Oil and Natural Gas Corporation Limited (ONGC)

#Energy #Maharatna #ONGC reports a strong FY’26 performance with consolidated net profit rising 30% to ₹49,793 crore and Q4 consolidated net profit increasing 53% to ₹13,678 crore. Standalone net profit stood at ₹32,894 crore for FY’26. ✔️ Highest ever total dividend payout of ₹16,669 crore with dividend of ₹13.25 per share ✔️ Monetization of gas production commenced in record time from the Daman Upside Development Project (DUDP) ✔️ Projects worth ₹33,075 crore under progress in Western Offshore (Arabian Sea) ✔️ TSP-2 awarded to cover the entire Western Offshore following encouraging results in Mumbai High ✔️ New well gas contributed 21% of revenue from ONGC’s nomination gas portfolio ✔️ 3 hydrocarbon discoveries notified during FY’26 in Mumbai Offshore, including 2 new prospects and 1 new pool discovery ONGC remains committed to strengthening India’s energy security through sustained offshore growth, technological advancement and strategic collaborations. #YouAreEnergy #EnergyNowAndNext

स्वस्मै स्वल्पं समाजाय सर्वस्वं। “A little bit for yourself and everything for others.” Heartiest congratulations to a friend with whom I have interacted on several occasions - the reformer, & champion of economic growth, Sh Uday Kotak Ji on being conferred the Padma Bhushan award in a richly deserved recognition of his outstanding contributions to India’s economic and financial journey.  The architect of one of India’s most respected financial institutions, also very significantly contributed to public policy through his ideas on key committees on corporate governance, banking reforms, and broader economic policy in collaboration with government and regulators.  Working with the spirit of Motherland before all else, Kotak Ji has consistently contributed to strengthening India’s financial architecture and long-term growth thinking. This honour celebrates a lifetime of service towards building a stronger, more resilient, and globally confident India as we journey towards #ViksitBharat under the leadership of PM Sh @narendramodi Ji. @rashtrapatibhvn @PMOIndia @PIB_India @PetroleumMin #PadmaAwards

परोपकाराय फलन्ति वृक्षाः परोपकाराय वहन्ति नद्यः । परोपकाराय दुहन्ति गावः परोपकारार्थमिदं शरीरम् ॥ Trees give fruits for the benefit of others, rivers flow to nourish others, and cows give milk to feed others. Similarly, our human body is meant for the service of others. I came back completely moved and overwhelmed after my interaction with several Padma Awardees at the event hosted by Home Minister Sh @AmitShah Ji to honour them. The exemplary lives and unique experiences of the awardees were evocative, hugely inspiring and, in more ways than one, based on the message of selflessness embodied in the above Sanskrit Shloka. I was particularly delighted to interact with Dr. Ramchandra Godbole Ji and Smt. Sunita Godbole Ji. The couple, who is originally from Maharashtra, with which I have a special connection, have dedicated their lives to transforming the lives of tribal communities of Bastar & Abujhmad and and lived in the region for 37 years.  I could feel the energy when they described their work to me.  Through their sustained grassroots work spanning more than three decades, Dr. Godbole, who is a practitioner of Ayurveda, and his wife Sunita Ji, have provided medical care, health awareness, maternal and child support, and community outreach among some of India’s most vulnerable populations. In recent years, under the leadership of PM Sh @narendramodi Ji, the Padma awards have increasingly evolved into ‘People’s Awards’ honouring unsung heroes, grassroots changemakers, and individuals whose contributions profoundly shape lives and impact communities.  @rashtrapatibhvn @PMOIndia @PIB_India @PetroleumMin #PadmaAwards

Posts consolidated net profit of ₹13,678 crore during Q4 FY’26, up by 53% and ₹49,793 crore for FY’26, up by 30% #YouAreEnergy #EnergyNowAndNext

Highest ever project in progress in Western Offshore (Arabian Sea) with a project cost of ₹33,075 crore #YouAreEnergy #EnergyNowAndNext

Monetization from Daman Upside Development Project (DUDP) started in Western Offshore (Arabian Sea) Expected to deliver ~4.89 MMSCMD of gas progressively #YouAreEnergy #EnergyNowAndNext

Rejuvenating Mumbai High Field with TSP, powering India's Energy future Oil production at 102% of target baseline and gas production at 108% of target baseline #YouAreEnergy #EnergyNowAndNext

