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Mr Naresh Kumar

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Last Updated: 18 January 2022

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Mr Naresh Kumar

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Mr. Naresh Kumar, Managing Director, Jindal Drilling Industries Ltd has been re elected as President of PETROTECH Society. He was re-elect unanimously in 19th Governing Council Meeting of Society, to serve his fourth consecutive term as President. PETROTECH Society is India leading non-profit organization whose members include prominent leaders in Oil Industry-ONGC, Reliance, BPCL, IOCL, Cairn India, L & T, EIL, GAIL, Oil and British Gas to name few. Indias Oil demand has been steadily increasing over years. According to latest Oil Market Report released by International Energy Agency in June 2010, India's demand for oil will be 3. 32 million barrels per day in 2010 against 3. 26mb / d in 2009. However, India Oil production for May 2010 are pegged at 0. 86mb / d, according to report. Say Mr. Naresh Kumar, India is third largest consumer of oil in Asia-Pacific region, lagging only behind China and Japan. However, in out of total 3. 14 million sq. Km. Of India sedimentary area, only small part of total area has been extensively explored so far. It is that more effort is put into oil exploration. PETROTECH Society is committed to further education and awareness of Indian Oil Industry to help country achieve energy independence. Welcoming Mr. Kumars ' re-election, Mr. B. M. Bansal, Chairman-Indian Oil Corporation Ltd & member of PETROTECH Governing Council say, As one of our founding members, Mr. Kumar has been pillar of strength for society. His contributions are through PETROTECH in bringing India exploration efforts on global map. Over years, PETROTECH Society has grown manifolds under his dynamic and visionary leadership. I am glad that he has been re-elect President of Society to guide it to newer heights. Mechanical Engineer By Background, Mr. Naresh Kumar Has Over 27 Years Of Oil Industry Experience. Jindal Drilling and Industries Ltd forayed into Oil & Gas Sector in 1985 under his guidance. Today, company has emerged as one of largest Indian private operators of Jack-up rigs in India, operating five Jack-up in India. It was also first Indian company to have introduce premium class New generation Jack-up rigs and Directional Drilling Services in India. Mr. Kumar is first and only Asian to be nominated as member of Executive Committee of Houston-base apex body, International Association of Drilling Contractors in year 2010. Mr. Kumar was also first Vice Chairman of South Central Asia Chapter of IADC. Mr. Kumar is also Chairman of Oil & Gas Services Division with Confederation of Indian Industries and is on its National Council of Hydrocarbon. As invited member of Planning Group on Restructuring of Oil Industry constituted by Ministry of Petroleum & Natural Gas, Government of India, he made significant policy recommendations on Restructuring India Hydrocarbon Sector Perspective 2010. Mr. Kumar is also recipient of International Award for Best Trade Name in Madrid, Spain by Spanish Minister of Energy.

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* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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