Oil & Natural Gas Corporation Ltd Mergers and Acquisitions


Oil & Natural Gas Corporation Ltd

Jeevan Bharti Tower II-124
Indira Chowk, New Dehli 110-001
India
Tel:91/330-0156
URL: http://www.ongcindia.com/
Formerly known as:
Oil & Natural Gas Commission
Primary Symbol & Exchange:
500312 - Ordinary Shares - Bombay
Industry:
Oil & Gas
Oil & Natural Gas Corporation Ltd Company Snapshot

Oil & Natural Gas Corporation Ltd Deal Timeline


Drag the timeline to see more deals; click on a deal to see details.


Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Oil & Natural Gas Corporation Ltd M&A History


Jarpeno Ltd launches a tender offer for Imperial Energy Corp PLC Jarpeno Ltd launches a tender offer for Imperial Energy Corp PLCDec 31, 2008

UK - Jarpeno Ltd (JL) of Cyprus, a new company formed by Indian majority state-owned Oil & Natural Gas Corp Ltd's (ON) ONGC Videsh Ltd subsidiary, created for the purpose of making an acquisition, declared unconditional its tender offer to

Oil & Natural Gas Corp Ltd is rumored to be looking for a minority stake in MangistauMunaiGaz from Setdco Group Oil & Natural Gas Corp Ltd is rumored to be looking for a minority stake in  MangistauMunaiGaz from Setdco GroupOct 09, 2008

KAZAKHSTAN - Indian state-owned Oil & Natural Gas Corp Ltd was rumored to be planning to acquire an undisclosed minority stake in MangistauMunaiGaz, an oil and gas exploration and production company, and a majority-owned unit of Setdco Group's Central

ONGC is rumored to be looking for a minority stake in Yuganskneftegaz from BaikalFinans Group ONGC is rumored to be looking for a minority stake in  Yuganskneftegaz from BaikalFinans GroupJan 25, 2005

RUSSIA - Indian state-owned Oil & Natural Gas Corp {ONGC} was rumored to be planning to acquire a ##% stake in Yuganskneftegaz, from Russian state-owned OAO Rosneft.

India seeking buyer for minority stake in ONGC India seeking buyer for minority stake in ONGCSep 29, 2004

INDIA - In December ####, Indian Oil Corp Ltd (IO) announced that it was seeking a buyer for ##% stake in Oil & Natural Gas Corp {ONGC}, an oil and gas exploration and production company. Kotak Mahindra, Citi Financials and JM Morgan

ONGC acquires WA-306-P from Antrim Energy Inc (pending) ONGC acquires WA-306-P from Antrim Energy Inc (pending)Aug 30, 2004

AUSTRALIA - Indian state majority-owned Oil & Natural Gas Corp {ONGC} planned to acquire ##% interest in WA-###-P, an oil and gas exploration and production company and a joint venture between Magellan Petroleum (WA) Pty Ltd and Antrim Energy

ONGC withdraws offer for Greater Plutonio Dvlp Project ONGC withdraws offer for Greater Plutonio Dvlp ProjectApr 07, 2004

ANGOLA - ONGC Videsh Ltd (OVL), a unit of Indian majority state-owned Oil & Natural Gas Corp {ONGC}, withdrew its agreement to acquire a ##% interest in the Greater Plutonio Development Project (GP), from Shell Exploration & Production Angola BV (SE), an

ONGC privatized ONGC privatizedMar 06, 2004

INDIA - In December ####, the Indian government (IG) divested its##% stake in Oil & Natural Gas Corp {ONGC}, an oil and gas exploration and production company, to the public in an equity carveout transaction. Concurrently, IG planned to divest its##% stake

ONGC acquires remaining interest in MRPL from India (pending) ONGC acquires remaining interest in MRPL from India (pending)Jan 23, 2004

INDIA - Indian majority state-owned, Oil & Natural Gas Corp (ONGC) planned to acquire the remaining ##.##% stake, which it did not already own, in Mangalore Refinery & Petrochemicals Ltd (MRPL), an oil and gas exploration and production company.

