Oil & Natural Gas Corp. Ltd. · NSE:ONGC
Oil & Natural Gas — Shareholder Meeting (September 2004)
63 slides from Oil & Natural Gas's shareholder meeting presentation, Sep 29, 2004
Slide 1: Slide 1
Slide 2: Courage to Explore, Knowledge to Exceed, Technology to Excel
Courage to Explore, Knowledge to Exceed, Technology to Excel
Slide 3: AGM FY 2003-04 Media Interaction
AGM FY 2003-04 Media Interaction 29th September 2004 New Delhi
Slide 4: Results 2003-04
Results 2003-04 4
Slide 5: ONGC Group Turnover crossed USD 10 billion
ONGC Group Turnover crossed USD 10 billion 5
Slide 6: ONGC Group Turnover doubled in two years
ONGC Group Turnover doubled in two years, from Rs 23,238 Crore to Rs 45,302 Crore 6
Slide 7: Turnover in Rs Crore: ONGC, OVL, MRPL
Turnover in Rs Crore 2001-02 2002-03 2003-04 ONGC 23,857 35,387 32,927 OVL 11 195 3,245 MRPL 5,354 8,581 12,612 7
Slide 8: Production: Crude Oil in MMT
Production : Crude Oil in MMT 30 25 20 2001-02 2002-03 2003-04 8
Slide 9: Production: Natural Gas in BCM
Production : Natural Gas in BCM 30 25 20 2001-02 2002-03 2003-04 9
Slide 10: Production: Value-added Products in MMT
Production : Value-added Products in MMT 5 4 3 2 1 0 2001-02 2002-03 2003-04 10
Slide 11: Turnover in Rs Crore
Turnover in Rs Crore 50000 30000 10000 2001-02 2002-03 2003-04 11
Slide 12: Net Profit in Rs Crore
Net Profit in Rs Crore 15000 10000 5000 0 2001-02 2002-03 2003-04 12
Slide 13: Net Worth in Rs Crore
Net Worth in Rs Crore 50000 30000 10000 2001-02 2002-03 2003-04 13
Slide 14: Financial Ratios
Financial Ratios 01-02 02-03 03-04 Profit to sales (%) 26.0 29.8 26.3 ROCE (%) 39.2 54.0 45.8 14
Slide 15: Financial Ratios
Financial Ratios 01-02 02-03 03-04 EPS (Rs) 43.5 73.8 60.8 RoE (%) 21.0 29.6 21.7 Book value / share (Rs) 207 250 281 15
Slide 16: Financial Ratios
Financial Ratios 01-02 02-03 03-04 Debt-Equity ratio 0.10:1 0.01:1 0.01:1 16
Slide 17: Contribution to exchequer
Contribution to exchequer Rs 16,858 Crore 6 Central Govt.: Rs 14,303 Crore 6 State Govt.: Rs 2,555 Crore 17
Slide 18: ONGC among World's 400 Best Big Companies
ONGC among Worlds’ 400 Best Big Companies Forbes Magazine 20th September 2004 18
Slide 19: Programme 2004-05
Programme 2004-05 19
Slide 20: Exploration
Exploration
Slide 21: Six new finds in 2003-04
Six new finds in 2003-04 Oil: 1 Gas: 3 Oil & Gas: 2 First discovery in Project Sagar Sammriddhi KG offshore gas
Slide 22: Acquisition, Processing, Interpretation
Acquisition Processing Interpretation Highest-ever effort 22
Slide 23: Sagar Sammriddhi
Sagar Sammriddhi deep waters exploration campaign, globally the biggest by a single operator in progress 23
Slide 24: ONGC: 2nd operator in world beyond 3,000 meters water depth
ONGC 2nd operator in world to venture into water depth exceeding 3,000 meters 24
Slide 25: ONGC & CAIRN
ONGC & CAIRN mutual farm-in/ farm-out approved by GoI 25
Slide 26: Mumbai High Redevelopment
Mumbai High Redevelopment project scope enhanced & enlarged on track 26
Slide 27: HSE
HSE
Slide 28: Accreditations 2003-04
Accreditations 2003-04 ISO 14001: 69 ISRS: 29 QMS ISO 9001: 18 Total: 116 28
Slide 29: QHSE accreditations targeted for 100% of installations
QHSE accreditations targeted for 100% of ONGC installations this year 29
Slide 30: Overseas
Overseas
Slide 31: OVL in 10 countries
OVL in 10 countries IRAN IRAQ Exploration Exploration Asset Asset RUSSIA Asset in SYRIA Development Exploration Asset Ivory Coast VIETNAM Exploration Asset Producing Asset MYANMAR Asset in Development SUDAN LIBYA Producing Asset Exploration Australia Asset 5A & 5B Exploration exploration Assets Asse
Slide 32: Sudan Pipeline Project
Sudan Pipeline Project 741 Km (300 mm dia) pipeline Khartoum Refinery to Port Sudan 32
Slide 33: Major Projects
Major Projects
Slide 34: Offshore: Projects under implementation
Offshore Projects under implementation Investment Target (Rs Crore) MHN redevelopment 2,929 Dec 2005 MHS redevelopment 5,256 July 2007 IOR Neelam 348 Nov 2004 D-1 development 507 Mar 2005 Contracts awarded 34
Slide 35: Offshore: Projects under implementation
