Narendra K Verma has taken charge at ONGC Videsh as its managing director. Verma has been the director (exploration) of the Maharatna ONGC since April 1, 2013, after having a long illustrious career spanning more than three decades with the oil major. Prior to joining the board of directors of ONGC, he was the director (exploration) for ONGC Videsh limited. At OVl, Verma was responsible for the growth strategy and business development at OVl with several high value acquisitions in last one year.
He joined ONGC in 1980 and has been associated extensively with exploration and development related activities in a number of Indian and foreign basins. As an exploration geologist he has conceptualised exploration projects in a wide variety of basins including deep waters resulting in reserve accretion and evaluation of hydrocarbon potential.
Presently, he is also the chairman of OTBl a joint venture company of ONGC and TERI which is in the business of bio-remediation. He has also been recently elected as vice chairman and member of expert group on research classification in United Nations Framework Classification for Fossil Energy and Mineral Reserves and Resources 2009 (UNFC-2009).