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List of Oil and Gas Companies in India: B2B Directory

Projects India tracks 1,285 upcoming petroleum oil and gas projects across India, backed by promoters ranging from ONGC and Indian Oil to Adani Gas and Vedanta. This directory maps the most active companies, their locations and project stages for B2B sales and EPC teams.

NS
Nitisha ShindeResearch Desk, Projects India

9 min read · 1,613 words
List of Oil and Gas Companies in India: B2B Directory

India's list of oil and gas companies spans public sector giants, private conglomerates and specialist upstream explorers. Projects India currently tracks 1,285 upcoming petroleum oil and gas projects across the country, of which 561 are verified, carrying a combined recorded cost of approximately Rs 6.99 lakh crore. The promoters behind these projects range from ONGC and Indian Oil Corporation to Reliance Industries, Vedanta and a growing cohort of compressed biogas entrepreneurs.

Most Active Oil and Gas Companies in India by Project Count

The table below is drawn from our database and lists every promoter with a meaningful project pipeline in the petroleum oil and gas segment. Combined recorded cost figures are shown only where our records contain cost data against those projects.

Promoter Projects tracked Combined recorded cost
Petroleum and Natural Gas Regulatory Board 132 Rs 47,581 crore
Indian Oil Corporation Limited 83 Rs 27,716 crore
Vedanta Limited 81 Rs 75,008 crore
Oil and Natural Gas Corporation Limited 74 Rs 1.6 lakh crore
Bharat Gas Resources Limited 33 —
Oil India Limited 30 Rs 838 crore
GAIL India Limited 25 Rs 37,335 crore
Hindustan Petroleum Corporation Limited 24 Rs 34,645 crore
Adani Gas Limited 18 Rs 5,330 crore
Bharat Petroleum Corporation Limited 16 Rs 3,031 crore
Torrent Gas Private Limited 15 Rs 1,500 crore
GAIL Gas Limited 13 —

The promoter landscape spans three distinct tiers. The upstream exploration segment is led by ONGC and Oil India Limited, both of which hold large recorded capex portfolios. The midstream pipeline and city gas distribution segment is shaped by PNGRB-authorised projects, GAIL India, GAIL Gas and Adani Gas. The downstream refining and marketing tier features Indian Oil, HPCL and BPCL. Private players — Vedanta, Reliance Industries, Adani Enterprises and Great Eastern Energy Corporation — add significant upstream and alternate-fuel volume. As the chart below shows, these promoters are spread across a large and active project universe.

Most active promoters — Petroleum Oil & Gases in India (projects)
Most active promoters — Petroleum Oil & Gases in India (projects) — Petroleum and Natural Gas Regulatory Board: 132; Indian Oil Corporation Limited: 83; Vedanta Limited: 81; Oil and Natural Gas Corporation Limited: 74; Bharat Gas Resources Limited: 33; Oil India Limited: 30; GAIL India Limited: 25; Hindustan Petroleum Corporation Limited: 24; Adani Gas Limited: 18; Bharat Petroleum Corporation Limited: 16Petroleum and Natural Gas Regulat…132Indian Oil Corporation Limited83Vedanta Limited81Oil and Natural Gas Corporation L…74Bharat Gas Resources Limited33Oil India Limited30GAIL India Limited25Hindustan Petroleum Corporation L…24Adani Gas Limited18Bharat Petroleum Corporation Limi…16
Source: Projects India database, October 2026

Largest Individual Oil and Gas Projects in India

For EPC contractors and major equipment suppliers, individual project size matters as much as aggregate company activity. The table below lists the highest-value upcoming projects that Projects India tracks in the petroleum oil and gas segment, drawn directly from our database as of October 2026.

