Ujjal Kumar Das
Business Development Manager
New Delhi
Summary
23 years diversified working experience in oil & gas industry encompassing techno-economical & strategic due diligence and negotiation for new Business Development opportunities for asset acquisition, Corporate Planning & Strategy formulation and implementation, managing Exploration & Development projects, Contract management under various petroleum fiscal regime, Bidding of exploration acreages and producing asset, Joint Venture (JV) management, shareholder and stakeholder management, portfolio analysis and management etc. Having working experience for BD opportunities evaluation and strategic formulation for India, Africa, Colombia, UAE etc. Having wide experience for portfolio analysis of multiple oil and gas producing projects and appraise to management for optimization.
Overview
24
24
years of professional experience
3
3
Languages
Work History
Business Development, Corporate Planning & Strategy and Asset Management
ONGC Videsh
05.2024 - Current
- Techno-commercial and strategic due diligence of various domestic and international organic and inorganic BD opportunities in Oil and Gas sector.
- Financial modelling for decision matrix (NPV, IRR, EMV, Payback period, Profitability Index) for acquisition and M&A.
- Risk and uncertainty analysis for finding out the most sensitive parameters for the projects.
- Successfully deal with 100 projects for M&A
- Actively involved in bidding process and Commercial Negotiation
- Portfolio analysis and formulating the strategy for short-mid and long term aligned with organization goal.
- Managing the various E&P contracts and implementation of contractual obligations of different Exploration acreages and producing fields awarded under JV for smooth operation.
- Prepare investment and budget plans, inclusive of both short and long-range planning
- Work closely with multi-disciplinary teams and support functions to strategize and implement field development plans.
- Project analysis on a continuous basis for performance monitoring and appraisal to management
- Stakeholder management
Greater Pioneer Operating Company (JV of CNPC, Petronas & ONGC Videsh)
05.2022 - 04.2024
- Provided strategic oversight for formulation of annual, mid-term and long-term exploration and development strategies and related budget of GPOC.
- Implementation of the exploration and development activities including reservoir management and reservoir development (infill drilling, production enhancement workover, water injection, well optimization), new technology implementation, G&G studies, exploration location identification and well drilling.
- Techno commercial due diligence and financial modelling for decision matrix (NPV, IRR, EMV, Payback period, Profitability Index) for new field acquisition.
- Risk and uncertainty analysis for finding out the most sensitive parameters for the projects.
- Actively involved in Commercial Negotiation with stakeholders
- Portfolio analysis and formulating the strategy for short-mid and long term aligned with organisation goal.
- Managing JV operation
- Prepare investment and budget plans, inclusive of both short and long-range planning
- Work closely with multi-disciplinary teams and support functions to strategize and implement field development plans.
Assam & Assam Arakan Basin
ONGC
07.2012 - 04.2022
- Techno-commercial and strategic due diligence of various domestic and international organic and inorganic BD opportunities in Oil and Gas sector.
- Financial modelling for decision matrix (NPV, IRR, EMV, Payback period, PI ETC) for acquisition and M&A.
- Risk and uncertainty analysis for finding out the most sensitive parameters for the projects.
- Actively involved in bidding process and Commercial Negotiation
- Portfolio analysis and formulating the short/mid/long term strategy aligned
- Managing the various E&P contracts and implementation of contractual obligations of different Exploration acreages and producing fields awarded under JV for smooth operation.
- Prepare investment and budget plans, inclusive of both short and long-range planning
- Work closely with multi-disciplinary teams and support functions to strategize and implement field development plans.
- Project analysis on a continuous basis for performance monitoring and appraisal to management
- Stakeholder management
Western Offshore & Onshore Basin
ONGC
06.2009 - 06.2012
- G&G data analysis
- Seismic interpretation and log data analysis
- Prospect generation
- Reserve estimation and Economic assessment for new exploratory and development locations.
- Risk & uncertainty analysis of proposed exploratory locations
Western Offshore & Onshore Basin
ONGC
04.2001 - 05.2009
- G&G data analysis, Seismic interpretation and log data analysis
- Prospect generation
- Reserve estimation and Economic assessment for new exploratory and development locations.
- Risk & uncertainty analysis of proposed exploratory locations
- Seismic Data Processing for subsurface Imaging
Education
MBA - Strategy
Faculty of Management Study (FMS), University of Delhi
New DelhiMaster of Technology - Computer Application
Indian Institute of Technology (IIT-ISM)
Dhanbad, India03.2001
Master of Science & Technology - Applied Geophysics
Indian Institute of Technology (IIT-ISM)
Dhanbad, India06.1999
Batchelor of Science (Honours) - Physics
University of Calcutta
Kolkata, India05.1996
Skills
- Due diligence for Business Development and Merger & Acquisition
- Commercial negotiation and conflict management
- Oil and Gas asset management and asset monitoring
- Entire value chain of Exploration & Development activities for prospect generation
- Corporate Planning & strategy formulation and implementation
- Joint Venture (JV) management
- Coordination with regulator, shareholder, Ministry and other stakeholders
- Shareholder & Contract management
- SWOT, BCG MATRIC, PESTEL, VRIO analysis
- Data analytics, Petrel software for G&G and technical data analysis and due diligence
- Crystal Ball
- Financial modelling and risk analysis for commercial due diligence
Awards
“University Grant Commission” scholarship, 96 percentiles in Graduate Aptitude Test in Engineering (GATE) fellowship for the Year 1999, Best Professional Executive award of ONGC Ltd
Personal strength
- Persuasive communicator with strong listening, writing, and verbal skills
- Ability to work independently or with a team
- Enthusiastic team player experienced in motivating others to accomplish a goal
- Excellent time management and organizational skills
- Proactive problem solver who is good at thinking “out of the box”
Timeline
Business Development, Corporate Planning & Strategy and Asset Management
ONGC Videsh
05.2024 - Current
Greater Pioneer Operating Company (JV of CNPC, Petronas & ONGC Videsh)
05.2022 - 04.2024
Assam & Assam Arakan Basin
ONGC
07.2012 - 04.2022
Western Offshore & Onshore Basin
ONGC
06.2009 - 06.2012
Western Offshore & Onshore Basin
ONGC
04.2001 - 05.2009
MBA - Strategy
Faculty of Management Study (FMS), University of Delhi
Master of Technology - Computer Application
Indian Institute of Technology (IIT-ISM)
Master of Science & Technology - Applied Geophysics
Indian Institute of Technology (IIT-ISM)
Batchelor of Science (Honours) - Physics
University of Calcutta
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