#YouAreEnergy #EnergyNowAndNext

#YouAreEnergy #EnergyNowAndNext

#Energy #Maharatna #ONGC reports a strong FY’26 performance with consolidated net profit rising 30% to ₹49,793 crore and Q4 consolidated net profit increasing 53% to ₹13,678 crore. Standalone net profit stood at ₹32,894 crore for FY’26. ✔️ Highest ever total dividend payout of ₹16,669 crore with dividend of ₹13.25 per share ✔️ Monetization of gas production commenced in record time from the Daman Upside Development Project (DUDP) ✔️ Projects worth ₹33,075 crore under progress in Western Offshore (Arabian Sea) ✔️ TSP-2 awarded to cover the entire Western Offshore following encouraging results in Mumbai High ✔️ New well gas contributed 21% of revenue from ONGC’s nomination gas portfolio ✔️ 3 hydrocarbon discoveries notified during FY’26 in Mumbai Offshore, including 2 new prospects and 1 new pool discovery ONGC remains committed to strengthening India’s energy security through sustained offshore growth, technological advancement and strategic collaborations. #YouAreEnergy #EnergyNowAndNext

We’re excited to welcome @ONGC_ as a valued Gold Partner for the @Bharat_FireSfty Congress 2026! 📌 For more details visit: bharatfiresafety.com #BharatFireSafety2026 #FireSafetyCongress #SafetyMatters #SafetyFirst #IndustrialSafety #WorkplaceSafety #OccupationalSafety

It was on this day in 2014 that inclusive development with the mantra of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas’ acquired a new definition when Sh @narendramodi Ji began his epochal journey as the Pradhan Sevak of India. A leader of the people, PM Modi Ji’s policies of transformative socio-economic & financial reforms have scripted India’s growth story & made every Indian a stakeholder in India’s journey towards a glorious future. PM’s decisive, visionary and firm leadership has ensured that India overcomes any challenge that comes our way and turns it into an opportunity as we journey through Amrit Kaal towards Viksit Bharat. 12 years ago, for millions of poor Indians, development was a distant promise. Today, mothers and sisters cook in smokeless kitchens, villagers receive water at home, workers have a bank account, families get free healthcare, and youth dream beyond survival. From darkness to electricity, from exclusion to digital empowerment, from helplessness to aspiration, this journey under PM Modi Ji’s leadership is the soul of New India. The dream of Viksit Bharat is not just about becoming a developed nation by 2047. It is about giving dignity, opportunity, and hope to every ordinary citizen. #12YearsOfModiGovernment #ViksitBharat #AmritKaal

FIPI congratulates @ONGC_ on achieving a landmark milestone by drilling India’s deepest geothermal well in the Puga Valley, Ladakh. Overcoming extreme high-altitude and challenging geological conditions, this achievement reflects ONGC’s technological excellence and commitment to advancing India’s clean energy future. The initiative is a significant step towards unlocking the country’s geothermal potential and strengthening energy security in line with Hon’ble PM @narendramodi’s vision for sustainable and alternative energy development. @PetroleumMin @ChairmanONGC @singharunongc

A landmark step for India’s energy security in the Arabian Sea. On 25 May 2026, #ONGC onboarded M/s BP Exploration Services India Limited (BPXS) [@bp_plc; @bp_India] as Technical Services Provider for the remaining Western Offshore fields in the Arabian Sea, accounting for nearly 62% of Western Offshore production, thereby bringing the entire Western Offshore portfolio under the TSP framework. This follows the onboarding of #bp in January 2025 for rejuvenation of the Mumbai High field, which contributes ~38% of total Western Offshore production. The second phase of the partnership is expected to drive: •⁠ ⁠~10.8% increase in crude oil production •⁠ ⁠~31.5% increase in gas production •⁠ ⁠~24.1% growth in overall O+OEG Powering the next chapter of India’s energy journey with innovation, scale and strategic global collaboration. #EnergyNowAndNext #YouAreEnergy

FIPI congratulates @ONGC_ on the remarkable milestone of 50 years of production from Mumbai High - a defining chapter in India’s energy journey. From the first offshore well to becoming a pillar of India’s energy security, Mumbai High stands as a testament to ONGC’s technological excellence, resilience and pioneering spirit. The contribution of generations of geoscientists, engineers and offshore personnel has played a transformative role in powering the nation’s growth and advancing the vision of energy self-reliance. As Mumbai High completes five decades of excellence, its enduring legacy continues to inspire India’s energy future. 🇮🇳 @PetroleumMin @ChairmanONGC @singharunongc

