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ONGC, Oil India Sign MoU for Joint Oil and Gas Exploration

Newsmantra — Mon, 02 Feb 2026 08:03:04 +0000

NEW DELHI. Oil & Natural Gas Corporation Limited and Oil India Limited have signed a Memorandum of Understanding at India Energy Week 2026 in Goa to explore opportunities for collaboration in oil and gas exploration. The agreement, signed by senior officials of both companies, provides a framework for technical cooperation and evaluation of joint participation in exploration activities, particularly under the Open Acreage Licensing Policy Round X and future bid rounds across Indian sedimentary basins. Officials said the partnership will combine the expertise of both PSUs to improve exploration efficiency and contribute to strengthening India’s energy security.

The agreement was formally inked by Shri Dinesh Singh, Chief General Manager (Geology), ONGC, and Shri D. S. Manral, Executive Director (E&D), OIL.

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Oil India Limited Announces Key Executive Director Appointments

Newsmantra — Fri, 05 Dec 2025 11:37:51 +0000

Oil India Limited (OIL) has announced the appointment of seven Executive Directors across critical operational and strategic domains. The newly appointed EDs include Shri Sanjib Kumar Gogoi as ED (Offshore), Shri Kishore Kumar Das as ED and Executive Officer to CMD, Shri Raghunath Mishra as ED (Business Development), Shri Dharam Singh as ED (Exploration & Drilling), Shri Pothumudi Venkata Ramana Murthy as ED (Contracts & Procurement), Shri Raj Kishore Singh as ED (Fire Services), and Shri Santanu Kumar Saikia as ED & CEO of OIL Green Energy Ltd. Additionally, Dr. Niruj Kumar Das has been appointed as ED (MS, Obstetrics & Gynaecology), and Shri Jyotirmoy Bhattacharya as ED (Finance). These appointments strengthen OIL’s leadership across key functional areas, supporting the company’s continued growth and diversification efforts.

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Oil India Limited and NEEPCO Sign 15-Year Gas Supply Agreement

Newsmantra — Wed, 15 Oct 2025 06:12:47 +0000

Oil India Limited has signed a 15-year Gas Sale and Purchase Agreement with North Eastern Electric Power Corporation Limited to supply 1.4 million standard cubic meters per day of natural gas to NEEPCO’s Assam Gas Based Power Station at Bokuloni, Dibrugarh. This agreement extends the previous 10-year contract, ensuring continued gas supply for the plant’s operation. The deal was executed by Sh Ranjan Goswami, Executive Director (Business Development) of Oil India, and Sh Bijit Kumar Goswami, Executive Director (Operation & Maintenance) of NEEPCO, at the power station’s office. The long-term pact aims to strengthen energy security, support regional power generation, and promote sustainable development in Assam and the northeastern region.

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OIL and BPCL Sign JV Agreement for City Gas Distribution in Arunachal Pradesh

Newsmantra — Wed, 27 Aug 2025 07:35:40 +0000

New Delhi: Oil India Limited (OIL) and Bharat Petroleum Corporation Limited (BPCL) signed a Joint Venture Agreement (JVA) at BPCL’s Corporate Office to form a Joint Venture Company (JVC) for establishing a City Gas Distribution network in Arunachal Pradesh. The agreement was signed in the presence of Dr. Ranjit Rath, Chairman & Managing Director, OIL, and Shri Sanjay Khanna, Director (Refineries) with Additional Charge of CMD, BPCL. This company will undertake the City Gas Distribution (CGD) project in Arunachal Pradesh, awarded to the OIL- BPCL consortium during the 12th CGD Bid Round conducted by the Petroleum and Natural Gas Regulatory Board (PNGRB).

The JVC will set up CNG stations and provide PNG connections to domestic, commercial, and industrial users, supporting the Government’s gas-based economy vision. Dr. Rath highlighted OIL’s commitment to clean energy in the region, citing its hydrocarbon legacy and the Kumchai-Kusijan gas pipeline commissioning as key milestones in advancing India’s hydrocarbon vision for the North-East.

Shri Sanjay Khanna, CMD of BPCL, remarked: “This Joint Venture reaffirms BPCL’s commitment to expanding clean energy access across India, with special focus on the North-East. Together with OIL, we will build a strong City Gas Distribution network to serve households, industries, and transport. Arunachal Pradesh holds great potential, and through this initiative we aim to drive sustainable growth, improve quality of life, and support India’s vision of a gas-based economy”.

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ONGC and Oil India Limited Sign MOU for Crisis Management Support in Rajasthan

Newsmantra — Thu, 14 Aug 2025 09:00:31 +0000

Jodhpur, Rajasthan — ONGC and Oil India Limited have signed a Memorandum of Understanding (MOU) in Jodhpur to extend ONGC’s Crisis Management Team (CMT) services to OIL’s Rajasthan fields. This strategic partnership aims to enhance emergency response capabilities by reducing response times and overcoming logistical challenges associated with mobilizing equipment from distant locations.

As the only CMT service provider in India’s E&P sector, ONGC offers unmatched expertise in handling large-scale onshore blow-outs and complex well control operations. This collaboration reaffirms our unwavering commitment to operational safety and excellence in the region.

Together, we reinforce our dedication to safeguarding our assets and personnel through swift and effective crisis management support.

