Oil India Ltd.

Oil India Limited (OIL) was established in 1959 as a joint venture between the Burmah Oil Company and the Government of India, earning the status of a Maharatna PSU Company. 

Currently, it is a government-owned enterprise operating under the jurisdiction of the Ministry of Petroleum and Natural Gas. It ranks as India’s second-largest national oil and gas company. The company’s registered office is located in Assam, India.

Business Segment

OIL has no reportable segment: 

• Products Offered: are Crude Oil, Natural Gas, LPG, Pipeline Transportation, Renewable Energy, and others
• Domestic Operations: span various regions in the states of Assam, Arunachal Pradesh, Mizoram, Tripura, Nagaland, Odisha, Andhra Pradesh, and Rajasthan, Andaman, Kerala-Konkan, and KG shallow waters

Geographical Presence

Besides its widespread presence in India, OIL holds a Participating Interest (PI) in overseas blocks in seven countries, including Russia, Venezuela, Mozambique, Nigeria, Gabon, Bangladesh, and Libya.