Oil India Limited celebrates 73rd Republic Day

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Oil India Limited (OIL)
Oil India Limited (OIL)

Oil India Limited (OIL), India’s second largest National Exploration & Production Company, celebrated India’s73rdRepublic Day with patriotic fervourat its corporateoffice in Noida.Shri Sushil Chandra Mishra, Chairman and Managing Directorunfurled the National Flagin presence of Shri Harish Madhav, Director (Finance) & Director (HR) – additional charge, Shri Pankaj Kumar Goswami, Director (Operations) and other senior officials of OIL.

Shri Mishra,in his address applauded Oil Indians for carrying out their duties diligentlyduring the covid pandemicto meet the energy needs of the country. He further appreciated the efforts of employees in completing some of the major infrastructure projects during this period. Shri Mishra mentioned that the company has set a target to increase its crude oil production to 4 MMT and natural gas production to 12 MMSCMD by 2024-25. In order to achieve these targets, the company needs a centralised and committed vision, he said.

The Chairman and Managing Director said that the company isvery soon going to spud the first well in its OALP blocks. There are possibilities of major discoveries from its OALP blocks, which will provide new opportunities for development. Further, the company has started two new infrastructural projects of capacity expansion of Numaligarh-Siliguri pipeline and construction of field gas gathering station at Baghjan, he said. At the end, Shri Mishra requested Oil Indians to work shoulder to shoulder to steer ahead the company to newer heights.

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