"The deer scent the wolves and stand silent and watchful.
They turn and leap off like ballerinas,
their plume-like tails raised in alarm." - Kathleen Valentine, Each Angel Burns: A Novel
Rajesh Kakkar takes charge as Director (Offshore), ONGC
Mr Kakkar has more than three and a half decades of experience in the various aspects of operations and management in both offshore and onshore fields.
Mr Kakkar played a key role in reversing the production trend at Western Offshore in 2015. He has been pioneer of “field-life-cycle maximization” to enhance production from the ageing fields. Through many brownfield as well as marginal field development, he has ensured incremental production of oil and gas.
He has held key positions in various high-level committees and task forces concerning oil & gas development projects. He played a pivotal role in ensuring health safety and environment as far as the offshore operations are concerned.
Mr Kakkar is well-known for his people management and interpersonal skills to foster team approach to the operations.
Mr Kakkar holds a Bachelors degree in Mechanical Engineering with Honors from Ravi Shankar University, Raipur. He completed Global Managers’ program at IIM, Kolkata and Leadership Development Program at IIM, Bangaluru. He was recognized as the “Young Executive of the Year” in 1991 and also received Chairman’s award in 1992 for “Consistent Performance in Offshore Production Operations”.
ONGC led Indian Consortium to acquire 10% stake
Thesynergyonline Corporate Bureau
ONGC led Indian Consortium to acquire 10% Stake in Lower Zakum Concession, Offshore Abu Dhabi
Sixty percent of the participating interest will be retained by ADNOC and the rest will be awarded to other international oil companies. Lower Zakum is one of three separate offshore concession areas that were formerly part of the ADMA offshore concession.
The Prime Minister Mr Narendra Modi said ,"The ADNOC offshore concession in favor of the Indian consortium has taken our bilateral engagement in the oil and gas sector to a new level, which befits the comprehensive strategic partnership between India and the UAE."
ADNOC Group’s CEO, Dr Sultan Ahmed Al Jaber stated that this strategic partnership with ONGC and other members of the consortium would help India meet its growing demand for energy and refined products, and create opportunities for ADNOC Group to increase its market share in a key growth market.
ONGC net profit up 15.2 %
The company's standaloneproduction registered upswing in 9 month period , natural gas up 7.7 per cent ; crude oil up 1.2 per cent and VAP up 4.9 per cent in FY'18 as against the corresponding period in FY'17.
The company notified 10 discoveries so far in FY'18.
Revenues from operation rose 14.9 pe rcent on a y-o- y basis to Rs 22,995 crore for the quarter ended December which was slightly higher than the CNBC-TV18 estimate of Rs 22,888 crore.
Earnings before interest, tax, depreciation, and amortisation rose 19.5 percent on a sequential basis to Rs10,919 crore for the quarter ended December 2017, compared to Rs9,136 crore reported in the previous quarter.
ONGC holds week long photo
Thesynergyonline Corporate Bureau
MUMBAI, FEBRUARY 02 :
Oil and Natural Gas Corporation ( ONGC) has organised a week long Photo Exhibition titled 'The Mangalajodi Inheritence' on birds and life around Chilika Lake in Mumbai from February 2, 2018 till February 8, 2018.
MRPL Q3 PAT up 71.07 % at Rs 970 crore
NEW DELHI, FEBRUARY 02 :
The company registered a profit-after-tax (PAT) of Rs 970 crore in the third quarter of 2017-18 as against Rs 567 crore in the corresponding period of 2016-17, growth of 71.07 per cent.
Throughput at the refinery stood at 4.49 million tonnes during the third quarter of 2017-18 against 4.35 mt during Q3 of 2016-17. Exports from the refinery stood at 1.71 mt (1.31 mt) during the period.
The company's turnover stood at Rs 17,417 crore (including exports of Rs 5,757 crore) during the third quarter of 2017-18 against Rs 15,740 crore (exports Rs 3,859 crore) in the corresponding quarter of 2016-17.
