Oil India is looking to hire Director (Exploration & Development); click for details

OIL Recruitment 2023: Oil India Limited (OIL) has posted a job vacancy for the engagement of Director (Exploration & Development). Eligible and interested candidates can apply for the job before October 31. The post will fall vacant on July 1, 2024.

Director (Exploration & Development) is a member of board of directors and reports to Chairman & Managing Director (CMD). He/She formulates exploratory policies and budgets and monitors the progress of exploration and development programs of the company.

Pay scale: Rs 1,80,000 – Rs 3,40,000 (IDA)

Age Limit: Minimum age limit is 45 years and the age of superannuation is 60 years

The minimum length of service required in the eligible scale will be one year for internal candidates, and two years for others as on the date of vacancy.

Employment status

The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings:-

(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);

(b) Central Government Group 'A' Officers including the Armed Forces of the Union and All India Services and officers from Public Sector Banks/ Financial Institutions/ Autonomous Bodies, etc;

(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 10,000 crore or

more;

(d) Private Sector in company where the annual turnover is *Rs 10,000 crore or more.

Preference would be given to candidates from listed companies.

(*The average audited annual turnover of three financial years preceding the calendar year in which the post is advertised shall be considered for applying the approved limits)

Educational Qualifications

The applicant should be a post graduate in geology or geophysics or Graduate in Petroleum Engineering with good academic record from a recognised university or institution.

Work experience

The applicant should have at least 5 years cumulative experience or exposure during the last 10 years in Petroleum sector at a senior level of management in a large organization of repute.

Applicants with experience in petroleum exploration will have added advantage.

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Duration of the appointment

The appointment shall be for a period of five years from the date of joining or upto the date of superannuation or until further orders, whichever is earlier.

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