIRECTION AND OBJECTIVES SO
THERE IS A LOT THAT CAN BE DONE ON THE POSITIVE SIDE TO INCREASE TO
SELECT THE COMPANY
MAKING TOMORROW BRIGHTERTHANK YOU
