ONGC CMD Mr Sudhir Vasudeva and Former ONGC Chairmen Col S P Wahi and Mr B C Bora were conferred the Energy and Environment Foundation Global Excellence Awards – 2014 in the Petroleum Sector.
The Award was conferred at the 3rd World Petrocoal Congress held at New Delhi on February 15, 2014.
Mr T K Sengupta, Director (Offshore), ONGC, received the award on behalf of the CMD, who was abroad furthering ONGC’s strategic interests.
The award is yet another testimony to the dynamic leadership skills of Mr Vasudeva.
Mr T K Sengupta, Director (Offshore) ONGC [third from left] receiving the award on behalf of CMD
Mr Vasudeva has been instrumental in projecting ONGC further in the integrated energy space through structured production initiatives in small & marginal fields, improving recovery factors through IOR/EOR methods, downstream value additions including commissioning of OTPC, new discoveries and fast track development; apart from sourcing equity oil from abroad, leveraging state-of-the-art technology and global best practices to tap new sources of energy and bringing in structural initiatives to tap non-conventional energy sources.
It has been under Mr Vasudeva’s stewardship that the entire organization is unifying to implement Perspective Plan 2030 as a road map of growth over the next two decades wherein it aims to double ONGC production to a rate of 4 to 5 % against the present 2% growth rate.
(Left) Col S P Wahi being felicitated for his contribution; (Right) Mr B C Bora being awarded
Four of the 7 awardees at the Petrocoal Congress were current or former ONGCians. Dr C R Prasad, who was the former Regional Director of ONGC was also conferred the Excellence award for his contributions to the Gas Sector.