Oil India Limited
| Primary URL | Location | Industry | www[.]oilindia[.]com |
Country
India
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Energy
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Profile
Oil India Limited is a public sector undertaking that focuses on the exploration, production, and transportation of crude oil and natural gas. The company carries out drilling operations, develops oil and gas fields, and manages pipeline networks to move hydrocarbons from production sites to refineries and markets. Its activities span the full upstream value chain, from seismic surveys and well drilling to field processing and sales of crude oil and natural gas. Oil India also engages in ancillary services such as well logging, workover operations, and the maintenance of surface facilities to ensure continuous production.
The organization’s operational footprint is concentrated in the northeastern part of India, with major producing fields located in Assam and Arunachal Pradesh. In addition to its onshore assets, Oil India holds interests in offshore blocks and has expanded its presence to other states such as Rajasthan through joint ventures and exploration licences. The company’s reach extends beyond domestic borders, as it participates in international projects through subsidiaries and joint ventures that pursue exploration and production opportunities abroad. This geographic diversification helps balance its portfolio and reduces reliance on any single region.
A distinguishing attribute of Oil India Limited is its status as a Navratna public sector enterprise, granting it greater financial and operational autonomy under the Government of India’s Ministry of Petroleum and Natural Gas. The company is recognized for its technical expertise in handling complex reservoirs, particularly those characterized by high pressure and high temperature conditions prevalent in the Assam‑Arakan basin. Its long‑standing experience in mature field management and enhanced oil recovery techniques contributes to its reputation as a reliable supplier of domestic hydrocarbons. Furthermore, Oil India maintains a strong emphasis on safety and environmental stewardship, integrating industry best practices into its operational protocols.
Structurally, Oil India Limited is wholly owned by the President of India, acting through the Ministry of Petroleum and Natural Gas, and therefore functions as a central public sector undertaking. The company has established subsidiaries such as Oil India International Limited to manage overseas investments and joint ventures, while also holding equity in various consortia for specific exploration blocks. Its shares are listed on the National Stock Exchange and the Bombay Stock Exchange, providing a layer of public accountability alongside its government ownership. This ownership model enables Oil India to pursue both national energy security objectives and commercial growth opportunities.
