Pankaj Kumar has taken over charge of Director (Offshore) of Oil and Natural Gas Corporation (ONGC) on 4th September, 2021.
According to the company’s exchange filing, “Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Shri Pankaj Kumar (DIN:09252235), has been appointed as Director (Offshore) w.e.f. 04.09.2021 in terms of Letter No. CA-31011/1/2019-CAPNG dated 04.09.2021 issued by the Ministry of Petroleum and Natural Gas, Government of India.”
In his new role as Director (Offshore), Kumar is responsible for the entire gamut of Offshore Fields contributing around 70% of Oil and 78% of Natural Gas production of ONGC.
Kumar is a thorough Oil & Gas industry professional with more than 34 years of experience across ONGC’s business functions varying from Operations Management of Offshore and Onshore fields, Well Engineering, Joint Venture Management, Corporate Strategic Management and Asset Management. During this period he has held key positions as Chief of Corporate Strategy & Planning group of ONGC and Asset Manager of Cambay Asset and Ahmedabad Assets. Sustainable production enhancement from mature fields of Ahmedabad & Cambay is another testimony to his impeccable Asset & Project Management skills, the company said in its statement.
Kumar is known for his visionary approach and dynamic decision making with excellent performance records. During his stint in Joint Venture (JV) Operations Group, Kumar was instrumental in exceptional turnaround of CBOS/2 Offshore JV block by making it profitable with almost 100% increase in production and delivering complex offshore projects in Panna-Mukta & Tapti block, on-time and within allocated budget, it said.
Kumar’s immense contribution in formulation of ONGC’s Long Term Growth Strategy: Energy Strategy 2040 as Chief Corporate Strategy & Planning is remarkable. During his tenure as Asset Manager of the largest onshore Asset of ONGC at Ahmedabad, Country faced worst ever Pandemic and the lock down situation, it added.
He holds a Bachelor’s degree in Chemical Engineering from University of Roorkee (now IIT Roorkee) and Master’s degree in Process Engineering from IIT Delhi. He completed Advance Management Program at IIM, Bengaluru and Leadership Development Program at IIM, Calcutta.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.