ONGC acquires a minority stake in MRPL from India (pending) ONGC acquires a minority stake in MRPL from India (pending)Nov 29, 2003

INDIA - Oil & Natural Gas Corp {ONGC} planned to raise its interest to ##.##% from ##.##%, by acquiring a ##.##% stake, or ###.### mil ordinary shares in Mangalore Refinery & Petrochemicals Ltd (MRPL), an oil and gas exploration

ONGC acquires a minority stake in Petronet MHB Ltd from Petronet India Ltd ONGC acquires a minority stake in Petronet MHB Ltd from Petronet India LtdOct 01, 2003

INDIA - Indian majority state-owned Oil & Natural Gas Corp {ONGC} acquired a ##% stake in Petronet MHB Ltd, an oil and gas exploration and production company, and a ##:##:##:## joint venture among Petronet India Ltd, Indian majority

ONGC withdraws offer for minority stake in MRPL ONGC withdraws offer for minority stake in MRPLSep 25, 2003

INDIA - Indian majority state-owned Oil & Gas Natural Corp {ONGC} withdrew its plans to raise its interest to ##.##% from ##.#%, by acquiring a further ##.##%, or ###.### mil ordinary shares, in Mangalore Refinery & Petrochemicals Ltd

ONGC acquires Cairn Energy-Oil & Gas Block from Cairn Energy PLC (pending) ONGC acquires Cairn Energy-Oil & Gas Block from Cairn Energy PLC (pending)Jun 27, 2003

INDIA - Indian majority state-owned Oil & Natural Gas Corp {ONGC} agreed to acquire the oil & gas block of Cairn Energy PLC (CE), an oil and gas exploration and production company, located in Krishna Godavari, for a sweetened #.### bil

ONGC acquires a minority stake in MRPL from India ONGC acquires a minority stake in MRPL from IndiaJun 20, 2003

INDIA - Indian majority state-owned Oil & Natural Gas Corp (ON) raised its interest to ##.##% from ##.##%, by acquiring a ##.##% stake, or ###.### mil ordinary shares, via the exercise of call option, in Mangalore Refinery

ONGC acquires a minority stake in Greater Nile Petroleum ONGC acquires a minority stake in Greater Nile PetroleumMar 12, 2003

SUDAN - Indian state-owned Oil & Natural Gas Corp acquired a ##% stake in Greater Nile Petroleum Operating Co, an oil and gas exploration and production company, from Talisman Energy Inc, for #.### tril Sudanese pounds (##.### bil Indian

ONGC acquires a minority stake in MRPL ONGC acquires a minority stake in MRPLMar 03, 2003

INDIA - Indian majority state-owned unit, Oil & Natural Gas Corp (ON) acquired a ##.#% stake, or ###.### mil ordinary shares, in Mangalore Refinery & Petrochemicals Ltd (MP), an oil and gas exploration and production company, from Aditya Birla Group

ONGC acquires MRPL ONGC acquires MRPLFeb 17, 2003

INDIA - Indian majority state-owned unit, Oil & Natural Gas Corp (ON) raised its interest to ##.##% from ##.##%, by acquiring a ##.##% stake, or ### mil ordinary shares, in Mangalore Refinery & Petrochemicals Ltd (MP), an oil and

ONGC acquires a minority stake in Sirte Basin,Ghadames Basin from Sirte Basin Block (pending) ONGC acquires a minority stake in Sirte Basin,Ghadames Basin from Sirte Basin Block (pending)Aug 22, 2002

LIBYA - Oil and Natural Gas Corp of India planned to acquire a ##% stake in Sirte basin and Ghadames basin blocks, exploration oil blocks from Turkish Petroleum Overseas Co. Terms were not disclosed.

ONGC acquires a minority stake in Daewoo Intl-A-10 Gas Field from Daewoo International Corp ONGC acquires a minority stake in Daewoo Intl-A-10 Gas Field from Daewoo International CorpAug 14, 2002

SOUTH KOREA - Indian state-owned Oil & Natural Gas Corp acquired a ##% stake in A-## gas field, located in Myanmar a unit of Daewoo International Corp(DI). Terms were not disclosed. Concurrently, Korea Gas Corp and Gas Authority of

Indian Oil Corp acquires ONGC from India (pending) Indian Oil Corp acquires ONGC from India (pending)Oct 02, 2001

INDIA - Indian Oil Corp Ltd (IO) planned to merge with Oil & Natural Gas Corp, an oil and gas exploration and production company, a majority-owned unit of the Indian Government. Concurrently, IO planned to merge with Gas Authority of India.

ONGC acquires a minority stake in RasGas from Qatar (pending) ONGC acquires a minority stake in RasGas from Qatar (pending)Jun 05, 2001

QATAR - State-owned Oil & Natural Gas Corp (ONGC), of India, planned to acquire a #% stake in Ras Laffan Liquified Natural Gas Co, manufacturer of liquified gas, in exchange for a ##% stake in Petronet LNG Ltd, a joint venture

Oil & Natural Gas Corporation Ltd M&A Summary


Oil & Natural Gas Corporation Ltd has made 1 acquisitions while taking stakes in 6 companies. Oil & Natural Gas Corporation Ltd has 0 divestiture during this period.
YearAcquisitionsStakesDivestitures
2009000
2008100
2007000
2006000
2005000
2004000
2003050
2002010
Total160

Other Recent M&A in the Oil & Gas industry