Hindustan Oil Exploration Co Ltd 2020 Annual Report with Sustainability Disclosures
Company: Hindustan Oil Exploration Co Ltd
Sector: Mining & quarrying
Country: India
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 165
The report highlights HOEC's FY 2019-20 entry into India's Western Offshore through the B-80 project, including two successfully drilled subsea wells with production potential of around 8000 boepd. It also reports a sound health and safety record, including zero fatalities accident rate and zero oil spill incidents in the HSE KPI table. Environmental initiatives included solar lamps, water recycling and gas-flaring minimization. CSR activities covered education, clean water, rural development, health and relief measures, with ₹ 62.59 Lakhs spent during the year.
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