Petrotech Society Re-Elects President

Mr. Naresh Kumar, Managing Director, Jindal Drilling & Industries has been re-elected as the President of Petrotech Society. He was re-elected unanimously in the 19th Governing Council Meeting of the Society, to serve his fourth consecutive term as the President. 

Mr. Naresh Kumar said, "India is the third largest consumer of oil in the Asia-Pacific region, lagging only behind China and Japan. However, in production, out of the total 3.14 million sq. km. of India's sedimentary area, only a small part of the total area has been extensively explored so far. It is imperative that more efforts are put on oil exploration. Petrotech Society is committed to further education and awareness in India’s oil industry to help the country achieve energy independence." 

Welcoming Mr. Kumar's re-election, Mr. B. M. Bansal, Chairman – Indian Oil Corporation Ltd & member Petrotech Governing Council said, "As one of our founding members, Mr. Kumar has been a pillar of strength for the Society. His Contributions are immense through Petrotech in bringing India’s exploration efforts on the global map. Over the years, the Petrotech Society has grown manifolds under his dynamic and visionary leadership. I am glad that he has been re-elected as the President of the Society to guide it to newer heights." 

A Mechanical Engineer by background, Mr. Naresh Kumar has over 27 years of Oil industry experience. Jindal Drilling and Industries Ltd forayed in Oil & Gas sector in 1985 under his guidance. Mr. Kumar is the first and only Asian to be nominated as a member of the Executive Committee of Houston-based apex body, International Association of Drilling Contractors (IADC) in year 2010. Mr. Kumar was also the first Vice Chairman of the South Central Asia Chapter of IADC. Mr. Kumar is also the Chairman of Oil & Gas Services Division with the Confederation of Indian Industries (CII) and is on its National Council of Hydrocarbon