The company registered export turnover of Rs 5, 757 crore in the third quarter of financial year 2017-18 as against Rs 3,859 crore in the corresponding quarter of financial year 2016-17.
GAIL fast-tracks work to feed gas
The company places order of Rs. 440 crore for 350 km Vijaipur (UP) – Auraiya (MP) spurline
NEW DELHI, FEBRUARY 02 : GAIL (India) has placed order of Rs 440 crore for laying of approximately . 350 kms of pipeline from Vijaipur (in the state of Madhya Pradesh) to Auraiya (in the state of Uttar Pradesh). This is a part of the spurline of approx. 665 km length from Vijaipur to Phulpur (in the state of Uttar Pradesh) to the existing HVJ-DVPL upgradation pipeline system. The pipeline laying contracts for 315 km stretch from Auraiya to Phulpur was earlier awarded during November 2016.
The Vijaipur to Phulpur pipeline shall provide the gas feed to the ongoing prestigious 2655 Km long Jagdispur-Haldia-Bokaro-Dhamra pipeline (JHBDPL) project of GAIL, also known as the 'Pradhan Mantri Urja Ganga' project, inaugurated by Prime Minister of India in July 2015.
Mr B. C. Tripathi, CMD, GAIL (India) , said, "GAIL has awarded contracts of Rs 5400 crore in the current fiscal year which includes Rs 3500 crore for procurement of pipeline and Rs. 1900 crore for laying of pipes. GAIL has awarded till date contracts worth Rs 7500 crore for ongoing pipeline projects of around 4000 kms in south and eastern India. The two major ongoing projects i.e. Kochi-Kottanad-Mangalore project in Kerala and Karnataka state and JGBDPL projects are progressing well."
Mr Tripathi emphasized that "GAIL is committed to complete both the projects well within scheduled time and cost. The two projects will form a vital part of National Gas Grid and also provide huge employment opportunities. The pipe line will provide impetuous to economic development in the area.
Mr Tripathi outlined GAIL group's plan for CGD sector by stating that "GAIL along with its subsidiaries and JV's are fully geared up to fulfill Hon'ble Prime Minister's target of 1 crore PNG connections by 2020. Capex in the current fiscal year has increased by more than 50% in the CGD sector. In the current financial year 2017-18 GAIL along with its subsidiaries and JV's have issued Orders of Rs. 2200 crore for various city gas projects across the country. "
He further added that "All the Group companies have made detail plan for expansion of City gas infrastructure in coming years. Accordingly, the Boards of respective companies have approved Capex of Rs. 3500 crore for FY 2018-19. The outlay will be increased after PNGRB's IX & X bidding round for 142 new cities. The focus on CGD sector will help in curbing pollution by providing clean fuel to households, transportation sector, small industries and commercial establishment."
Subhash Kumar takes charge as
NEW DELHI, JANUARY 31 :
Mr Subhash Kumar has taken charge as Director (Finance), ONGC today. Mr Kumar was recommended to the position by Public Enterprise Selection Board (PESB) on October 26 , 2017 and has been appointed to the post by the President of India.
Prior to joining as Director (Finance), ONGC,Mr Kumar served a brief stint with Petronet LNG Limited where he joined as Director (Finance) in August 2017.
Mr Kumar joined ONGC in 1985 as Finance & Accounts Officer (F&AO). After initially working in Jammu and Dehradun, he had a long stint at ONGC Videsh, the overseas arm of ONGC. During his tenure with ONGC Videsh, Mr Kumar was associated with key acquisitions and expansion of company's footprint from single asset company in 2001 into a company with global presence in 17 countries with 37 assets. He played a key role in evaluation and acquisition of many Assets abroad by ONGC Videsh.
