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Best Oil and Gas Companies of India [2023 Updated List]

Last Updated on June 12, 2023 by Admin

India is the 3rd largest energy and oil consumer globally after China and the US. The oil and gas sector is among the six core industries in India. It plays a significant role in influencing decision-making for all the other essential sections of the economy. Find below the list of the oil and gas companies of India.

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India’s economic growth is closely related to energy demand; therefore, the need for oil and gas is projected to grow more, making the sector quite conducive for investment.

The Government of India has adopted several policies to fulfill the increasing demand. The government has allowed 100 percent Foreign Direct Investment (FDI) in many segments of the sector, including natural gas, petroleum products, and refineries.

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India is the fourth-largest Liquefied Natural Gas (LNG) importer after Japan, South Korea, and China and accounts for 5.8 percent of the total global trade. Domestic LNG demand is expected to grow at a CAGR of 16.89 percent to 306.54 MMSCMD by 2022 from 64 MMSCMD in 2015.



According to data released by the Department for Promotion of Industry and Internal Trade Policy (DPIIT), the petroleum and natural gas sector attracted FDI worth US$ 7.018 billion between April 2000 and March 2019.

Snapshot of India’s Oil & Gas Sector

  • World’s fastest-growing energy market
  • 3rd most enormous total primary energy consumption in the world
  • Energy Demand growth is projected at a CAGR of 4.2 % during 2017-2040
  • The oil & gas sector is among the eight core industries in India
  • The oil & gas sector accounts for around 35 % of our energy mix.
  • Target to increase the share of natural gas in the energy mix from 6.2% to 15% by 2030
  • 3rd largest consumer of crude oil in the world
  • 4th largest LNG Exporter in the world
  • Second largest refiner in Asia and 4th largest in the world
  • Oil reserves of 618.94 MMT and natural gas reserve 1.3 TCM
  • The US $ 143 billion investment potential in the Oil & Gas sector
  • LPG Coverage increased from 55% in 2014 to 97% in 2020.
  • CGD Coverage area increased to 70% from 20%




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Best Oil and Gas Companies In India

By considering all the available data and positive news from the various sources, we can see great potential in India’s Oil and Gas sector. We have compiled below the list of the best Oil & Gas companies in India, in which we see huge potential to grow shortly. Also, kindly check Simply Switch for a fair and unbiased view of gas and electricity deals available in your local area.

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List of the top and the best oil and gas company in India, India’s oil and gas industry. Oil and gas companies in Mumbai, Pune, oil, and gas EPC companies. All these companies also belong to the top 10 oil and gas companies globally in 2023 and the top 100 oil and gas companies. Future of the oil and gas industry in India.

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You can also find the public sector oil companies in India, public sector oil companies in India, and the largest oil companies by production.

Few of these companies are PSU & state-owned companies. Some of these companies are also listed on Indian stock markets. Kindly go through the below list of companies and visit their career page to find the current employment opportunities and start applying for the jobs. We will keep on adding more potential companies from Oil & Gas in India.



