Oil India Board in its 522nd Board Meeting held on 21st June, 2021 approved the Q4 and FY 2020-21 results. Highlights and financial performance of the Q4 and FY 2020-21 are as follows: Highlights: The Company has reported significant increase
Duliajan, 01stJune 2021:As India faces an escalating surge of Covid-19 cases across the country in its second wave of infections, OIL India Hospital continues to play a proactive role in tackling the crisis.While ensuring continuous supply of energy to the
Duliajan, Monday 5, 2021:As part of its CSR initiative towards promotion of sports, Oil India Ltd has committed to support a grassroots volleyball development program in partnership with Assam Volleyball Mission 100 (AVM100). AVM100 is a registered public charitable Trust
Oil India Limited (the “OIL”), the National Oil Company of India, announces that Mozambique Rovuma Offshore Area-1 Project (the “Project”) has satisfied all the conditions precedent for the first debt drawdown of the project financing, which wasfinalized by the Project
Oil India Limited (OIL) in consortium with Engineers India Limited (EIL) has decided to bid for acquiring 61.65% stake of Bharat Petroleum Corporation Limited(BPCL) in Numaligarh Refinery Limited (NRL). The bid is to be submitted through a formal process. The
The first edition of ‘Upstream Ahead – Oil & Gas Exploration & Production – Towards Vision 2050’ summit was held on February 11-12, 2021, under the aegis of MoPNG and DGH, providing a platform for all key stakeholders to come
Oil India Limited (OIL), India’s second largest National Exploration & Production Company, in its 519thBoard Meeting held on 11thFebruary, 2021 approved the Q3 and 9 M FY 2020-21 results. Details of Q3 and 9M FY 2020-21 results are as follows:
Duliajan, February 3rd, 2021:Oil India Limited (OIL), India’s second largest National Exploration & Production Company, adopts ITI, Lahowal as a centre of excellence under OIL’s CSR. MoU between OIL and Directorate of Employment & Craftsmen Training (DECT), Assam Government was
As directed by Petroleum Conservation Research Association (PCRA), Ministry of Petroleum & Natural Gas, Govt. of India, SAKSHAM 2021 was inaugurated today in OIL’s Pipeline Headquarters, Narengi amidst pledge taking, playing of the SAKSHAM 2021 speech by Shri Dharmendra Pradhan
Guwahati, Dec 26 The state-owned OIL has launched ‘OIL Shakti’, a society-based sanitary napkin production and marketing unit in Assam, to promote the menstrual health and hygiene management among women of vulnerable communities so as to reduce maternal and infant
New Delhi, Dec 24 Oil sector public sector undertakings (PSUs) may have to bear a larger share of additional dividend payment to the government this year with almost all companies falling behind on their capex plan for the current fiscal.
On 18th December, 2020, the Memorandum of Understanding (MoU) between OIL INDIA LIMITED (OIL) & NUMALIGARH REFINERY LIMITED (NRL) was signed to augment OIL’s existing pumping capacity through Numaligarh Siliguri Pipeline to increase product (Motor Spirit, High Speed Diesel and Superior Kerosene
Guwahati, Nov 16 After nearly six months, state-owned Oil India Ltd’s (OIL) blowout well in Assam’s Tinsukia district has been successfully “killed” and the 160-day-long fire there was doused completely on Sunday, officials said. “The well has been killed with
New Delhi, Nov 9 State-owned oil and gas explorer Oil India Ltd (OIL) on Monday reported a net profit of Rs 238.95 crore during Q2 of FY21 202 as against the reported net loss of Rs 248.61 crore during Q1
Well Control Operation: The snubbing unit which has been brought from Calgary, Canada reached Baghjan well site yesterday evening. With all equipment and accessories related to Snubbing Operation in place at site, arrangement for placing snubbing unit is in progress. It
New Delhi, Oct 7 In a big reform initiative, the government on Wednesday decided to put domestically produced gas under a standard price discovery mechanism to help scale up local production from fields of ONGC, OIL, Reliance and Vedanta and
Fiscal 2019-20- a year of achievements as well as significant challenges for the Company Reported Revenue of Rs. 13,649 crores and profit after tax of Rs. 2,584 crores. Annual domestic production of crude oil was 3.133 MMT and domestic natural
Guwahati, Sep 18 The villagers affected by the more than three-month-long raging fire and gas leakage from an oil well of the state-owned Oil India Limited (OIL) field at Baghjan in eastern Assam, on Thursday launched a road blockade demanding
Well Control Operation: Heat shields installed over BOP stack to protect from excessive heat. Repairing/modification job of damaged casing head housing is in progress. Once the modification arrangement is completed, cement dumping to casing annulus will be carried out. All
Preparation for Capping the Well:After yesterday’s successful capping operation, all arrangement for carrying out well killing operation like connections of kill lines and choke manifold lines have been completed. Final killing operation (pumping in mud with high pressure into the
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