PK Borthakur new offshore ONGC director

PK Borthakur has taken over as the director (offshore) in the Oil and Natural Gas Corporation Limited (ONGC).

He steps in at a crucial juncture when ONGC has set ambitious targets in augmenting offshore production in the context of the organization's perspective plan 2030.

Borthakur took over this important board position of ONGC on October 30. Congratulating him for the elevation, CMD Sudhir Vasudeva said there could not have been a better oilman for the assignment at this vital juncture.

Borthakur, like his predecessor Sudhir Vasudeva, is predominantly brought up in the professional nuances of offshore oil engineering. He has a rich portfolio of experiences in diverse fields of oil production chain.

Before being elevated to the board of India's flagship explorer ONGC, he effectively managed India's biggest oil producing asset Mumbai High and biggest gas asset Bassein & Satellite.

ONGC tenders apology over Rangghar rig

Chairman-cum-Managing Director of Oil and Natural Gas Corporation (ONGC) Mr. R. S. Sarma has apologized on behalf of the ONGC before the people of Assam over the incident of installation of an oil rig near Rangghar in Sivasagar district. He agreed that it was a mistake on the part of the ONGC to start operations at the historical site. Sarma also said that the ONGC would take the responsibility of all the monuments for their upkeep, maintenance and repair, and that it would contribute immediately to the State Government’s relief fund for the flood-affected.

An official press release forwarded by Deba Kumar Bora, press advisor to the Chief Minister, said that the ONGC CMD during a high-level meting between the Union Minister of State for Chemical and Fertilizers, BK Handique and the ONGC management in New Delhi on Wednesday, tendered his apology over the incident.

“Handique expressed his concern over the recent development vis-à-vis ONGC and the local administration and also the installation of ONGC rig near Rangghar and subsequent agitational programme against the ONGC called by the All Tai Ahom Students’ Union. The Minister said that the situation could have been cordially sorted out avoiding confrontation,” the release said.