Aligned with Hon’ble Prime Minister Shri @narendramodi’s vision for alternative and sustainable energy, #ONGC is unlocking Ladakh’s geothermal potential in Puga Valley. ONGC teams have successfully drilled India’s deepest geothermal well at 1,000 metres, overcoming extreme weather, high-altitude terrain above 4,400 metres, and complex subsurface conditions. This milestone strengthens India’s clean energy transition and energy security, as ONGC advances plans for a pilot geothermal power plant and further exploration. #YouAreEnergy #EnergyNowAndNext

FIPI welcomes the Government of India's pathbreaking amendment to the royalty framework under the ORD Act, as it encourages the upstream oil & gas operators to invest more and produce more oil & gas for the country. It not only reinforces the ease of doing business by removing many age-old ambiguities but also empowers the re-investment potential of the upstream operators which is crucial for enhancing domestic production. The benefits of this revised framework are many. Some of the important features are; a) the formula-based ad-valorem deduction towards Post-Well Head Cost (PWHC) will avoid the ambiguous and cumbersome process of working out the revised PWHC for oil which used to be done every two years; b) the standard deduction of 20% for nomination and pre-NELP regime fields and 15% for other regimes to work out the PWHC will eliminate the disputable cost calculation process and cost audits; c) the recognition of the well-head price as a net-back from the sale price shall avoid many disputes across different regimes of oil and gas fields (including DSF fields); d)the payable royalty can be easily worked out now by directly multiplying the well head price with the royalty rate etc. The last but not the least is the rationalisation of the Royalty rates; a) for nomination and pre-NELP blocks in on-land, it is revised from 20% (cum-royalty, effective 16.67%) to 12.5%(ex-royalty); b) for offshore blocks it is revised from 10% (cum-royalty, effective 9.09%) to 10% (ex-royalty). This reform is practically aimed at improving ease of doing business, predictability and viability of upstream projects, and attracting risk capital for the upstream sector. This long-awaited reform has come at a time while the country is facing serious supply chain issues due to the challenging global geopolitics, and focussing on energy security through augmenting domestic production of oil and gas. @HardeepSPuri @TheSureshGopi @neerajmittalias @Secretary_MoPNG @PetroleumMin @ONGC_ @IndianOilcl @BPCLimited @HPCL @Cairn_Vedanta @chennaipetro @gailindia @Ongc_Mrpl @NayaraEnergy @OilIndiaLimited @PetronetLNGLtd @RIL_Updates @EngineersIND @TechnipFMC @HMEL_India @NRL_MoPNG @Shell_India @AxensGroup @bakerhughesco @EY_India @exxonmobil_ind @IGLSocial @LanzaTech @larsentoubro @Jiobpofficial @SiemensIndia @topsoe_official @TotalEnergies @WorldLiquidGas @IGU_News @h2epower @IGX_India @Seros_IN @THINKGasIndia

Mumbai High was discovered in 1974 and started producing in 1976. This giant field is contributing to India’s energy relentlessly since. Gratitude to ONGCians who remained part of this journey.

50 years ago, #ONGC Mumbai High’s first well marked the beginning of a historic journey that transformed India’s energy landscape and strengthened the nation’s path towards self-reliance. Today, as we celebrate 50 years of production from Mumbai High, we salute the generations of geoscientists, engineers, offshore personnel and visionaries whose dedication, resilience and pioneering spirit powered India from the depths of the sea. Through changing times and evolving challenges, Mumbai High has remained a symbol of innovation, perseverance and national pride; fueling industries, homes and the aspirations of a growing nation. 50 years on, the legacy continues to inspire. 🇮🇳 #EnergyNowAndNext #YouAreEnergy

India’s quest to strengthen domestic production of energy scripts a new chapter in Rajasthan. The Energy Maharatna @OilIndiaLimited has successfully unlocked a new gas-bearing pay zone in the Dandewala Field. The flow of natural gas for the first time from the shallower Sanu Formation at nearly 25,000 standard cubic metres per day will provide momentum to India’s journey towards energy self-sufficiency under the guidance and leadership of PM Sh @narendramodi Ji. Kudos to the perseverance, technological excellence and unwavering commitment of Team Oil India! @PMOIndia @BhajanlalBjp @PetroleumMin @PIB_India @RajCMO