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Vepa Venkateswara Prasad Retires as ONGC Executive Director After Three Decades of Distinguished Service

Vepa Venkateswara Prasad retired after three decades of pioneering leadership and innovation in drilling operations.
Indian Masterminds Stories

New Delhi: Vepa Venkateswara Prasad, Executive Director of Oil and Natural Gas Corporation Limited (ONGC), superannuated on August 20, 2025, after serving the organization for over three decades. His career, spanning rig-floor operations to corporate leadership, reflects dedication, innovation, and excellence in India’s energy sector.

From Graduate Trainee to Apex Leadership

Prasad began his journey with ONGC as a Graduate Trainee in Drilling Services. Over the years, he rose through the ranks to head drilling operations at the apex level. His career is widely regarded as a story of grit, growth, and leadership, inspiring many within the organization.

A technocrat with a Master’s degree in Mechanical Engineering and advanced management credentials, Prasad worked extensively across onshore and offshore locations. His assignments spanned some of the toughest drilling basins in India, contributing significantly to ONGC’s operational success.

Also Read: ₹39.42 Cr Pact: ONGC Energy Centre and EIL to Build Helium Recovery Demonstration Plant in Tamil Nadu

Driving Efficiency and Innovation in Drilling

As Executive Director, Prasad played a pivotal role in ensuring ONGC consistently achieved its annual drilling targets. He oversaw operations in both Western and Eastern offshore shallow waters, while championing new technologies, cost optimization, and HSE excellence.

He was instrumental in adopting innovative drilling practices such as Casing While Drilling (CWD), Logging While Drilling (LWD), and several system-driven efficiency improvements. His coordinated efforts with the Directorate General of Shipping enabled the implementation of MODU 89, which brought critical relief to India’s drilling industry.

A Leader with a People-First Approach

Beyond his technical and managerial achievements, Prasad was admired for his calm leadership and people-first philosophy. Known as a disciplinarian with a humane touch, he mentored generations of drilling professionals, instilling resilience, pride, and discipline in his teams. His legacy continues to inspire ONGC’s workforce.

About ONGC

Oil and Natural Gas Corporation Limited (ONGC), headquartered in New Delhi, is India’s largest oil and gas PSU under the Ministry of Petroleum and Natural Gas. Established in 1956, ONGC is a Fortune 500 company engaged in oil exploration, production, and energy security, contributing nearly 71% of India’s domestic crude oil and natural gas production.

Also Read: ONGC Becomes First Indian PSU to Conduct Double Materiality Assessment, Marks Sustainability Milestone


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