ONGC Year of Establishment

My brother is studying in Class 8th. He has to make a Project on Oil and Natural Gas Corporation Limited (ONGC). So he wants to know about Year of Establishment of Oil and Natural Gas Corporation Limited (ONGC). So someone is here who will provide information about establishment of this company?

The Oil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company.

It has its Head Quarter in Dehradun.

It is a Public Sector Undertaking (PSU) of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas.

ONGC was founded on 14 August 1956 by Government of India.

It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India, and owns and operates over 11,000 kilometers of pipelines in the country

Its international subsidiary ONGC Videsh currently has projects in 17 countries.

ONGC has discovered 6 of the 7 commercially producing Indian Basins,

On 31 March 2013, its market capitalisation was INR 2.6 trillion (US$48.98 billion).

SUBSIDIARIES

ONGC Videsh Limited (OVL) in Latin America;
Brazil (Block BC-10, BM-SEAL-4, BM-BAR-1, BM-ES-42, BM-S-73 & S-74)
Colombia (Block LLA-69, RC-8, RC-9, RC-10, SSJN-7 & CPO-5)
Cuba (Block N-25, N-26, N-27, N-28, N-29 N-34, N-35 & N-36 Block)
Venezuela (Block San Cristobal, Block Carabobo-1)

ONGC Videsh Limited (OVL) in CIS & Far-East;
Vietnam (Block 06.1, 127, 128)
Myanmar (Block A-1, A-3, AD-2, AD-3 & AD-9, Pipeline Project- PipeCo-1, PipeCo-2)
Russia (Block Sakhalin-I, 69, 70–1, 70–2, 70–3, 77, 80, 85–1, 85–2 and 86)(15% shares in csjc vancourneft company of vancour)
Kazakhstan (Satpayev Exploration Block)

ONGC Videsh Limited (OVL) in Africa;
Libya (Block NC-189, 81–1, Contract Area 43)
Nigeria (Block OPL 279, OPL 285, Block-2)
Sudan & South Sudan (GNOP/GNPOC/GPOC- 1, 2 & 4, Block 5A, Pipeline- Khartoum-Port Project)
Mozambique (Rovuma Area 1 Offshore)

ONGC Videsh Limited (OVL) in Middle East;
(Al Furat (4 PSA), Block-XXIV)
"Mangalore Refinery and Petrochemicals Limited":

PRODUCTS
Gas
SKO
Crude Oil
Naptha
C2-C3
LPG

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