Project Promoter Location Recorded cost Stage
Refinery Project at Pachpadra, Barmer HPCL Rajasthan Refinery Limited Barmer, Rajasthan Rs 43,129 crore Under Approvals
Petroleum Oil and Gases Project, Krishna-Godavari Basin Oil and Natural Gas Corporation Limited Maharashtra (offshore) Rs 34,012 crore Construction Started
Numaligarh Refinery Expansion Numaligarh Refinery Limited Golaghat, Assam Rs 28,026 crore Construction Started
Oil Exploration Project, Raniganj Great Eastern Energy Corporation Limited Bardhaman, West Bengal Rs 27,200 crore Planning
Petroleum Gas Project, Chhattisgarh Adani Enterprises Limited Chhattisgarh Rs 25,000 crore Planning
Petroleum Products Expansion, Visakhapatnam Hindustan Petroleum Corporation Limited Gorakhpur, Uttar Pradesh Rs 20,928 crore Under Approvals
Compressed Biogas Project, Kolkata Reliance Industries Limited Kolkata, West Bengal Rs 20,000 crore Construction Started
Off-shore Well Drilling, KG Offshore Oil and Natural Gas Corporation Limited East Godavari, Andhra Pradesh Rs 16,200 crore Under Approvals
Green Diesel and Compressed Biogas, Noida–Mau Nexgen Green Fuels Private Limited Mau, Uttar Pradesh Rs 15,000 crore Hold
Gas Pipeline, Multi States GAIL India Limited Maharashtra Rs 12,940 crore Construction Started
Crude Oil Pipeline, Numaligarh–Odisha Numaligarh Refinery Limited Odisha Rs 11,000 crore Under Approvals
Gas Pipeline, Paradip–Surat–Jagatsingpur Petroleum and Natural Gas Regulatory Board Surat, Gujarat / Jagatsingpur, Odisha Rs 10,281 crore Under Approvals
LPG Pipeline, Kandla–Gorakhpur Petroleum and Natural Gas Regulatory Board Kachchh, Gujarat / Ujjain, MP / Uttar Pradesh Rs 9,000 crore Planning

Several of these projects are already in construction, which means active procurement is underway. Projects at the Under Approvals or Planning stage represent near-term pipeline opportunities for vendors who begin engagement early. Suppliers interested in oil and gas EPC contractor networks will find these project entries useful for identifying who the lead engineering firms are likely to be.

Where Oil and Gas Demand Is Concentrated: States and Project Stages

Maharashtra leads all states in project count, followed by Uttar Pradesh, Gujarat, Madhya Pradesh and Andhra Pradesh. Assam and Rajasthan have significant upstream and refining weight despite lower total counts. The state breakdown reflects both legacy production infrastructure and new pipeline and city gas distribution buildout, as the chart below shows.

Upcoming projects by state — Petroleum Oil & Gases in India
Upcoming projects by state — Petroleum Oil & Gases in India — Maharashtra: 261; Uttar Pradesh: 195; Gujarat: 165; Madhya Pradesh: 90; Andhra Pradesh: 74; Assam: 67; Rajasthan: 61; Bihar: 48; Tamil Nadu: 44; Karnataka: 43Maharashtra261Uttar Pradesh195Gujarat165Madhya Pradesh90Andhra Pradesh74Assam67Rajasthan61Bihar48Tamil Nadu44Karnataka43
Source: Projects India database, October 2026

Breaking down all projects in our database by pipeline stage reveals that the majority — 550 projects — are Under Approvals, making this the single largest cohort. A further 323 have Construction Started, meaning active site work and ongoing procurement. The Planning stage holds 247 projects, representing the early-identification window that B2B sales teams value most. As the chart below shows, the pipeline has depth across every stage.

Projects by stage — Petroleum Oil & Gases in India
Projects by stage — Petroleum Oil & Gases in India — Under Approvals: 550; Construction Started: 323; Planning: 247; Approvals Received: 74; Completed: 49; Hold: 43; Early / Announced: 34; Nearly Completion: 14; Cancelled: 5Under Approvals550Construction Started323Planning247Approvals Received74Completed49Hold43Early / Announced34Nearly Completion14Cancelled5
Source: Projects India database, October 2026

Of the 40 projects added to our database in the most recent 90-day window, several are compressed biogas and CBG plant projects spread across Andhra Pradesh, Tamil Nadu, Madhya Pradesh, Uttar Pradesh and Odisha. Indian Oil Corporation also added an LPG Bottling Plant project at Kolasib, Mizoram (Rs 225 crore, Under Approvals) during this period. This pace of new entries — 40 in the latest quarter against 60 in the quarter before — shows that new project announcements in the sector continue at a steady rate, with alternate-fuel projects forming a growing share of additions.

