Oil India Limited (OIL) is an epitome of growth in the Indian petroleum industry. From the Digboi oil discovery in 1889 to a fully integrated upstream company, OIL has come a long way and has set a high professional benchmark.

OIL is involved in the business of exploration and production of crude oil and natural gas, transportation of crude oil and production of LPG. This 60-year-old firm is the second largest E&P company in India and is classified as a Navratna Company. OIL is a workforce of 7000 experienced employees who are constantly serving the needs of the company. With the vision to be "the fastest growing energy company with a global presence providing value to the stakeholders", OIL continues to move forward.

 




    Our History

1959

Incorporation

1961

Became a JV between Indian Government and Burmah Oil Company Limited, UK

1981

A wholly-owned GOI enterprise

2009

Overwhelming response in its maiden public issue

2015

Public Sector Enterprise Excellence Award

2017

Ranked 20th in the listing of Best Employer Brand in India

    Company in Numbers

Number of Fields

35

Revenue

12,128.52 cr

Total asset value

23302.26 cr

Cash Reserve

119.55 cr

Production volume

3.394 MMT

No. of employees

7,097

    Achievements

  • 2015

    The Petrofed Exploration and Production - Company of the Year Award


    Ambition

  •  Oil India is the fastest growing Energy Company with the highest profitability.

  • Oil India delights the customers with quality products and services at competitive prices.

  • Oil India is a Learning Organization, nurturing initiatives, innovations and aspirations with best practices.

    Projects

upstream

Niobrara Shale Asset

Status: ongoing

United States,
upstream

Project Carabobo-1

Status: ongoing

Venezuela,
upstream

Block 82

Status: ongoing

Yemen,
upstream

Nomination ML9(s)/PEL(s), JVC Blocks, OIL as Operator

Status: ongoing

India,
upstream

Block(s) M-4 and YEB

Status: ongoing

Myanmar [Burma],

    Key People

Shri Biswajit Roy
Director (Human Resources & Business Development)

Dr. P. Chandrasekaran
Director (Exploration & Development)

Shri Harish Madhav
Director (Finance)

Shri Pankaj Kumar Goswami
Director (Operations)

Shri Sushil Chandra Mishra
Chairman & Managing Director

    Corporate Social responsibility

With its meticulous CSR strategy, OIL has successfully achieved a fine balance of economic, environmental and social imperatives. The activities have been aligned with the goal of sustainable development. The prime idea embraced here is that to establish a firm’s sustainability, there must be sound financial security with reduced negative environmental impacts in consonance with societal expectations.

CSR Expenditure on OIL

Swachh Bharat Mission of OIL

CSR @OIL

    Work Culture

OIL considers its employees an asset to the company. The firm believes that work culture is one of the standing pillars to its being. That is why OIL follows an integrated approach to enable its employees to manage their growth in the firm and endeavour for excellence. Through nurturing initiatives, innovations, and aspirations, OIL, by the means of best HR practices and commitment has been striving and working towards fostering a positive employee-organization relationship.

  • OIL is the second largest E&P company in India and has the manpower of 6,955 who work for the energy security of the nation.

  • Apart from the growth-oriented environment, the company offers highly competitive pay with attractive benefits.

    Safety Culture

“All injuries and accidents are preventable”

  • OIL is deeply committed to the preservation of the environment and ecology, sustainable development and enrichment of the quality of life of employees, customers and the community around its operational areas.

  • In line with the norms of MoEF, the State pollution control boards, OISD & DGMS guidelines/ regulations etc. all possible measures are adopted for the protection of the environment, without compromising on the safety of people as well as installations.

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