with Jabera discovery, vindhayan Basin has made entry into the oil reserves map of India. with recent discoveries in Kutch offshore, focus is on bringing this new basin on production. your Company has taken up development of kg-dwn-98/2 block in Krishna-godavari (KG) Basin with an investment of more than us 5,000 million (approx. Peak oil from the field is around 78,000 bpd and gas @.57 mmscmd. gas production commenced from S1 deep Water field (water depth around 280M) in kg basin @.9 mmscmd and the first deep Water gas well to fetch a price of.05 per mmbtu under government approved pricing and market freedom policy. gas sales increased from.08 bcm in fy'16.06 bcm in fy'17; an increase.80. your Company deployed 35 rigs in offshore, the highest ever and drilled 501 wells again the highest ever (401 development wells, the highest ever). Commercial speed during the year has been 1,472; an increase of more than 24 compared to 2015-16.
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(opal ongc teri biotech Ltd. (otbl ongc tripura power Company Ltd., (otpc petronet mhb ltd. (pmhbl dahej sez ltd. (dsez) and Mangalore sez ltd. (msez) about are now operational and have started generating revenue. The significant milestones achieved by your Company during 2016-17: - your Company made 23 Oil and Gas discoveries out of which 13 were Onshore and 10 were Offshore. 4 of these discoveries are in New Exploration and Licencing Policy (nelp) blocks. Focusing on quick monetization, 8 of these discoveries have already been put to production. with these 23 discoveries, your Company accreted.32 MMtoe of 2P reserves resume in the domestic fields. Rrr with 2P reserves during the year has been.45.
Backed by an intensive and continuous exploration programme, your Company made 23 oil and gas discoveries in various basins of India out of which eight discoveries have already been monetized. During the year, your Company produced.25 mmt ofoil against.37 mmt during fy'16. Natural gas production was.09 bcm shredder against.18 bcm during fy'16, thereby recording an increase. Your Company's share in domestic joint ventures' production has been.28 mmt of oil and.18 bcm of gas. Combining the two, total domestic production has been.53 mmt of oil and.27 bcm of gas. Vap production increased from.77 mmt in fy'16.24 mmt in fy'17 (increase of 17) with contribution from C2-C3 and hazira plants. All joint ventures of your Company established for value-chain integration. E.,- ongc petro-additions Ltd.
While this extended period of low commodity prices poses challenges for e p companies in terms of ambitious exploratory efforts and development from difficult areas, it is a source of meaningful monetary comfort for an import dependent economy likes ours. That being said, price-related pressures are likely to ease going forward as companies learn to adapt and improvise in this 'new normal' of low prices. We must not forget that our industry has faced numerous challenges in the past and has always come out stronger each time. This 'new normal' will also be defined and influenced by the international political developments in the past one year and the remarkable growth (both in terms of investment as well as capacity addition) of renewable energy sources, adding a further layer of complexity to the. In this prevailing environment of increased volatility and uncertainty, it has become more important than ever for companies to sharpen their focus on promising growth avenues while consolidating their key areas of strength. For your Company, it meant a more aggressive approach to cost optimization and operational efficiencies in our legacy business and stepping up activity in the area of unmonetized discoveries with comprehensive planning and robust project management philosophy. Considering the critical importance of your Company in the country's overall energy infrastructure, the decisions and actions of today will, to a large extent, not only set the ground for a significant transformation that will enable it to contribute even more expansively to the country's. Despite the challenges of the business and its surrounding environment, your Company along with its group companies has registered yet another year of strong performance and made substantial progress on most of these priority areas. In addition, performance in the other areas of business where your Company has significant interests also recorded important milestones.
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Ori, tel, tam, drag according to your convenience. Et now radio, et now, times now, bSE: 500312. Nse: ongceq 58888: ongc, ind: Oil Drilling And Exploration, isin code: ine213A01029, sECT: Petroleum. Bse live, change: Volume: Open: Prv. Close: Today: 52-Wk: Bid: offer: nse live change: Volume: Open: Prv. Close: Today: 52-Wk: Bid: offer: you can view full text of new the director's Report for Oil And Natural Gas Corporation Ltd.
Director Report Print dear Shareholders, The, on behalf of end the board of Directors of your Company, am pleased to share with you the achievements and highlights of your Company during the financial year ended March 31, 2017 and to present the 24th Annual Report. (ongc) and its Audited Financial Statements with the auditors' report and Comments on the Accounts by the comptroller and Auditor General (CAG) of India and the reply of the management thereto. The challenges that marked the macro environment, viz. Low commodity prices, uncertain demand outlook and slow global economic recovery, in fy'16 persisted in fy'17 as well. Crude prices today are distinctly higher than they were in early 2016. However, it would be prudent for oil and gas companies to remain wary as the recovery has not been as robust and stable as one would have liked it. It is reflective of the larger economic environment of the world where secular growth has not returned to the markets post the global financial meltdown and the subsequent Eurozone slowdown.
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Below you will find details about Punjab Communications Limited Company Profile, share Price, news, Address, management, registrar and Contact Details. This page contains the list of companies in Insurance services category. Click on the company name to get further details of the company. Basic listings, alankit Assignments Limited, office Address: 2E/21, Jhandewalan Extension, new Delhi, dh - 110055. Phone : /42541234, fax : web site url: m, anurash. Office Address: C 003, vijay park society, mathuradas Extention road, general kandivli (W). Mumbai, mh - 400067, phone :, anurash. Contact Address: 3rd Floor Kamanwala Chbrs, Pm road Fort Bombay, mumbai. Mumbai, mh - 400001, phone :, bajaj Allianz.
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Suchas Technologies is not highly sophisticated it company only but it is, also, associated with a group of companies/organizations known as Suchasgroup, which convers software development (it construction, Associates, healthcare, info media and seva more). Punjab Communications resumes Limited was incorporated in 1981. The company is a telecom and information technology (IT) company, which is engaged in the business of manufacturing of telecom products. The companys activities include telecom equipment manufacturing, it and software solutions, turnkey projects, and repair and maintenance. The company provides telecom solutions covering transmission, radio, switching, multiplexing and software. Its products include switching and networking equipments, broadband, wireless, stm1/4/16, power line carrier communication equipment (plcc power plants, security products. The company has tied-up with huawei group for supply of technology products in the transmission, such as synchronous digital hierarchy (sdh dense wavelength division multiplexing (dwdm) and Super wdm to the customers in India. The company has two subsidiaries, namely pcl telecom Limited and Punjab Digital Industrial Systems Limited. Punjab Communications Limited is listed on bse and nse.