Shashi Shanker

Oil and Natural Gas Corporation Ltd. (ONGC)

Chairman & Managing Director

Shashi Shanker has taken over charge as ONGC Chairman and Managing Director from 1 October 2017, taking over the reins of ONGC from Mr. Dinesh K. Sarraf, who superannuated from service in September 2017. Mr. Shanker is an industry veteran with over 35 years of experience in diverse E&P activities. Prior to his appointment as Director (T&FS) in 2012, he has progressed through senior management roles in various work-centers including Institute of Drilling Technology, Dehradun; West Bengal Project; Assam Project and Deep Water group at Mumbai. He was acclaimed for his performance in spearheading ONGC’s deep/ultra-deep water campaign, which was christened “Sagar Samriddhhi.” Under his leadership, ONGC drilled the deepest deep-water well covering a water depth of 3,174m, a world record. He also led the team to one of the finest Ddrilling performance in FY'17 when ONGC set a new record of drilling over 500 wells in 2016–17, the first time in 23 years that ONGC had crossed the 500-well mark. Under his guidance, ONGC has led the delivery of cutting-edge IT solutions that drive growth, streamline performance, and promote efficiency. He has provided much needed support for effective use of ERP and SCADA platform for real-time information. During his tenure, ONGC has implemented an ambitious companywide project called "DISHA" for creating a paperless office platform. Mr. Shanker is also the Chairman and Managing Director of ONGC Videsh. He is also the Director (In-charge) and Member of the steering committee for Government’s flagship initiative “Make-in-India.” He is a Petroleum Engineer from Indian School of Mines (ISM), Dhanbad. He holds an MBA degree with specialization in finance and has received executive education from the Indian Institute of Management, Lucknow, and Indian School of Business, Hyderabad.

SESSIONS WITH Shashi Shanker

Tuesday, October 27

  • 05:35pm - 06:10pm

    Executive Conference

    Technologies to Optimize Costs, Recovery & Emissions in the Upstream

    Indian operators are facing the dual pressures of lowering costs and increasing recoveries to remain competitive, and of decarbonizing the business. These aspirations are not mutually exclusive; the most efficient and effective oil companies tend to be those doing the most to curb their emissions. This session explores efforts underway in both areas along with the intersection between the two.

    What emerging technologies and innovative practices can Indian operators deploy today to drive lower costs, higher recoveries, and reduced emissions associated with operations?
    What is a realistic scope of performance improvements achievable through such means?
    Where is there strong alignment between these areas?