Offshore Projects under implementation Investment Target (Rs Crore) MH - Uran Trunk Pipeline 2,793 May 2005 MH – Vasai Pipeline 195 Dec 2004 MH – NH Pipeline 198 Feb 2005 Contracts awarded 35
Slide 36: Offshore: Projects in process
Offshore Projects in process Investment Target (Rs Crore) Vasai East development1 985 Mar 2006 Vasai Phase-II2 1,771 Mar 2007 1 Consultant appointed 2 NIT issued 36
Slide 37: Onshore: Projects under implementation
Onshore Projects under implementation Investment Target (Rs Crore) IOR Gandhar 692 Dec 2004 IOR Rudrasagar 114 Mar 2006 IOR Geleki 345 Mar 2007 Other small IOR projects 288 May 2005 Contracts awarded 37
Slide 38: Onshore: Projects under process
Onshore Projects under process Investment Target (Rs Crore) G-1/ GS-15 development1 510 Mar 2006 C2-C3 & LPG recovery2 1,493 Dec 2006 1 Tender under finalization 2 Consultant appointed 38
Slide 39: Total investment
Total investment Rs. 18,814 Crore Offshore: Rs 14,981 Crore Onshore: Rs 3,833 Crore 39
Slide 40: Value chain: MRPL
Value chain: MRPL Majority equity (51%) and Management Control Acquired on 28th March’ 03 @ Rs 66 Crore per MMTPA capacity Least Cost Refinery acquisition in the World 40
Slide 41: Value chain: MRPL
Value chain: MRPL Equity holding increased to 71%. Potentially sick company turned-around in the very first year 2003-04 Refinery achieved 104% Crude run 41
Slide 42: ONGCpura
ONGCpura
Slide 43: PURA
PURA Providing Urban amenities in Rural Areas envisioned by His Excellency APJ Abdul Kalam, President of India 43
Slide 44: The four connectivities
The four connectivities Physical Electronic Economic PURA Knowledge 44
Slide 45: PURA: the roadmap by GOI
PURA: the roadmap by GOI 6 50,000 PURAs covering 6 Lakh villages 45
Slide 46: ONGCpura concept
ONGCpura concept To provide gas-based power from isolated & idle gas wells to initiate the PURA process 46
Slide 47: One ONGCpura in each state where ONGC produces
One ONGCpura in each state, where ONGC produces oil & gas Tripura, Assam, Gujarat, Rajasthan, Andhra Pradesh, Tamil Nadu, 47
Slide 48: ONGCpura Trust
ONGCpura Trust formed on 15th July 2004 with corpus of Rs 10 Crore from ONGC 48
Slide 49: ONGCpura: Promoter-Partners
ONGCpura: Promoter-Partners 6 ONGC : gas from isolated & idling wells 6 NABARD: micro-credit & entrepreneurial development 6 TERI : project study & development 6 Wartsila : power generation 6 Thermax : cold chain 49
Slide 50: ONGCpura
ONGCpura ONGCpura project may begin with sale of power @10% of the cost 50
Slide 51: ONGCpura
ONGCpura As connectivities develop, the price of power may be raised by 20%, 30%, 40% of the cost in 2nd, 3rd and 4th years respectively 51
Slide 52: ONGCpura
ONGCpura The project concludes in the 5th year 6 with power priced @110% of the cost and 6 activities including power generation are taken over by the Community and/or SG/ LSG agencies 52
Slide 53: Sports
Sports
Slide 54: ONGC won Petroleum Minister's Trophy
ONGC won Petroleum Minister's Trophy 2nd year running 54
Slide 55: ONGCians bagged Medals in SAF Games 2004
ONGCians bagged 19 Medals in SAF Games 2004 55
Slide 56: ONGCians win Arjuna Award
ONGCians win Arjuna Award Mr. Virendra Sehwag Mr. K.Sasikiran 56
Slide 57: Awards
Awards
Slide 58: SCOPE Award for Excellence
SCOPE Award for Excellence & Outstanding contribution Best PSU Chief Executive for 2002-03 58
Slide 59: NPMP Award for Excellence in Finance Management
ONGC received NPMP Award for Excellence in Finance Management 3rd time running 59
Slide 60: ICSI National Award for Excellence in Corporate Governance
ONGC awarded ICSI National Award for Excellence in Corporate Governance 2003 60
Slide 61: Golden Peacock Award for Environment Management
ONGC received Golden Peacock Award for Environment Management from World Environment Foundation 61
Slide 62: Thank you
Thank you
Slide 63: Courage to Explore, Knowledge to Exceed, Technology to Excel
Courage to Explore, Knowledge to Exceed, Technology to Excel
Oil & Natural Gas — Shareholder Meeting (September 2004) on 6ix