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  #1  
Old July 2nd, 2016, 10:30 AM
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Default Myanmar ONGC

Hey I want to know that does the ONGC Videsh signed Production Sharing Contracts (PSCs) with the Myanmar or not so can you please tell me the details for the same ?
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  #2  
Old July 2nd, 2016, 12:03 PM
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Default Re: Myanmar ONGC

Well the ONGC Videsh signed Production Sharing Contracts (PSCs) for two onland exploration blocks B-2 & EP-3 in Myanmar on 8th August, 2014.

The PSCs were signed at Nay Pyi Taw, Myanmar by Director (Exploration), ONGC Videsh, Managing Director of Machinery & solutions Co. Ltd. (M&S), local partner, and Managing Director of Myanmar Oil & Gas Enterprises Ltd (MOGE), National Oil Company of Myanmar.

The Minister of Energy, Government of Myanmar were available at the signing ceremony and other Union Ministers, Regional Ministers, representative from Indian Embassy and seniors officers from MOGE attended the function.

ONGC Videsh is a subsidiary of Oil and Natural Gas Corporation Limited (ONGC) of the national oil company of India,

ONGC’s market capitalisation as on 8th August, 2014 was INR 337,215 Crores (US$ 54.8billion). In the financial year ended 31 March 2014.

ONGC is ranked as the Top Energy Company in India, Fifth in Asia and 21st globally as per Platts Top 250 Global Energy Rankings; Maintains place as World's Third ranked E&P Company in the list.


ONGC Board Of Directors

D K Sarraf
Chairman & Managing Director

S Shanker
Director (T & FS)

T K Sengupta
Director (Offshore)

D D Misra
Director (HR)

A K Dwivedi
Director (Exploration)

V P Mahawar
Director (Onshore)

A K Srinivasan
Director (Finance)
Government Nominee

U P Singh
Addl. Secretary (Exploration)
MoPNG

A P Sawhney
Additional Secretary,
MoPNG
Permanent Invitee

N K Verma
Managing Director, OVL
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