Mr Shashi Shanker will take charge as ONGC CMD from 1st October 2017. Mr  Shanker will take over the reins of ONGC from Mr Dinesh K Sarraf, who  superannuates from service on 30.09.2017.

Mr Shanker is  an industry veteran with over 30 years of experience in diverse E&P  activities. He is a Petroleum Engineer from Indian School of Mines (ISM),  Dhanbad. He also holds an MBA degree with specialisation in Finance. He has  also received executive education from prestigious Indian Institute of  Management, Lucknow and Indian School of Business, Hyderabad.

Prior to his  appointment as Director (T&FS) in 2012, he has progressed through senior  management roles in various work-centers including Institute of Drilling  Technology, Dehradun; West Bengal Project; Assam Project and Deep Water group  at Mumbai. He was acclaimed for his performance in spearheading the  deep/ultra-deep water campaign of ONGC which was christened ‘Sagar  Samriddhhi’.

Under his  leadership, ONGC drilled the deepest deep-water well covering a water depth of  3174m, a world record. He also led the team to one of the finest Drilling  performance in FY’17 when ONGC set a new record of drilling over 500 wells in  2016-17. This is the first time in 23 years that ONGC has crossed the 500-well  mark.

Shri Shanker is  also the Director (In-charge) for ONGC Tripura Power Company (OTPC) and North  East Transmission Company Ltd (NETC) besides being on the Board of ONGC  Videsh. He is also the Director (In-charge) and Member of the High Powered  Steering Committee for Government’s flagship initiative ’Make-in-India’. His  vision and dynamic attributes have helped in making numerous operational and  policy initiatives and steering the company through many milestones.

Issued By:
Oil and Natural Gas Corporation Ltd
Corporate Communications, New Delhi