#ONGC declares #Q2 FY’27 results, delivering a record financial performance with its highest-ever H1 standalone net #Profit of ₹32,522 crore, up 82% YoY, and announcing its highest-ever interim #Dividend payout of ₹10,064 crore.
• Standalone Revenue: ₹43,875 crore, up 32.8%
• Standalone Net Profit: ₹15,489 crore, up 57.3%
• Consolidated Net Profit: ₹18,535 crore, up 46.9%
• Interim Dividend: ₹8/share (160%), with a record ₹10,064 crore payout
@PetroleumMin@HardeepSPuri@OfficeofHSP@TheSureshGopi@Secretary_MoPNG@neerajmittalias
#EnergyNowAndNext #YouAreEnergy
Landmark decisions taken by the Union Cabinet under the leadership and guidance of PM Sh @narendramodi Ji.
🔸Development of Yuge Yugeen Bharat Museum at North and South Block Complex in New Delhi to showcase continuity & diversity of Bharat’s civilizational heritage and cultural legacy.
🔸Extension of the Aqua Line Metro Corridor from Noida Sector-51 to Greater Noida Sector-4, covering 8.449 km with 5 stations. Upon operationalization, Noida and Greater Noida will have a combined 71.878 km of active #Metro Rail Network.
🔸Continuation of the Stand-Up India Scheme for five years, up to 31 March 2031 to extend financial assistance to an additional 2.5 lakh entrepreneurs over the next five years.
🔸Continuation of the Credit Guarantee Fund for Micro Units (CGFMU) for five years, up to 31st March 2031 to enable loans worth ₹12.6 lakh crore over the next five years.
#CabinetDecisions
देवभूमि उत्तराखण्ड के स्थापना दिवस पर समस्त प्रदेशवासियों को हार्दिक बधाई एवं शुभकामनाएँ।
PM @narendramodi जी के मार्गदर्शन और CM @pushkardhami जी के नेतृत्व में उत्तराखण्ड विकास, पर्यटन, आधारभूत सुविधाओं और जनकल्याण के क्षेत्र में नई ऊँचाइयाँ छू रहा है।
बाबा केदारनाथ जी से प्रार्थना है कि यह राज्य निरंतर प्रगति और समृद्धि के पथ पर आगे बढ़ता रहे तथा प्रत्येक प्रदेशवासी का जीवन सुख, शांति और खुशहाली से परिपूर्ण रहे।
#ONGC proudly celebrates the extraordinary journey of Shri Amit Balwantray Desai, Executive Director & Chief Corporate Drilling Services, as he marks his superannuation, a milestone that signifies the culmination of a legacy built on drilling excellence, technological innovation, digital transformation, and unwavering commitment to India's energy security.
A Mechanical Engineer with an MBA in Finance, Shri Desai joined ONGC in 1990, embarking on a distinguished career that would take him from the demanding rig floors of India's onshore fields to the strategic leadership of ONGC's corporate drilling operations. His journey across Dehradun, Ankleshwar, Sivasagar, Mumbai, and Jorhat reflects more than three and a half decades of technical expertise, operational resilience, and visionary leadership.
Beginning his career in Ankleshwar, Shri Desai contributed to the development of the Gandhar Asset through critical drilling programmes before moving to Sivasagar, Assam, where he strengthened drilling operations, resource planning, procurement, and the adoption of emerging drilling technologies. These formative assignments laid the foundation for a career defined by his ability to combine practical field knowledge with technological foresight.
A defining chapter unfolded in Mumbai Offshore, where he spent over 17 years advancing ONGC's capabilities in directional, horizontal, and Extended Reach Drilling (ERD). He championed sophisticated technologies, including Rotary Steerable Systems, expandable liners, multilateral drilling, and advanced well-completion techniques. His leadership was instrumental in the successful execution of ONGC's first offshore Underbalanced Drilling (UBD) projects in the Neelam-Heera and Mumbai High fields, contributing to sustainable production enhancement through technically complex and cost-efficient interventions.
