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Oil&Gas Industry: Awards ONGC bags National Awards for Excellence in Cost Management

Editor: Dominik Stephan

India's Oil and Natural Gas Corporation (ONGC) received a major boost at the 9th National Awards for Excellence in Cost Management held at New Delhi when two of the company's units (Karaikal and Western Offshore) bagged two prestigious prizes in the category of 'Public Manufacturing: Unit (Large)'. CMD Sudhir Vasudeva received the Awards from Dr. M Veerappa Moily, Minister for Corporate Affairs.

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Award for India's Oil and Natural Gas Corporation: ONGC bags the 9th National Awards for Excellence in Cost Management
Award for India's Oil and Natural Gas Corporation: ONGC bags the 9th National Awards for Excellence in Cost Management
(Picture: PROCESS India)

New Delhi/India – Reacting to the recognition for the organization that has been bestowed by the distinguished jury, CMD said, "Ethical responsibility and a transparent management ethos lie at the core of ONGC's philosophy of doing business. These awards are respectable testimony of the continuous work and dedication that ONGC has rendered in the service of the nation for more than half a century."

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