ONGC Full Form- What is the Full Form of ONGC?

ONGC full form is Oil and Natural Gas Corporation and is a central public sector undertaking that produces crude oil and natural gas. The company has received the honor of being the largest producer of natural gas and crude oil in India. You will be amazed to learn that almost 71 % of total domestic production of oil is served by ONGC. 

The organization is actively engaged in the production and development of value added products along with crude oil. Its remarkable contribution bestowed upon them the title of “Maharatna”. As per reports, the government of India owns 60.415 stake in the Oil and Natural Gas Corporation ltd as on March 31, 2022.

What is ONGC Full Form?

As discussed above the full form of ONGC is Oil and Natural Gas Corporation. The government-owned organization is one of the top crude oil producers in India, Platts ranked it 25th among 250 global energy companies. Till now, ONGC has successfully exploited hydrocarbons nestled across 26 sedimentary basins in India, they own about 11,000kms of the pipeline. 

Besides serving India, it operates in 15 international countries thereby, receiving the acclaim of being a reputable and largest oil producer. Well, shaping your career in the largest public sector organization can help explore booming opportunities. To help you understand ONGC, and its recruitment process, we have prepared this article.

Highlights on ONGC

Overview of the Development of ONGC Over the Years

Assam Oil company in the northeastern part and Attock oil in the northwest were the only crude oil producers in pre-independent India. In 1948, the government felt the need for oil and gas production to support economic development, due to this decision, the Economic Policy Statement was drafted in 1948. 

In 1955 the Ministry of Natural Resources and Scientific Research formed the Oil & Natural Gas Directorate to exploit natural gas and crude oil reserves. Under the leadership of Mr KD Malviya, the mission to study the oil sector began, to effectively achieve objectives, training was conducted to explore gas and oil reserves. 

Finally, assistance from soviet specialists helped to develop a 2nd five-year plan to conduct geophysical and geological investigations. In 1956, the government of India passed an Industrial Policy Resolution that entitled the mineral oil business to an “A” grade industry. By gaining constant support from the government, ONGC began its venture “ONGC Videsh Ltd”, a great achievement indeed. 

What are the Top Goals of ONGC?

The government of India established Oil and Natural Gas Corporation (ONGC full form) to meet some of the goals that ultimately result in the economic development of the nation. Let’s check them out.

Here are some of the Key goals of the Oil and Natural Gas Corporation

1. Exploring, developing and optimizing hydrocarbon production to enhance its contribution to the country’s economy.
2. Conducting a program that involves encouraging the development of petroleum resources or related products.
3. Carrying out geophysical and geological surveys that include drilling to explore oil reserves nestled in the country.
4. Analyzing the oil reserves by using geophysical and geological methodologies. 

Recognitions Achieved by ONGC Since its Formation

Undoubtedly, ONGC, full form of which is Oil and Natural Gas Corporation has proved to be the top oil and natural gas producer through sheer hard work and expertise. Their work has been acclaimed by the government of India over the years, we have mentioned some of its biggest achievements and awards below.

• In November 2010, ONGC got the prestigious title of Maharatna from the government.
• As per Brand Trust Report 2012, ONGC got a rank of 82 among India’s most trusted brands.
• ONGC received the prestigious Greentech Excellence Award in 2013.
• In the 2013 Randstad Awards, the company won the title of the top organization in India’s energy sector.
• ONGC held 155th place among the Forbes Global 2000 in 2012.

How to Get Selected in ONGC?

As ONGC is India’s top government-led organization, there's a huge workforce demand in various departments. Working with this largest oil producer is perhaps the dream of many but only a few can fulfill the recruitment process is a bit strict. To get selected for this prestigious organization, candidates have to qualify for GATE. 

If you are interested in working with ONGC then it is important to check the job positions of the company and also the subject you need to choose in the GATE exam.

Eligibility Requirement to Appear in GATE for ONGC

As you already got an idea of how reputable and prestigious Oil and Natural Gas Corporation (ONGC full form) is, the candidates have to first fulfill some eligibility criteria to participate in the GATE exam.

• An applicant must be a citizen of India to appear in GATE.
• Candidates have to score at least 60% in their undergraduate degree course
• A candidate must hail from an engineering course, any other degree course cannot apply for ONGC.
• Those who have completed their graduation from distance learning or in part-time mode are also eligible to apply.
• If a candidate has qualified for an exam like AMIE (Civil), AMIE (Mechanical) or AMIE (Electrical) cannot take part in the recruitment drive. 

Overview of the ONGC Selection Process

The first step that helps candidates fulfill their dream to work with India’s largest oil producers is qualifying GATE. Generally, ONGC releases notification of recruitment through GATE on their official website. Candidates have to fulfill the application procedure, and shortlisting of candidates will be done based on GATE scores. 

After successfully appearing in GATE, the organization will call shortlisted candidates for a round of personal interviews. Well, those who are already employed at any government company need to produce a No Objection Certificate from the past employer. 

Final selection will be conducted by ONGC, full form of which is Oil and Natural Gas Corporation based on some medical criteria and only those who successfully pass the last step will be given an offer letter.