In recognition of its efforts to ensure energy security of the nation, ONGC has been conferred with the Oil and Gas Exploration – Company of the Year Award at the FIPI Awards 2021. The award recognizes the excellence and innovation of ONGC in pioneering exploration activities in India and abroad to fuel the nation’s growing energy appetite. The award was bestowed by Minister of Petroleum & Natural Gas and Housing and Urban Affairs Hardeep Singh Puri. It was received by Executive Committee members of ONGC led by CMD Subhash Kumar and consisting of Director (HR) Dr Alka Mittal, Director (Exploration) RK Srivastava, Director (T&FS) OP Singh and Director (Onshore) Anurag Sharma on 26 November 2021.
ONGC CMD, Directors receiving award from Petroleum Minister
The competition was especially tough this year as 283 applications were received for 19 categories, registering an increase of 41 per cent over last year. The winners were chosen after intense deliberations by a distinguished jury. The jury included reputed names like former Chairman of Atomic Energy Commission and Chairman of Rajiv Gandhi Science & Technology Commission Dr Anil Kakodkar and Former Director General of the Council of Scientific and Industrial Research Raghunath Anant Mashelkar.
The award was conferred during the FIPI Oil and Gas Awards 2021. The award ceremony was also graced by the presence of Minister of State (MoS) for Petroleum & Natural Gas and Labor & Employment Rameswar Teli, Petroleum Secretary Tarun Kapoor, FIPI Chairman SM Vaidya, FIPI DG RK Malhotra, senior ministry officials and executives of oil and gas companies. The event was organized in hybrid mode following all COVID-19 prevention protocols.
(From left) FIPI DG, Petroleum Secretary, Petroleum Minister, Minister of State Petroleum, FIPI Chairman during the award ceremony
Speaking on the occasion, Chief Guest Petroleum Minister Hardeep Singh Puri congratulated the winners and expressed confidence that more and more innovations will be made in the industry in the coming time. Noting that the per capital energy consumption of India is 1/3rd of the global average, he asserted that the energy demand of the country is set to grow exponentially and said India will need to be dependent on traditional fuels for a long time to come. Mr Puri said that energy is the critical driver of growth and added that transition to green energy will ultimately depend on success generated by India.
Petroleum Minister Hardeep Singh Puri speaking on the occasion
“You have to make the transition. The transition will come through our oil marketing companies and other collaborators,” the Petroleum Minister said. He said that the Prime Minister has set very ambitious target for transition; net zero emission by 2070 and 50 per cent of our energy demand being met by non-fossil base by 2030. The Minister suggested FIPI to put more emphasis on transition and call the awards ‘Green Energy Awards’ next year.
Mr Puri talked about millennial development goals and said that sustainable development goals will have to come up from grass root. “They have to be bottom-up rather than prescriptions from the top. SDGs will succeed because India will succeed. Equally, the energy transition will take place when India does it. India will need energy and be the driver of demand,” he said. The Minister noted that target of 20 per cent ethanol blending will be achieved before time and therefore has been moved up to 2025 from 2030.
He said that the nation is also moving towards gas, aiming to increase its share in the energy mix from current 8 to 15 per cent. “We had 14,500 kms of gas pipeline, it has gone up to 18,500 kms. We have another 4,000 kms in the next four months. And then we will take it up to our target of 34,000 kms,” he said. The Minister said that the government is also working on Green Hydrogen and added that India will be the hub and a leader in the same. “Steps to achieve that objective are already in place. Green Hydrogen will succeed when we can get the refineries to work on it in a big way.”
Concluding his address, Mr Puri noted three messages; rapid acceleration of exploration and production, transition to green energy will succeed parallel to traditional energy and that the nation is taking all significant measures it is capable of taking.
Addressing the gathering, Guest of Honor Minister of State (MoS) for Petroleum & Natural Gas and Labor & Employment Rameswar Teli said that oil and gas play key role in the economic development of a country by fulfilling its energy needs. He said that oil and gas fulfill 45 per cent of energy needs of the nation, mostly transportation and cooking gas. “On 75 Independence Day, the Prime Minister had set the goal India’s energy independence by 2047, at the junction of 100 years of India’s independence. Accordingly, a strategic framework has been set to promote clean energy with the use of natural gas, blending ethanol in petrol, use of hydrogen bio fuel and renewable energy,” the Minister of State said.
Minister of State Petroleum Rameswar Teli addressing the gathering
Noting that the government aims to make energy available to all of its citizens, he said that Ujjwala 2 has been launched to provide clean cooking fuel to rural households, inspired by the success of Ujjwala 1. The Minister of State concluded his address noting the significant role of FIPI in achieving the roadmap laid out by the Prime Minister. Mr Teli also appreciate the efforts of FIPI for recognizing the efforts of Oil and Gas companies and professionals, inspiring them to strive for innovation and excellence.
Special Guest Petroleum Secretary Tarun Kapoor noted that Oil and Gas sector has been performing well, has competent professionals and has been delivering required services directly and indirectly. He exhorted companies to develop global ambitions and said India will become an energy leader when its energy companies expand their business worldwide. “We have to compete with the best in the world. We have to standards for ourselves, which are comparable to the best in the world in terms of technical standards, performance, efficiency, profitability, return of capital, etc,” he said.
Petroleum Secretary during the event
Earlier, FIPI Chairman Shrikant Madhav Vaidya delivered the welcome address. He said that the FIPI Awards recognizes excellence and innovation of leaders and pioneers of Oil and Gas Sector since 2017. Mr Vaidya said this is an occasion for the fraternity to celebrate excellence, strengthen spirit of collaboration and continue progress of journey ahead. The event concluded with a vote of thanks by FIPI Director General RK Malhotra.