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ONGC to invest $7 bn to reverse dip in oil & gas production: Sushma Rawat

ONGC is keen to work with global majors as strategic partners in challenging areas, said Sushma Rawat, director (exploration) of the company

Subhomoy Bhattacharjee New Delhi

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4 min read Last Updated : May 14 2023 | 1:20 PM IST

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In the wake of ONGC discovering what it describes as “notable findings” of oil and gas recently, Sushma Rawat, director (exploration) of the company spoke with Business Standard on the company’s strategy, tie ups with global majors and other issues. Edited excerpts:

How did you get to these finds?

ONGC’s relentless pursuit of exploring untapped regions has yielded these finds. By diligently analysing geological data and employing advanced technologies, the company has successfully identified substantial oil and gas reserves, reaffirming the untapped potential within the OALP blocks. The discovery represents a momentous achievement, underscoring exploration and will expand domestic production to reduce India’s reliance on imported oil and gas.