He worked as Head Business Development, Finance & Budget and also as Head Treasury Planning & Portfolio Management Group at ONGC Videsh from April 2010 to March 2015. He then went on to serve as Chief Financial Officer of Mansarovar Energy Colombia Limited, a 50:50 joint venture of ONGC Videsh and Sinopec of China, fromSeptember 2006 to March 2010.
Mr Kumar joined back ONGC as Chief Commercial & Head Treasury of ONGC in July, 2016 where he played a key role in evaluation, negotiation, and concluding outstanding issues pertaining to the organization.
GAIL commences construction work for West Bengal
Thesynergyonline Corporate Bureau
NEW DELHI,JANUARY 29 :
ONGC is set to become India's first fully vertically integrated Energy Company with presence across the entire hydrocarbon value chain
HPCL acquisition to make ONGC third largest
NEW DELHI, JANUARY 26 : The acquisition of 51.11 per cent equity share of Government of India in HPCL is slated to make ONGC the third largest refining power in India, said Mr D D Misra, Director (HR), ONGC during the Republic Day celebrations at ONGC Corporate Headquarters, Dehradun.
Mr Misra was speaking in the capacity of officiating CMD, in place of Mr Shashi Shanker, who is representing India as part of a high level delegation at the World Economic Forum in Davos. "We are geared up to contribute in achieving Hon'ble Prime Minister's vision of 10% reduction in energy imports by 2022", he said.
Besides, the company is also actively engaged in National Seismic Programme and Hydrocarbon assessment missions.
"We performed well during 2016-17 and are continuing with the same zeal in 2017-18", he said, adding that the company has done extremely well on onshore crude production as well as Natural Gas production. "Continuing with strong performance in first 9 months of this fiscal, our crude production is 16.892 MMT – 1.5% more than the previous period", he said.
Mr Misra also shared that the Natural Gas output in FY'17 also witnessed a growth of 4.29% at 22.09 BCM. "During first 9 months of this fiscal, Natural Gas production has been higher by 7.9 per cent as compared to same period in 2016-17", he added.
Over the past three years, ONGC's board has approved projects worth over Rs 78,000 crore that would lead to additional hydrocarbon output of over 180 MMToe.
The Republic Day was observed all across ONGC workcenters with homage paid to the five officers who recently lost their lives in a chopper accident in Mumbai offshore.
"In this hour of tragedy, while the loss is irreparable, the biggest tribute to these martyrs would be our firm resolve to go beyond the call of duty- always and every time", Mr Misra said. The Director HR also said that the ONGC management has initiated several actions to help their families cope with such a colossal loss.
ONGC promotes beekeeping in
JIM CORBETT , JANUARY 25 :
The first phase of the program will continue for 12 months involving around 40 families in five villages around the Jim Corbett National Park- Pawalgarh, Dhela, Amgadi, Kyari and Mankatpur.
The CSR project which is slated to transform into a major campaign to promote Bee-keeping, has been undertaken in memory of the five ONGC officers who recently lost their lives in the Mumbai High accident.
Inaugurating the project, Mr D D Misra, Director (HR), ONGC, said that bees are vital links of our ecosystem and therefore promoting apiculture is of huge importance for our environment. He also advised the project coordinators to involve women in a big way in this project by trying to have at least 50 per cent women as beneficiaries.
He further said that ONGC would help in providing vocational training for developing some women as tourist guides.
ONGC Director (Onshore) Mr V P Mahawar said that this project would promote skill development of the community members, especially the unemployed youth, in line with what the Hon’ble Prime Minister has envisioned.
The Beekeeping project was inaugurated by ONGC under its Corporate Social Responsibility (CSR), at Pawalgarh on 24 January 2018 in the presence of the ONGC Director (HR) Mr. D.D. Misra, Director (Onshore) Mr. V P Mahawar and CVO Dr A K Ambasht. The project is being implemented by Devalsari Society.
