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Training Report

On

Traning And Development


AT

Oil India Limited

Submitted in partial fulfillment of the requirement of degree

in Bachelor of Business Administration [Computer Aided Management]

Affiliated to
MAHARSHI DAYANAND UNIVERSITY, ROHTAK
(Session 2021-2024)

SUBMITTED TO: SUBMITTED BY:

The controller of the examination. RAM ANURAG RATHI

M.D. University BBA CAM th5 sem

ROTHAK REGNO. 2111031353

Roll no.
DECLARATION

I , RAM ANURAG RATHI student of DAV INSTITUTE OF MANAGEMENT ,


Faridabad of BBA[Computer Aided Management] , hereby declare that , this Training
report under
Oil India Limited is the record of my original work under the guidance of Ms. NEHA
SHARMA

RAM ANURAG RATHI


ACKNOWLEDGEMENT

At the outset would like to thank the management of OIL INDIA LIMITED
or the wholehearted cooperation and guidance extended by them, which
made my summer training project possible.

I would like to thank my project guide Ms. Neha Sharma for offering
valuable suggestions, encouraging advices, constructive criticism and
proper guidance to carry out the project.

RAM ANURAG RATHI

BBA [CAM] 5th sem


PREFACE

This project is the result of my training at OIL INDIA LIMITED in


Faridabad. Training is an integral part of BBA course and aims at
providing a firsthand exercise of the industry to the students. This practical
experience helps the students to view the real business world closely, which
in turn widely influences their conceptions and perceptions.

I was really fortunate to get an opportunity to my summer training in a


reputed, well established, fast growing and professionally managed
organization.
This project was assigned to collect information about the Personnel
Management in the organisation. I had personally getting the information. It
gave me a great deal of exposure and I found the practical work totally
different from theoretical work.
INDEX

CHAPTER NO. CONTENTS PAGE NO.


1 INTRODUCTION TO THE
INDUSTRY
2 COMPANY PROFILE

3 TRANIEE PROFILE

4 RESEARCH METHODOLOGY

5 LEARNING FROM TRANING

6 BIBLIOGRAPHY
CHAPTER 1
INTRODUCTON TO COMPANY
INTRODUCTION:-
Oil India Limited (OIL) is a premier national oil company,
engaged in the business of exploration, production and transportation of
Crude Oil and Natural Gas. Oil India Limited is a”schedule A” company
under the ministry of petroleum and Natural Gas, government of India. The
authorized and paid up capital of the company as on 31 st March 2008 are Rs
500 cores and Rs 214 cores respectively with 98.31% holding by the
government of India and 1.87% by employees and others. The net worth of
the company as on 31st March 2008 was Rs 7932.97 cores.

Oil India Limited is having over 1.70 lakes sq km of PEL/ML areas


for its exploration and production activities. Majority of OIL’S activity is
being taken up in the north east from where its entire Crude Oil production
and majority of Gas production is coming. Rajasthan is the other production
areas of oil from where it is producing 10%of its total Gas production. The
company’s exploration activities are spread over onshore areas of Ganga
Valley and Mahanadi in addition to its onshore areas in North East and
Rajasthan. OIL also has participation interest in help exploration block in
Mahanadi offshore, Mumbai deep water, Krishna Godavari deep water etc.

The company is also having participating intrest in various projects


such as in Libya, Gaban, Iran, Nigeria and Suden.
In recent years, OIL has stepped up E&P activities significantly
including Gas monetization in North East India. OIL has set up the NEF
(North East Frontier) project to intensify its exploration activities in the
frontier areas in and geologically complex. Presently, seismic surveys are
being carried out in Manbhum, Pasighat and other trust belt areas. The
company operates a Crude Oil pipeline in the North East for transportation of
Crude Oil produced by OIL and ONGCL in regions to feed Numaligarh,
Guwhati, Bongaigaon and Barauni refineries and a branch line to feed Digboi
refinery. The company is currently in the process of constructing a 660km
long product pipeline from Numaligarh to Siliguri. OIL also sells its
produced Gas to different customers in Assam viz. BVFCL, ASEB,
NEEPCO, IOC (AOD) and APL and to REEB in Rajasthan. The company
also produces Liquefied Gas (LPG) in its plant at Duliajan, Assam. It also has
Optical Fiber Network along its Crude Oil pipeline and is lending out dark
fibers to telecom companies like BSNL and AIRTEL.

After restructuring into strategic business unit OIL has also


ventured into offering rig package, expertise and services in E&P sector and
signed a contract with Premier OIL, a company registered in Netherland, for
drilling of well in Joipur block in Assam. OIL has also carried out work over
job for Great Eastern Energy Corporation Limited and Coal Bed Methane
Wells.

In recent CRISIS India today survey, OIL was adjusted as one of


the 5(five) best major PSU’S (Public Sector Undertakings) and one of the
3(three) best energy sector PSU’S in the country.
HISTORY OF OIL:-

The journey begins……… In the dense swampy jungles of


ASSAM, in North East India, in the year 1889. What can one say about a
company whose acronym is OIL! Except that the history of oil exploration in
India and the story of OIL (Oil India Limited) are one and the same as saga
of trial and triumph.

The first Geologist to visit Assam was H.B.Medlicott, who visited


the areas between Joipur and Ledo in upper Assam, where he found several
coal seams. He was very much impressed by the oil seepages in these
localities and recommended drilling for oil. This was the period when wells
were drilled near the oil seepages and our geological knowledge about the
occurrences of oil was very vague. The well drilled near Joipur in 1866 were
unsuccessful; those drilled in 1867 in Namdang (Makum) near Margherita
produced some oil but on account of the absence of adequate transport
facilities, no further attempts were made; drilling was suspended for about 20
years.

