ONGC needs to fill 5 senior exploration slots
Promotion-hungry group general managers and executive directors at ONGC can look forward to the next few months.
PETROWATCH learns ONGC’s human resources department will be working overtime to ensure the company doesn’t face a skills shortage when no less than five exploration heads retire, some with more than 30 years experience behind them. Among those leaving is Anand Sahu, the friendly Dehradun-based chief of the exploration and development directorate who retires on March 31.
Sahu was favourite to take over as director exploration in 2014 but could not because he didn’t have enough time left to retirement. Instead he was moved to Delhi as an Officer on Special Duty (OSD) to help clear the exploration backlog after former director exploration NK Verma moved to OVL as MD in August 2014.
Also retiring is western onshore basin manager AV Sathe and Dehradun-based frontier basin manager Jai Nath Ram, who both step down on May 31. Later on July 31, Kolkata-based MBA basin manager BS Murthy will also say goodbye.
Finally Chennai-based Cauvery basin manager RK Khanna retires on August 31. “All these people were masters of their chosen discipline,” an ONGC source tells us.
“They have contributed a lot to ONGC’s development.” Another source says it is an unfortunate coincidence so many exploration people are retiring but says ONGC has enough talented people to replace them.