ONGC acquires 51.11% stake
NEW DELHI, JANUARY 20:
IndianOil enters into technology
IndianOil Chairman, Mr Sanjeev Singh, exchanged the agreements with Mr Daniel Carmon, Israeli Ambassador in India, in the presence of Prime Minister, Mr Narendra Modi, and the visiting Prime Minister of Israel, His Excellency Mr. Benjamin Netanyahu.
The Letter of Intent with Phinergy enables IndianOil to work on adoption of advanced energy systems for the Indian market for both mobility and stationary industrial applications. Going forward, this association could lead to the setting up of manufacturing units for these energy systems initially in India.
Similarly, the Letter of Intent signed with YEDA (Weizmann Institute) will pave the way for research collaboration between both the organisations for developing solar to green fuel technologies through concentrated solar thermal route.
IndianOil's R&D Centre, situated in Faridabad (Delhi-NCR), will spearhead the prospective research collaborations with these entities.
Gazprom Marketing & Trading Singapore , GAIL (India) strengthen partnership
Thesynergyonline Corporate Bureau
A long-term LNG Sale & Purchase Agreement building up to 2.5 MMTPA of LNG on DES (Discharge-ex-Ship) basis was executed by GAIL with Gazprom Marketing & Trading Singapore (GMTS) in the year 2012, the supplies under which are scheduled to start in Q2 2018.
The two parties have agreed to an adjustment to the price and volume of LNG supply thus enabling GAIL to develop incremental gas markets to offtake these volumes thereby mitigating volume risk.
Vitaly Vasiliev, CEO of Gazprom Marketing & Trading, said: “I am excited to announce that we agreed to deliver on our original promise and begin LNG supplies in 2018. We look forward to strengthening a mutually beneficial partnership with Gail going forward.”
Speaking on the development Mr B C Tripathi, Chairman and Managing Director, GAIL (India) said that “This agreement is a key mile stone affirming partnership of GAIL and Gazprom in developing LNG markets under Indo-Russia trade relationship.” This deal is a step for GAIL to diversify LNG portfolio by spreading price reference indices across multiple geographies so as to provide consumers greater flexibility in service.
The chapter of relationship between the two companies opens up exploration of further opportunities in portfolio optimization and LNG swap dealings for mutually beneficial outcomes.
The SPA signed in 2012 is a 20-year liquefied natural gas (LNG) sales and purchase agreement following the signing of an earlier Basic Framework Agreement (BFA) by the two companies on 18 May 2011.With start of the LNG supplies from USA and Gazprom in 2018, GAIL’s LNG portfolio would increase multi-fold bringing it in the league of some of the largest traders of LNG in the world.
GAIL Hawa Badlo movement to
Thesynergyonline Corporate BureauNEW DELHI, JANUARY 12 :
Hawa Badlo is a movement against Air Pollution support by GAIL (India)
which aims at reducing pollution levels & protecting the environment. It
aspires to transform India’s current air quality index and spread the
awakening in rest of the country.
Hawa Badlo movements objective is to create awareness about the
Hawa Badlo intends to connect with school students in India who are
Hawa Badlo has launched an online Hawa Badlo School Warrior contest
Category 1 - Short Film
imagination can create impactful short films on
Category 2 – Art Form
Hawa Badlo movement is also a step towards building a sustainable environment for India and creating a meaningful difference. Hawa Badlo connects with the citizens to a single platform and protects human health and country from the effects of Air Pollution. GAIL India Ltd plans to support Hawa Badlo movement and empower the idea till it becomes a national movement.
ONGC Solar Chulha Campaign : A Step towards Clean Household Cooking
Thesynergyonline Corporate Bureau
NEW DELHI, JANUARY 08 : Oil and Natural Gas Corporation (ONGC) has embarked on an ambitious project on innovation towards making an "Efficient Electric Chulha (Stove)", in order to live up to the clarion call given by Hon'ble Prime Minister of India, Mr Narendra Modi to touch lives far and wide.
