Page 138 - January 2022 Issue
P. 138

Oil India




            Limited











                                                                                          Sushil Chandra Mishra
                                                                                                 CMD, OIL




                                                         il  India  Limited  (OIL)  is  a  fully  integrated  Exploration
                                                         &  Production  company  in  the  upstream  sector,  whose
                                                Oorigin dates back to the glorious year (1889) of oil discovery
                                                in India.


                                                It is a state-owned enterprise of the Government of India, under the
                                                administrative control of the Ministry of Petroleum and Natural Gas
                                                (MoPNG). A Navratna PSU, OIL is the second largest national oil and
                                                gas company in India. OIL has carved a niche as a leading national oil
                                                and gas company in the upstream sector with a legacy of hydrocarbon
                                                exploration for over five decades and having a share of about 8.8% of
                                                the country’s total crude oil production and Natural Gas production.


                                                Besides  having  a  Pan-India  presence,  OIL  has  considerable
            In order to secure Energy           International  presence  with  Participating  Interest  (PI)  in  blocks
            security for the nation,            present in over ten countries viz Libya, Gabon, Nigeria, Venezuela,
            OIL continued its                   USA,  Mozambique,  Russia,  Bangladesh  &  Israel  besides  a  product
                                                pipeline  at  Sudan.  The  Company  also  has  stakes  in  Numaligarh
            operations of hydrocarbon
                                                Refinery Limited and Brahmaputra Cracker and Polymer Limited.
            exploration, production
            and transportation with             As one of its strategic initiatives, OIL has selectively diversified into
            skeletal staff, strictly            the  Renewable  &  Alternate  Energy  sector.  OIL  has  installed  and

            following all the Govt.             commissioned Renewable Energy (RE) projects in the Wind and Solar
            Guidelines / Protocols              domains. Presently, the total RE capacity of OIL stands at 188.10 MW
            of Social distancing and            comprising 174.10 MW of Wind Energy projects and 14 MW of Solar
                                                Energy projects.
            sanitization during the
            times of lockdown and               Employees Strength
            reaching a higher level of          •  OIL’s Employee strength as on 01.05.2020 is as under:
            production compared to              •  Permanent: 6,658

            last financial year.                •  Contractual : 78


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