Industry veteran Mr AK Gupta has taken over as Managing Director & CEO of ONGC Videsh, the international petroleum company of India and the overseas arm of national oil and gas major ONGC. He brings with him over three decades of experience in various capacities in domestic and overseas oil and gas exploration and production operations.
Before getting elevated to MD, he has been the Director (Operations) of ONGC Videsh, where he has been relentless in framing future strategies for the company in different global geographies, amidst the unprecedented challenges imposed by COVID-19 pandemic. During his stewardship, the company achieved the highest ever production of Oil & Gas of 14.981 MMTOE in 2019-20. Several major projects could make definitive progress under his able leadership and are set to contribute and strengthen the overall portfolio of ONGC.
He possesses an extensive experience across the E&P value chain, especially in business development earned during his tenure as Head of New businesses in Marketing in ONGC and Head Business development in ONGC Videsh, both for the domestic and international markets, and in handling commercial negotiations with alliance partners, regulators, customers and National Oil Companies.
Some of his noteworthy contributions have been in implementing projects from concept to commissioning, executing projects in diverse geographies in Myanmar and Vietnam in Asia Pacific, Brazil, Colombia and Venezuela in Latin America – quite few of them under very trying circumstances.
Mr Gupta started his career in 1984 when he joined ONGC’s corporate office as a young Graduate Trainee after obtaining his graduation degree in Mechanical Engineering from IIT Roorkee in 1983. He subsequently acquired MBA in Finance & Marketing from FMS Delhi University in 1999.