ONGC launched a nationwide campaign to seek innovative solutions for the development of Solar Chulha.
An overwhelming response with more than 1500 entries was received by ONGC in the duration of the campaign. An Expert Panel comprising of eminent scientists and chaired by Dr. Anil Kakodkar, Former Chairman, Atomic Energy Commission met on 6th Jan 2018 at Mumbai to deliberate upon the proposals.
"There is nothing in which the birds differ more from man than the way in which they can build and yet leave a landscape as it was before."
Dharmendra Pradhan inaugurates symposium and photo exhibition on Chilika
The objective of the symposium and photo exhibition is to bring together opinions of experts from diverse fields to strategise a way forward towards Chilika - The largest brackish water lake - to obtain heritage status from UNESCO.
Mr Dharmendra Pradhan- Hon'ble Minister of Petroleum & Natural Gas, Skill Development & Entrepreneurship, accompanied by Mr Kenji Hiramatsu -Japanese Ambassador to India, Mr Shashi Shanker- CMD ONGC, Mr Narendra Verma- MD ONGC Videsh and Shri D D Misra - Director (HR), ONGC at the photo exhibition by Avinash Khemka, noted wildlife photographer.
Mr Pradhan highlighted that the Chilika ecosystem is an integral part of the Odia psyche, history and culture and therefore its preservation is crucial. "Chilika has immense potential to be developed as an eco-tourism destination.
ONGC has shown great passion in taking up the project for conservation and holistic development of Chilika, and for accordance of status of UNESCO 'World Heritage Site' for Chilika Lake. It is a commendable initiative", he said.
"India is committed to fulfill its responsibilities towards lowering carbon footprint under the leadership of Mr Narendra Modi, Prime Minister of India, by building an ecological economy to ensure sustainable development", he said. The minister appreciated the public sector oil companies for playing a stellar role to accomplish this objective. From environment protection to focus on bio-fuels and 2nd Gen ethanol fuel, many initiatives have been taken.
Mr Shashi Shanker, CMD, ONGC said that ONGC has taken many inititatives towards environment conservation such as plantation of Ringal Bamboos in Himalayas, Mangrove plantation on the western coast, and many heritage conservation projects.
The project at Chilika is one such intervention. "Our CSR footprint extends from beaches of Rameshwaram to the peaks of the Himalayas"- he said, adding that in the coming days, ONGC is planning to take up skill development and all round development of infrastructure in areas around Chilika and make Chilika a World Heritage site.
Mr D D Misra, Director (HR) ONGC reiterated ONGC's commitment towards environment and heritage conservation. Shri Misra said that ONGC and UNESCO have agreed to launch a conservation linked sustainable development initiative in Chilika with aim to monitor climate change, observe bird migration patterns, map local ecology and engage in fishery studies.
"ONGC is aware that conservation efforts at Chilika require the involvement of the people of Mangalajodi. Through our CSR programme, we soon propose to undertake Projects at Mangalajodi to create a sustainable model of development", he said.
Mr Sanjeev Sarangi, Founder of Indian Grameen Services (IGS) was felicitated for creating a sustainable eco-tourism model that has already created meaningful impact.
The IGS has embarked upon a strategy that synergized capacity building of local communities. Ecotourism is used by IGS as the main vehicle for enabling livelihoods through Mangalajodi Ecotourism Trust (MET). Over 200 families have now been trained successfully to operate ecotourism services in Mangalajodi.
ONGC and UNESCO have jointly conducted survey to bring Chilika on the World Heritage map and giving global recognition to Mangalajodi for conservation measures. A tripartite agreement between ONGC, Govt. of Odisha and UNESCO is in the process of finalisation. UNESCO has assured all support towards this objective. ONGC has also charted out a systematic plan for development of Mangalajodi village in Chilika through CSR activities.
Mangalajodi is a 10 sqkm wetland lying on the north eastern fringe of Chilika. This freshwater zone hosts more than three lakhs migratory birds between November and March each year.
