Company Profile:
OIL INDIA LTD is primarily a PRODUCER/MANUFACTURER.
Company Introduction:
OIL INDIA LTD (OIL) is India's second-largest national upstream oil and gas company. It holds the prestigious "Navratna" status as a Public Sector Undertaking (PSU) under the administrative control of the Ministry of Petroleum and Natural Gas, Government of India.
The company's core business encompasses the entire value chain of hydrocarbon exploration and production, including the search for new oil and gas reserves, their development, and the eventual production of crude oil and natural gas. In addition to its upstream activities, OIL is also involved in the transportation of crude oil and the production of Liquefied Petroleum Gas (LPG).
Headquartered in Duliajan, Assam, OIL has significant operating areas primarily in the Northeast region of India, particularly in Assam and Arunachal Pradesh. The company has expanded its operations both domestically and internationally, holding participating interests in various oil and gas blocks across India and overseas.
OIL INDIA LTD plays a vital role in India's energy security by contributing substantially to the nation's indigenous crude oil and natural gas production. The company is also actively diversifying its energy portfolio by venturing into renewable energy projects, aligning with global energy transition efforts.