ONGC Joins International Standards Consortium
POSC, an international consortium of energy companies focused on leveraging technology and standards in eBusiness, announced that Oil & Natural Gas Corporation Limited (ONGC), India's national oil company, has joined the member-driven organization.
ONGC is engaged primarily in the exploration, development and production of crude oil, natural gas and value-added products in India. The precursor of ONGC was established in 1956 by the government of India. ONGC since then has grown into a full-fledged horizontally integrated upstream petroleum company with in-house capabilities and infrastructure in the entire range of oil and gas exploration and production activities.