Job avenues in PSU Oil companies

India is world's third largest energy consuming country.  With large population and rapid economic growth our energy consumption has doubled during last 20 years.  Out of our total energy consumption, around 80% is met by conventional sources such as coal, oil and solid biomass. However on a per capita basis India's energy consumption is less than half of word average.
Unlike abundant coal reserve, India has limited resources of domestic oil and thus rely largely on imported crude oil to meet its need.
India is second largest oil imported after china and imports roughly 75% of its crude oil requirement.

Oil Industry in India has been dominated by Public Sector Oil and Gas companies. Government has opened the sector to private players during liberalization. However the sector is still dominated by Public sector behmouth in upstream, midstream and downstream sector of the oil and gas industry.

These companies are large is size and few of them are find their place in fortune 500 companies.

If  you looking for a job in Oil and Gas sector. The information mentioned hereunder would help you to understand what are the different career options and choices that are available.


  • Public Sector Oil companies usually recruit engineers at the entry level
  • Engineers are assigned to various business streams of the company
  • Jobs in PSU oil companies are transferable
  • Officers can be transferred between departments, functions, locations, etc.
  • The companies’ transfer policy provides lots of opportunities to work in different streams
  • The infrastructure and businesses of these oil companies are spread across the length and breadth of country and also overseas

Let us take a look at how the Oil & Gas industry is structured in India and how the companies within this industry are organized:


Now let's take a look at the above types in detail :
Upstream & Midstream overview

Industry Segments

Companies

Key Highlights

Upstream - exploration and production

ONGC Ltd

 

Largest upstream company with nearly 62% of domestic crude oil production.

OIL India Ltd

 

Accounts for about 10% of domestic crude production, main operations are in the North-East

Cairn India

Owned by mining giant – Vedanta Group, operates oilfields in Rajasthan

Mid-stream - Storage & Transportation

 

Indian Oil Corporation Ltd (IOCL) 

Largest oil company, operates 14189 kms of crude, product & gas pipelines – 32%  share

Gas Authority of India Ltd. (GAIL) 

Natural gas and LPG distribution and marketing company, operates natural gas & LPG pipelines, city  gas distribution and petrochemical plant

Petronet LNG Ltd.

Imports and markets LNG, owns and operates 20 MMTPA of LNG storage & transportation infrastructure

Downstream overview (as on 1st March 2019)

Others

Refineries (nos.)

11

4

3

2

1

2

Refining Capacity (mmtpa)

80.7

38.3

27.1

68.2

20

15.1

Product pipelines (KMs)

8748

2241

3371

-

-

-

Petroleum Terminals (nos.)

125

78

83

18

2

6

Aviation Fuel Stations (nos.)

116

56

42

30

1

Retail Outlets (nos.)

27556

14721

15440

1400

5107

152

PSUs’ LPG Bottling Plants

89

51

48

3

PSUs’ LPG Bottling Capacity (tmpta)

9246

3942

4197

173

-IOC/BPC/HPC includes their respective subsidiaries & JV companies. RIL and Nayara are private sector companies.  
 -Others” includes ONGC, MRPL, Shell 
 -mmtpa is million metric tonnes per annum  tmpta is thousand metric tonnes per annum 
Source: PPAC


Streams

The 3 main downstream companies – IOCL, BPCL and HPCL are generally structured into business divisions along the following lines :

  • Refining & Petrochemicals 
  • Marketing 
  • Pipelines 
  • Research and Development (R&D)
  •  Natural Gas

Functions / Departments within the Streams




Written by : Sanjay Dawar

Published on March 28, 2022

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