As Head – Drilling Services, Jorhat, Shri Desai demonstrated exceptional operational leadership, steering a remarkable increase in production from approximately 330 MT/day to 650 MT/day, supported by the expansion of drilling activity from five to eleven wells. By introducing cluster drilling, innovative sidetracking solutions, and improved resource planning, he helped overcome environmental and logistical constraints while achieving notable milestones, including rig building in just 3.94 days.
Returning to Mumbai as Head – Hi-Tech Drilling, and subsequently serving as Chief Drilling Services – Shallow Waters, he continued to advance specialised drilling technologies and operational efficiency across ONGC's offshore assets. His leadership combined technical innovation with disciplined execution, strengthened contract management, and a sustained focus on safety and performance.
Perhaps one of his most enduring contributions has been his pioneering role in digitising ONGC's drilling ecosystem. From introducing digital well-planning software and developing Real-Time Data Monitoring and Analytics (RTDMA) platforms to spearheading the organisation-wide implementation of the Well Information System (WIS), Shri Desai helped transform how drilling operations are planned, monitored, analysed, and optimised. His vision of "One Company, One Logic" championed standardised reporting, integrated data systems, and informed decision-making across Drilling and Well Services.
His emphasis on analytics-driven operational excellence translated into measurable improvements, including a reported 5–6% reduction in diesel consumption across shallow-water jack-up rigs, approximately 15% year-on-year inventory reduction for two consecutive years, and significant rationalisation of long-pending inventories. Through strengthened performance monitoring, centralised well planning, vendor service-quality reviews, and KPI-based contract management, he helped institutionalise a culture of efficiency, accountability, and continuous improvement.
In the final chapter of his distinguished career, as Chief Corporate Drilling Services, Shri Desai brought together decades of field experience, technological insight, and strategic foresight to strengthen ONGC's drilling capabilities. His leadership reflected a conviction that the future of drilling lies in combining engineering expertise with digital intelligence, operational discipline, and collaborative execution.
From pioneering advanced drilling technologies to building integrated digital platforms, from enhancing production in challenging fields to strengthening enterprise-wide operational systems, Shri Desai was never merely managing drilling operations, he was shaping how ONGC drills, innovates, and prepares for the future.
With every well engineered, every technological frontier advanced, every digital system institutionalised, and every team empowered, Shri Amit Balwantray Desai leaves behind an imprint that extends far beyond designation. His legacy is one of innovation, technical excellence, transformational leadership, and enduring service to India's energy mission.
Once an #ONGCian, always an ONGCian.
#EnergyNowAndNext #YouAreEnergy
@PetroleumMin | @HardeepSPuri | @OfficeofHSP | @TheSureshGopi | @Secretary_MoPNG | @neerajmittalias
Designing today. Building for tomorrow.
#ONGC invites Expressions of Interest (EOI) from qualified and experienced Architectural & Cost Consultancy Agencies for empanelment to support infrastructure development across its work centres.
From architectural planning and engineering design to cost estimation, tendering and project completion support, this initiative seeks to bring together expertise to deliver efficient, sustainable and cost-effective infrastructure solutions.
Key Details:
EOI Reference: ONGC/INFRA/EOI/2026/02
Pre-Submission Meeting: 16 November 2026 | 11:00 AM onwards (Physical/Online)
Venue: Deendayal Urja Bhawan, Vasant Kunj, New Delhi
Last Date for Submission: 25 November 2026
Submit EOIs to: [email protected] / [email protected]
Eligible agencies are invited to contribute their expertise towards shaping ONGC's infrastructure for the future.
#EnergyNowAndNext #YouAreEnergy
@PetroleumMin | @HardeepSPuri | @OfficeofHSP | @TheSureshGopi | @Secretary_MoPNG | @neerajmittalias
New light. New energy. New possibilities. 🪔
This Diwali, we celebrate the spirit of innovation, the strength of collaboration and the optimism that drives progress.
May the festival of lights bring prosperity, fresh perspectives and brighter beginnings to all.
India Energy Week wishes everyone a joyous and prosperous Diwali!
Follow India Energy Week as we look ahead to an exciting 2027 edition.
India Energy Week 2027
28-31 January 2027, Kolkata
#HappyDiwali #Diwali #Deepavali #IndiaEnergyWeek #IEW2027