Based on criticalities, CSR interventions by ONGC is underway in Mangalajodi. These include installation of solar lights, provision of boats and construction Individual household toilets. Other projects planned are training programmes on tour and travel management, local health centre, Mobile Medicare Unit, provision of potable water, infrastructure support to schools, construction of Community hall and connecting villagers with Pradhanmantri Ujjwala Yojana.
Mangalajodi is symbolic of the immense potential of Chilika to grow as a prominent eco tourism destination. The Chilika eco system needs to be safeguarded and nurtured, not only for its unique biodiversity but also for its antiquity, culture and heritage.
"A traditionalist's values are gleaned from all that is good in the past."
ONGC to organize symposium , photo exhibition in Delhi on Chilika
Oil and Natural Gas Corporation (ONGC) is organizing a symposium and photo-exhibition titled "The Mangalajodi Inheritance" at New Delhi on January 6, 2018, in association with The Bhubaneswar Bird Walks (TBBW). The objective of the symposium is to promote the cause of the largest brackish water lake to obtain heritage status from UNESCO.
Mr Dharmendra Pradhan, Minister for Petroleum and Natural Gas, Skill Development and Entrepreneurship, Govt. of India will inaugurate the event.
ONGC has embarked on an ambitious project for conservation and holistic development of Chilika Lake area in Odisha, and for accordance of status of UNESCO "World Heritage Site" for Chilika Lake, in line with its commitment towards environment conservation and heritage protection. Mr Pradhan has taken the noble initiative to reach a tripartite agreement between ONGC, Govt. of Odisha and UNESCO.
UNESCO has assured all support towards this objective. ONGC has also charted out a systematic plan for development of Mangalajodi village in Chilika through CSR activities.
The objective of this symposium by ONGC and TBBW is to bring together experts and enthusiasts from the fields of conservation, eco-tourism, ornithology, diplomatic corps, media, NGO's, officials from various ministries of Govt. of India, and other related fields, in order to chart out a future course of action for the preservation and development of this rich wetland heritage of Odisha.
The Bhubaneswar Bird Walks is an NGO committed to documentation and conservation of avifauna in Odisha. Founder of TBBW, Panchami Manoo Ukil has been a part of the facilitation process of ONGC's CSR work in Mangalajodi.
Eminent environment conservationists, diplomats from various countries, UN officials, Ministry officials, ONGC top management including CMD ONGC and Director (HR), ONGC as well as various NGOs working in the field of environment protection shall be present at the symposium and photo-exhibition.
GAIL commissions rooftop solar PV at Petrochemical Complex, PATA (UP)
H.L.Arora takes over as Director
He has played a key role in diversification of business portfolio of THDC into renewable energy in implementation of Patan and Dwarka Project in record time. Prior to Joining, THDC, he has worked in National Projects Construction Corporation Ltd(NPCC). He was instrumental in timely completion of cooling towers at Balco Captive Power Plant Korba.
He attended international seminar at Denver (USA) on Dam Safety Evaluation & imparted with exhaustive training in Design of dam and Power House Civil Works by Hydro Project Institute(HPI), Moscow. He has also visited large hydro projects such as Hoover Dam, Grand Coulee Damsand Volgograd Hydro Electric Project.
Mr Arora has keen interest in skill enhancement of employees and imparting knowledge and experiences and associated with various educational and professional institutions of country viz. IITs. CEA, CWC and PMI etc. on various issues pertaining to Power Sector, Hydro Power, River Basin Planning, Disaster Management, Dam Safety etc.
The Paralympic Games actually turned my whole mentality around about disability. When you're in the Paralympic athletes' village and there are 4,000 disabled people, you stop seeing disability. Totally. Lee Pearson
ONGC paralympic games reaffirms its commitment as equal opportunity employer
ONGC Para Games, which kick-started on December 19, will be a regular Annual feature
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