S.N. Company Name Location
1  Bharat Petroleum Mumbai
2 Aban Offshore Chennai
3 Aban Offshore Limited Chennai
4 Abhay Ocean India Pvt Ltd Mumbai
5 About Oil and Natural Gas Corporation Ltd  ONGC New Delhi
6 Adani Group Ahmedabad
7 Aquarius International Mumbai
8 Aryatech Marine and Offshore Services New Delhi
9 Aryavartha Design Consultants LLP Karnataka
10 Bengal Sun Solar Energy India Pvt. Ltd. Kolkata
11 Bharat Oil & Waste Management Ltd New Delhi
12 Cairn India Gurgaon
13 Castrol India Mumbai
14 Chennai Petroleum Corporation Ltd Chennai
15 Coastal Energen Pvt Ltd  Mela Maruthur, Tamil Nadu
16 CubicWheels Engineering Services Pvt. Ltd. Kanchipuram
17 Delhi Aviation Fuel Facility Pvt Ltd New Delhi
18 ENERGIVO OIL & GAS Mumbai
19 Enerzytech Industries Private Limited. Ahmedabad
20 EngiMates Resources & Energy Pvt. Ltd. Vadodara
21 Essar Oil Limited Mumbai
22 Focus Overseas Enegery Ltd – Focus Energy Ltd Mumbai
23 Gas Authority of India- GAIL (India) Ltd. New Delhi
24 GE Oil and Gas India Coimbatore
25 General Energy Management Systems P. Ltd. Noida
26 Green Gas Ltd Lucknow
27 Gujarat Gas Co Ltd Ahmedabad
28 Gujarat State Petroleum Corporation Ltd Gandhinagar
29 Hardy Exploration & Production (India) Inc. Chennai
30 Hindustan Oil Exploration Company Ltd Mumbai
31 Hindustan Petroleum Corporation Mumbai
32 HPCL-Mittal Energy Limited Noida
33 Idemitsu Lube India Private Ltd New Delhi
34 Indane (LPG) New Delhi
35 Indian Oil Corporation Ltd (IOCL) New Delhi
36 IndianPetroplus New Delhi
37 Indraprastha Gas Ltd (IGL) New Delhi
38 IoT Infrastructure & Energy Services Ltd Mumbai
39 JGB International Mumbai
40 Mahanagar Gas Mumbai
41 Mangalore Refinery and Petrochemicals Mangalore
42 Mantra Energy International Palayam, Calicut-Kerala
43 Nafto Gaz India Pvt. Ltd. Noida
44 Naskc&d Engineering Sea India Pvt.Ltd Hyderabad
45 OCS Services (India) Pvt. Ltd. Mumbai
46 Offshore Infrastructures Limited Navi Mumbai
47 Oil India Ltd Noida
48 ONGC Petro additions Ltd-Opal Vadodara
49 Petronet LNG Ltd New Delhi, Bharuch
50 Plexus Infratech Private Limited New Delhi
51 POSITRON ENERGY PRIVATE LIMITED Ahmedabad
52 Pragati Power Corporation Ltd (PPCL) New Delhi
53 Projects and Development India Limited (PDIL) Noida
54 Protection BTG Pvt Ltd Noda
55 PUNJ LLOYD UPSTREAM LIMITED Gurgaon
56 Rasson Energy India Pvt. Ltd. Ahmedabad
57 Ratnagiri Gas and Power Ratnagiri
58 Raychem RPG Oil & Gas Division Mumbai
59 Reliance Petroleum Limited Ahmedabad
60 S. Mark Oil Field Engineering Pvt. Ltd. Ahmedabad
61 Savita Oil Technologies Limited Mumbai
62 SHAMBERGER Oilfield services Pvt Ltd Mumbai
63 Sledgehammer Oil Tools Pvt. Ltd Faridabad
64 SOUTH ASIA LPG COMPANY PRIVATE LIMITED Visakhapatnam
65 SPECTRON ENGINEERS PVT.LTD Mumbai
66 SPS Enerpros (India) Private Limited New Delhi
67 SUN PETROCHEMICALS PRIVATE LIMITED Mumbai
68 TAQA NEYVELI POWER CO. PVT. LTD Chennai
69 Tata Petrodyne Mumbai
70 Technical GreenC Solutions Pvt Ltd Mumbai
71 TOTAL OIL INDIA PVT. LTD. Mumbai
72 Triune Energy Services Pvt. Ltd. New Delhi
73 VCare Global Vadodara
74 VDT Pipeline Integrity Solutions Pvt Ltd Vadodara

Final thoughts

The future of India’s oil and gas industry will depend on the government’s willingness to change. The government should open up the market for private companies, invest in the infrastructure needed to transport natural gas, and develop a plan to increase domestic production of crude oil. The Indian market has always been tough for oil and gas companies, but with the recent developments in the country, there are a lot of opportunities coming up.

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