Rajarhri Gupta Managing Director, ONGC Videsh Limited Speaking at India Energy Week 2024
Rajarhri Gupta Managing Director, ONGC Videsh Limited Speaking at India Energy Week 2024 on achieving Net Zero, Expansion and Future Plans
Managing Director & CEO, Ongc Videsh Ovl
Search every verified Rajarshi Gupta interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. At the India Energy Week 2024, Rajarshi Gupta, Managing Director & CEO of ONGC Videsh Limited, stated that the company has set a goal to achieve net-zero Scope 1 and Scope 2 emissions by 2038. He said the company plans to spend approximately $2 billion to reach this target. Gupta described ONGC and ONGC Videsh as a "1:1 company," noting that ONGC Videsh produces about 11 million tonnes of oil and gas overseas, while the combined group produces between 55-60 million tonnes. Gupta highlighted an exploration success in Colombia, where he said the company is producing about 25,000 barrels per day from a discovery with a team of 75 people, 63 of whom are Colombian. He also mentioned production in South Sudan and noted that the company has assets in Brazil, Azerbaijan, Myanmar, Vietnam, and Russia.
“हमने बोला है 2038 तक स्कोप वन और स्कोप टू स्कोप वन वो होता है जो हम अपना खुद पावर यूज करते हैं वो और टू होता है हमारे वेंडर्स का करते हैं उनका आप देख लीजिएगा गूगल टू को हम 2038 तक जीरो करेंगे।”
“हमारी एक्सप्लोरेशन सक्सेस आई है कोलंबिया में जहां पर हम करीब 25000 बैरल पर डे प्रोड्यूस कर रहे सिर्फ 75 लोगों के साथ 63 लोग कोलंबियन है मेरे 12 या 13 लोग है हमारे 75 लोग मिलके 25000 बल प्रोड्यूस करते कोलंबिया में वो हमारी अपनी डिस्कवरी हमने नया प्ले में फिर से डिस्कवर किया और हमारी प्रोडक्शन अभी बढ़ रही है।”
“ONGC Videsh was given the navratna status by the government of India in August last year. It immediately opens us on multiple issues which facilitates our business because it gives more power to the board, it gives us more autonomy and it also helps us as a brand in the international Arena.”
“The navratna status allows us decisions up to 3,000 crores and beyond which we go to the government. We are looking for bigger assets, bigger acquisitions. The government is asking us that think big, do big and get more oil and gas, equity oil to India as fast as possible.”
Rajarhri Gupta Managing Director, ONGC Videsh Limited Speaking at India Energy Week 2024 on achieving Net Zero, Expansion and Future Plans
Bringing the latest from India Energy Week 2024 Tune in with Rajarshi Gupta, MD and CEO, ONGC Videsh Ltd at the at the India Energy Week 2024. Explore More on our website: https://energy.economictimes.indiatim... #IndiaEnergyWeek #IEW2024 #MoPNG #FIPI #EnergyTransition #Oilandgas #India #ETEnergyworld
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