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ONGC is the largest oil and gas company in India
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Yogender Malik
8 January 2024
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ONGC aims to speed up upstream push

Exploration director says firm is looking at under-explored basins to maximise hunt for oil amid maturing fields, volatile prices and climate pressures

Oil and Natural Gas Corporation (ONGC) is the largest oil and gas company in India, contributing around 71% to domestic hydrocarbons production. Sushma Rawat, ONGC's director of exploration, spoke to Petroleum Economist about India's promising—but challenging—frontier basins and the company’s five-year plan to maximize its deepwater dive. ONGC has plans to increase its exploration acreage under its Future Exploration Strategy. Can you provide more detail on this? Sushma Rawat, ONGC's director of exploration Rawat: The company has set an ambitious target of expanding its exploration acreage portfolio to around 500,000km² by 2025 und

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