Oil India

Oil India was founded on 18 February 1959, with its registered office in Duliajan, Assam, as a privately held oil exploration company. Burmah Oil Company originally held two-thirds of the stock and the Government of India held the rest. This joint venture gave birth to the exploration and drilling at two new sites in Naharkatiya and Moran in Dibrugarh district which had then been just recently discovered. In the Spring of 1961 the company became publicly listed, and later that year the Government of India acquired 50% ownership interest. In 1981, the Government of India acquired 100% of the equity interest in the company which by then controlled all the oilfields of Tinsukia and Dibrugarh districts.In 1961, construction of the company's first gas-powered power plant was completed in Duliajan, Assam. IN 1962, a 401 km pipeline from Duliajan to Guwahati was completed. The following year, a 756 km extension to the pipeline from Guwahati to Barauni in Bihar was completed.A 1,157-kilometre long fully automated telemetric pipeline with 212 kilometres of looping and a total capacity to transport over 6.0 million tonnes per year remains the lifeline of the company. Commissioned in 1962, the double skinned crude oil pipeline traverses 78 rivers including the Brahmaputra River as it meanders through paddy fields, forests and swamps. There are 11 pumping stations, 18 repeater stations and two terminals at Numaligarh and Rongapani in Udalguri district. The engines that drive the giant pumps along the pipeline have more than two hundred thousand hours of service and established a world record of machine hours.OIL completed the construction of a 660-kilometre pipeline from Numaligarh to Siliguri in November 2007. The company also sells its gas to different customers in Assam: Brahmaputra Valley Fertilizer Corporation Limited , ASEB, NEEPCO, Indian Oil Corporation's retail Assam Oil Division, and APL as well as to the Rajasthan Rajya Vidyut Utpadan Nigam formerly part of the Rajasthan State Electricity Board. It also produces liquefied petroleum gas at its plant in Duliajan, Assam.