A lasting partnership – ONGC Videsh and PDVSA

PdVSA executives from Venezuela, who have now successfully completed their M.Tech Program at Indian Institute of Technology (Indian School of Mines) Dhanbad were recently felicitated by Mr PK Rao, Director (Operations) in the presence of Venezuelan Ambassador, His Excellency Sr. Augosto Montiel, Regional President of Venezuela Business Unit, Mr Sukant Tiwari, Head of the Petroleum Engineering Department of IIT(ISM), Dhanbad, Prof. V.P. Sharma and visiting PdVSA officials amongst others recently. The students were awarded provisional certificates by Mr PK Rao, Director(O) during the ceremony.

ONGC Videsh has two Joint Ventures in Venezuela with the National Oil Company PdVSA. As a goodwill gesture, ONGC Videsh had sponsored PdVSA executives to undergo two years Masters programs at Indian School of Mines, Dhanbad in 2015, in order to upgrade their technical skills and add value to its Venezuelan operations.

Of the nine students, seven of them have done M.Tech in Petroleum Engineering and two in Petroleum Exploration. They also have varied work experience of 3 to 10 years in different fields of PdVSA. Speaking on the occasion, Mr PK Rao appreciated the IIT(ISM) faculty and lauded the executive-students for completing the dissertations/projects in the premier institute of India which could be useful in their respective areas of work. As per the agreement with PDVSA, these students will be serving the Indian Joint Ventures in Venezuela for some period of time after returning from India.

Apart from the regular classroom learning and practical exposure, they also underwent extensive field trainings in Mehsana and Ahmedabad Assets of ONGC during their summer vacation in addition to training in Institute of Reservoir Studies of ONGC at Ahmedabad, which is one of the premier institutes in Reservoir Studies.