P K Borthakur takes over as ONGC Director (Offshore)

State-owned Oil and Natural Gas Corp (ONGC) today said P K Borthakur has taken over as the company's Director (Offshore).

"Borthakur steps in as Director (Offshore) at a crucial juncture when ONGC has set ambitious target in augmenting offshore production, in the context of the organisation's Perspective Plan 2030," the company said in a press statement here.

Congratulating Borthakur for the elevation, ONGC Chairman and Managing Director Sudhir Vasudeva said there could not have been a better oilman for the assignment at this vital juncture.

"Borthakur, like his predecessor Sudhir Vasudeva, is predominantly brought up in the professional nuances of offshore oil engineering. He commands a rich portfolio of experiences in diverse fields of oil production chain," the statement said.

Before being elevated to the Board of India's flagship explorer ONGC, Borthakur managed nation's biggest oil producing asset Mumbai High and biggest gas asset Bassein & Satellite.

Redevelopment of ONGC brownfields would be a focus area, said Borthakur.

A Mechanical Engineer from Guwahati University, Borthakur has been groomed in IIM Lucknow and ISB Hyderabad. "Redevelopment of the brownfields like Mumbai High, Heera and Bassein, which have been contributing over 80 percent of ONGC's current domestic production, would be a focus area," he said.