Narendra K Verma named new MD of ONGC Videsh

Narendra K Verma today took charge at the Oil and Natural Gas Corporation Limited (ONGC) Videsh as its Managing Director.

Verma has been the Director (Exploration) of the Maharatna ONGC since April 2013, after having a career spanning more than three decades with the oil major.

Prior to joining the Board of Directors of ONGC, he was the Director (Exploration) for ONGC Videsh Limited, where he was responsible for the growth strategy and business development at OVL with several high value acquisitions in last one year.

As an exploration geologist he has conceptualized exploration projects in a wide variety of basins including deep waters resulting in reserve accretion and evaluation of hydrocarbon potential.

He has also been recently elected as Vice Chair and Member of Expert Group on Research Classification in United Nations Framework Classification for Fossil Energy and Mineral Reserves and Resources 2009.