Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
(1) To study the various business processes of the Indian MNC and
to see how the processes at home are different from processes
abroad.
(2) To study the expansion of its market territory beyond the
boundaries of the country due to its international image.
(3) To study what all adjustments the company has to make when
it moves abroad.
(4) To study the various environmental differences like cultural,
legal and political between home and foreign country.
(5) To study the various advantages that the company is gaining as
a result of its operations abroad.
SCOPE OF STUDY
Oil & Natural Gas Commission is a company, which has not only
stood the test of time but has successfully dealt with the pressures
of intense competition and globalization. ONGC has increasingly
focused towards becoming a true global company. For this
particular reason we decided to study ONGC as it will give a clear
insight on what exactly are the challenges faced by emerging
Indian MNC’s.
INTRODUCTION
There are many others who share his optimism. For example, an
encouraging trend in ONGC'S crude and gas production in the
current year has not escaped analysts' notice. "Production of oil
and gas for the first quarter in this year, encouragingly, increased
year-on-year by an estimated 8.5 per cent and 6.1 per cent,
respectively," reports Equity Master, a website. After going
through a decade of uncertainty, this reassessment must come as a
great relief to all concerned in ONGC.
NEW BUSINESSES
ONGC has also ventured into Coal Bed Methane (CBM) and
Underground Coal Gasification (UCG);
CBM production would commence in 2006-07 and UCG in
2008-09
ONGC is also looking at Gas Hydrates, as it is one possible
source that could make India self-sufficient in energy.
Started the Sagar Sammriddhi project, a deep water oil
extraction project, at par with the best in the world.
The new project has a daily cost of $0.75 million.
Aims to dig wells, some as deep as 3 kms.
FACTORS FOR THE SUCCESS OF ONGC &
OVL
The success of ONGC & OVL can be explained with the help of
the following diagram:
The business of ONGC features high on almost all the parameters.
• All crudes are sweet and most (76%) are light, with sulphur
percentage ranging from 0.02-0.10, API gravity ranging from
26°-46° and hence attracts a premium in the market.
• Strong intellectual property base, information, knowledge,
skills and experience.
• Maximum number of Exploration Licenses, including
competitive NELP rounds.
• ONGC owns and operates more than 11000 kilometers of
pipelines in India, including nearly 3200 kilometers of sub-
sea pipelines. No other company in India, operates even 50
per cent of this route length.
LEVERAGING TECHNOLOGY
Onshore
Offshore
OPPORTUNITIES
RECOMMENDATIONS