The proposed Follow-on Public Offer of Oil and Natural Gas Corporation Limited (ONGC), the state-owned oil and gas company in India, is likely to hit the streets by March, 2011. ONGC is Asia's largest and most active company involved in exploration and production of oil
ONGC is involved in exploring for and exploiting hydrocarbons in sedimentary basins of India. It owns and operates more than 11,000 kilometres of pipelines in India. ONGC significantly contributes to India's crude oil production and natural gas production.
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