In 1882 the first railway line in Assam from Dibrugarh to


Margherita was opened for traffic, this important facility brought the Colliery
district of Margherita nearer to rest of the country. With this improvement,
drilling was soon resumed in Makum-Namdang areas, where a few years
earlier, the engineers of Assam Railways and Trading Company (AR&T Co.)
while surveying the rail route to Margherita has accidently come across oil
seepages along the edge of the low hills nears DIGBOI. AR&T Co. started
drilling in digboi in 1889 and discovered oil in the first wildcat well after
drilling to 622fts. Immediately afterwards, several development wells were
drilled in the innediate neighborhood of the oil seepages. Through the
wooden derricks, thatched ith leaves to keep out the sun and rain, were
incapable of reaching great depths, some of the early development wells at
digboi were productive but result of drilling at Markum were disappointing.
However a “tea-pot” refinery which was planned earlier was completed at
margherita in 1893 to which oil from Digboi was send by rail in tank wagons

In 1899, by which time 14 wells had been drilled, the Assam Oil
Corporation (AOC) was formed to take over the management of AR&T Co’s
interested in Digboi-Makum area. During the same year the Digboi refinery,
with a capacity of nearly 20,000 imperial gallons (500 barrels) per day was
produced.

In 1889, Crude Oil was first discovered in the fields of Digboi. On


18th February 1959, Oil India Private Limited was incorporated to explore
and develop the newly discovered oil fields of Naharkatia and Moran in the
North East India. In 1961, OIL become a joint venture company between the
Government of India and Burmah Oil Company Limited, U.K.

Two decades later, in 1981, Oil India Limited become a wholly


owned Government of India Enterprise. Today, Oil India Limited (OIL) is a
premier Indian National Oil Company engaged in the business of exploration,
Development and production of Crude Oil and Natural Gas, Transportation of
Crude Oil and production of LPG. The company also provides E&P related
services to the industry and holds 26% equity in Numaligarh Refinery
Limited (NRL).

PRESENT ACTIVITY:-

The company presently produces around 3.30 MMPTA of Crude Oil (around
59,000 barrel per day), over 5 MMSCMD of Natural Gas and over 50,000 ton
of LPG annually. Most of these emanate from its traditionally rich Oil and
Gas fields concentrate in the North Eastern part of India. OIL’S intensely rich
outfield in upper Assam includes Naharkatia (since 1953), Moran (since
1967) which are under production till date. Some of its recent oil fields
include those in Dikom, Kathaloni and Shalmari Oil fields. The search for
newer avenue has seem OIL spreading out its operation in offshore of Orissa,
Desert of Rajasthan, Plains of Uttar Pradesh, River Bed of Brahmaputra and
coastal of Saurashtra and Kaveri Basin.
GOLDEN JUBILEE CELEBRATION:-

Essentially OIL has celebrated two milestones years till date.


First was the silver jubilee tear 1984 and second, a hundred years of
discovery of Crude Oil in Digboi in 1989. The Digboi discovery was
celebrated primarily because OIL’S legacy has its roots in Asia’s first and
the world’s second commercially successful oil exploration activity in
Digboi, Assam in 1889. The silver jubilee year was celebrated in 1984
because on February 18th 1959, Oil India as accompany (Oil India Private
Limited) was born. Through the nature of ownership changed from the
private sector to the public sector, Oil India in essence retained its name and
continued to carry out its core activity as an E&P company.

Today as the pioneering and second largest National upstream Oil and Gas
company with a pan Indian presence and growing Global footprint, OIL is
all set to conquer newer horizons of all round growth and excellence.

VISION OF OIL:-
To be a vibrant, responsive knowledge based, competitive E&P
Company with Global presence, and a selective presence across the Oil
and Gas value chain in India, maximizing shareholders value, respective
stake holder’s aspiration and caring for the environment.

OIL believes “superlative efforts precede superlative results”. To serve


that very purpose OIL has set the highest challenges for itself to measure
up to. Its objectives are:-

OBJECTIVE AND OBLIGATION OF OIL:-


BASIC OBJECTIVE-
• To achieve self sufficient in hydrocarbon resources.
• To get adequate return on capital.
• To promote R&D in hydrocarbon exploration.
• To encourage technical advancement of import substitution.
• To develop and promote use of non conventional energy resources.
• To build excellence management team.
• To build and project an efficiency corporate image.

TOWARDS EMPLOYEES:-
• To establish personnel policies for the well being of its employees.
• To induct and develop competent person in all levels.
• To provide training and development opportunities to
enhance skills for optimum contribution.

TOWARDS PEOPLE:-
• Social and community development.
• Development of ancillary and small sector units.
• Promotion of pollution free environment.
• Healthy interaction with the users and business associates.
CHAPTER 2
COMPANY PROFILE
STRUCTURE OF OIL INDIA LIMITED:-
Oil India Limited is a pioneering organization whose main
objectives are to produce and explore Crude oil and natural gas from the earth
interior.
The structure of Oil India Limited started with chairman and
Managing Director (CMD). Under the CMD there are 4(four) Directors
headed by the important departments of the organization. The main
department of the organization is Exploration and Development department,
Human Resource and BD, etc.

Mr. Nayan Mani


Borah Chairman &
Managing Director

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