Chairman Dr Ranjit Rath highlights OIL’s strategy to position company as leading operator
New Delhi: Oil India Limited Chairman and Managing Director Dr Ranjit Rath highlights some key points at today's press meet:
The press meet was graced by Dr. Ranjit Rath CMD, Ashok Das, Director (HR), Pankaj Kumar Goswami Director (Operations), Harish Madhav Director (Finance), Dr. Manas Kumar Sharma, Director (Exploration and development).
Read Also : Adani's Vizhinjam Port Got Approved as India's First Transshipment HubThe major key points he discussed:
1. Important milestones, plans, and journey of growth in Oil and gas production.
2. Performance and finances of the company. OIL registered the highest-ever standalone profit after tax in FY 2022-23 at Rs 6,810 Crore, a growth of 75.20%.
3. OIL's road story and success stories, engaging in exploration, steps towards hydrocarbon.
4. OIL made a hydrocarbon discovery in FY 2022-23 in the Sesabil Area of the Assam Shelf Basin.
5. OIL has a 2P reserve in domestic assets and overseas assets.
6. Ambitious target of transforming itself to a net zero emission.
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