Oil India Limited holds its 60th Annual General Meeting at Headquarters in Duliajan Assam

New Delhi. Oil India Limited (OIL), country’s second largest National ‘Navratna’ E&P Company, in terms of total proved plus probable oil and natural gas reserves, held its 60th Annual General Body meeting at its Field Headquarters in Duliajan, Assam, today.

 

In his address to the shareholders, Chairman and Managing Director, Shri Utpal Bora mentioned that on February 18, 2019, OIL completed 60 years of its establishment. 

 

During these illustrious 60 years, the Company’s crude oil production increased from 0.215 MMT to 3.323 MMT while natural gas production increased from 43.60 MMSCM to 2865 MMSCM. Besides increase in production, the company achieved many other milestones in all facets of its operations like, acquisition of new oil & gas blocks, increase in acreages, geographical expansion in India and abroad, business diversification into Renewable Energy, City Gas Distribution etc. 

 

It is therefore a matter of pride for all in being associated with this premier national oil Company.