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ONGC and Oil India Limited Sign MOU to Collaborate on Exploration of New Hydrocarbon Blocks

Newsmantra — Wed, 13 Aug 2025 07:52:07 +0000

ONGC and Oil India Limited formalized their collaboration through a Joint Operating Agreement for three promising blocks awarded in OALP Bid Round IX. The blocks, located in the Assam Basin (Meghalaya), Cambay Basin (Gujarat), and Mahanadi Basin (Ultra Deepwater, East Coast), cover approximately 10,964 square kilometers and are rich in hydrocarbon potential. MoU signed on 12 August 2025.

With ONGC taking the lead as the Operator, the consortium plans to undertake advanced exploration activities to unlock the hydrocarbons in these regions. This strategic partnership aims to enhance India’s energy security and align with the nation’s vision of #EnergyNowAndNext, supporting sustainable growth and energy independence.

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In the Open Sea, Preparedness is the Real Power.

Newsmantra — Mon, 28 Jul 2025 06:24:29 +0000

ONGC conducted its maiden Oil Spill Response Workshop on the East Coast at Kakinada (Bay of Bengal), featuring a high-intensity mock drill with Indian Coast Guard, Oil spill experts, Oil India Limited , Vedanta Group and Reliance Industries Limited.

A milestone in building rapid response, environmental safety, and seamless inter-agency coordination.

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Trailukya Borgohain Appointed as Director (Operations) of Oil India Limited

Newsmantra — Wed, 18 Dec 2024 10:02:18 +0000

Shri Trailukya Borgohain has been appointed as the Director (Operations) of Oil India Limited (OIL) . With over three decades of experience in E&P operations, Borgohain joined OIL in 1995 as an Executive Trainee in the Geological Department, Borgohain has played a significant role in key oil and gas discoveries in Assam, Rajasthan, and Gabon. His tenure as General Manager and Head of OIL’s Gabon Exploration Project from 2017 to 2021 exemplifies his technical and leadership strengths.

Prior to his current role, he served as Chief General Manager (Geology & Reservoir) at OIL, where he led initiatives aimed at enhancing oil and gas field development in Upper Assam. Beyond his corporate responsibilities, Borgohain is actively involved with industry organizations, currently serving as Vice President of the Association of Petroleum Geologists (APG India) for 2023–25 and participating in organizing Geo India 2024. His membership in Delta-Mu-Delta, an honor society recognizing academic excellence, further reflects his commitment to his professional growth. With his extensive expertise, Borgohain is poised to drive operational excellence and support OIL’s strategic objectives in the E&P sector.

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NEWS MANTRA UPDATES DECEMBER- 18- 2024

Newsmantra — Wed, 18 Dec 2024 05:49:40 +0000

1. NEW DELHI. NHPC aims to have installed capacity of 50 GW by 2047; CMD NHPC tells FE. Financial Express

2 . NEW DELHI .Oil India Limited is exploring around 15,000 sq km area of Mahanadi onshore basin to look for oil and natural gas according to the Oil India chairman and managing director (CMD) Ranjit Rath.

3 . MANGALURU. MRPL commissions new bitumen production plant; The Hindu

4 . NEW DELHI .Centre plans to increase financing for renewable energy projects; ET

5 . NEW DELHI . PTC India Board Rejects Rajib Mishra’s Return as CMD; The Week

6 . NEW DELHI . SAIL sweeps majority Vishwakarma Rashtriya Puraskar .

7 . NEW DELHI . Approval Of Shareholders Mandatory For Listing Shares On Stock Exchange : Supreme Court; Live Law

8 . NEW DELHI .Airfares governed under the Competition Act, 2002, and anti-competitive practices are monitored by the Competition Commission of India (CCI) says govt in Rajya Sabha; Business Line

9 . BHUBANESHWAR . Oil India Ltd. and Bhubaneswar Municipal Corporation join hands for Rs 175 crore biogas project.

10 .KOCHI . Gratuity Cannot Be Paid In Installments: Kerala High Court; Live Law

11 . NEW DELHI . Shri RS Sharma Resigns As ONDC Chair due to personal reasons: He was former Chairman of the Telecom Regulatory Authority of India (TRAI).

12 . NEW DELHI . Coal & Lignite Public Sectors establishes 16 Eco-Parks over last 5 years to promote tourism.

13 . NEW DELHI . SCOPE conducts workshop on ‘GST: Issues & Implications’

14 . NEW DELHI. The PESB has recommended the name of Samuel Praveen Kumar for the post of Director (Marketing & Corporate Planning) of Central Warehousing Corporation (CWC) .

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Oil India launched flagship CSR initiative, Project ‘OIL ASHA’

Newsmantra — Wed, 11 Sep 2024 08:25:42 +0000

Oil India Limited (OIL) launched its flagship CSR initiative, Project ‘OIL ASHA,’ at Dr. B Barooah Cancer Institute (BBCI), Guwahati, to provide comprehensive nutritional support for children battling cancer at the region’s only paediatric oncology department. The project, launched during Childhood Cancer Awareness month, is a collaboration between Oil India Rural Development Society and Cuddles Foundation, demonstrating OIL’s commitment to healthcare and community welfare. The event was attended by key officials from OIL and BBCI, including OIL’s Resident Chief Executive Shri Rupjyoti Phukan and BBCI Director Dr. Bibhuti Bhushan Borthakur.

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