Arun Kumar Singh: Going up from first principles in ONGC – 21 Jun 2024

What ONGC CEO Arun Kumar Singh is doing is to bring in a new layer between the assets and the companies?

It is an additional layer, but the best part is that it is a first principles approach, nothing is to be believed unless it is fully tested.

But if one looks at the execution philosophy, it is a good. Due process is maintained, and there is a one point responsibility.

What the asset is saying is getting revalidated one more time, and then the process of contracting starts.

And from now on there is going to be a standardization of contracts. And that is a good sign

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