How to Approach Oil and Gas Companies in India

The stage of a project determines who is buying and what they are buying. Understanding this is more useful than a static list of oil and gas companies in India, because the same company plays a different procurement role depending on where each project sits.

Planning and Early / Announced stage

At this stage the promoter is typically finalising project scope, technology selection and land acquisition. The relevant contacts are within the project development, business development or corporate strategy function. Vendors who can provide feasibility inputs, technology assessments or pre-FEED services have an entry point. The 247 projects currently at Planning stage in our database represent this window.

Under Approvals stage

The 550 projects at this stage have defined scope but are awaiting statutory clearances — environmental, regulatory or financial. EPC contractors should be developing relationships with the project team during this period. Equipment vendors with long-lead items (compressors, heat exchangers, control systems) should be engaging now, because once approvals are received, procurement timelines compress. A project's procurement team is often formed before approvals are complete.

Approvals Received and Construction Started

The 74 projects with Approvals Received and 323 with Construction Started are in active procurement. For large EPC packages the lead contractor is often already selected at Construction Started; subcontractor and material supplier opportunities remain open throughout. Civil works, piping, electrical and instrumentation packages are frequently tendered separately. Live government tenders on Projects India surface many of these packages as they are issued.

Hold stage

The 43 projects on Hold should not be written off. Projects re-enter active status when financing is secured, regulatory issues are resolved or commodity prices shift. Monitoring them is worthwhile for suppliers who want advance notice when a project restarts.

For private sector promoters — Vedanta, Reliance, Adani Enterprises, Great Eastern Energy, Nexgen Green Fuels — the procurement chain typically runs through a corporate projects or capital procurement team, sometimes augmented by an appointed project management consultant. For public sector undertakings such as ONGC, IOCL, HPCL and BPCL, procurement follows defined tender processes and empanelment requirements. VendorConnect, our contractor and supplier directory, helps teams establish the right introductions before formal tenders are floated.

What This Means for Suppliers and EPC Contractors

A downloadable PDF list of oil and gas companies in India is a starting point, not a sales tool. By the time a static list is compiled and distributed, project stages have moved, contacts have changed and tenders have been issued. The 1,285 upcoming projects that Projects India tracks — covering upstream exploration, midstream pipelines and city gas networks, and downstream refining and alternate fuels — represent a live opportunity set that changes every week.

For EPC contractors, the most immediate opportunities are the 323 projects already in construction and the 74 with approvals received. Subcontractor packages, civil and structural works, and mechanical erection contracts are typically tendered during this phase. The Rs 34,012 crore ONGC KG Basin project and the Rs 28,026 crore Numaligarh Refinery expansion are both in construction and represent sustained multi-year procurement activity.

For equipment and material suppliers, the Under Approvals cohort (550 projects) is the most valuable prospecting list. Engaging promoters and their EPC partners before tenders are issued allows vendors to get onto approved vendor lists, influence specifications and avoid the compressed timelines of post-award procurement.

For consultants and project management firms, the Planning stage projects — including the Rs 27,200 crore Great Eastern Energy exploration project in West Bengal and the Rs 25,000 crore Adani Enterprises gas project in Chhattisgarh — are where mandates are awarded. Early engagement with promoter project development teams is the entry point.

The alternate-fuel segment — compressed biogas, CBG plants and green diesel — is adding new promoters to the market rapidly. Many of these are first-time project developers unfamiliar with procurement norms, which creates an early-mover advantage for vendors who can provide technical and commercial support alongside supply.

Teams looking to build a systematic pipeline from India's oil and gas project universe can explore the full petroleum oil and gas project database, review the projects intelligence platform for verified project details and decision-maker data, or request a free sample project report to assess data depth before subscribing. Related sector activity — including steel, pharma and industrial projects that share EPC contractor and material supplier pools — is covered in our Upcoming Industrial Projects in Tamil Nadu 2026 and Upcoming Projects in Odisha guides.

Frequently asked questions

How many oil and gas companies are active with projects in India right now?

Projects India tracks 1,285 upcoming petroleum oil and gas projects across India as of October 2026. The most active promoters include ONGC (74 projects), Indian Oil Corporation (83 projects), Vedanta Limited (81 projects) and PNGRB-authorised entities (132 projects), alongside private players such as GAIL, HPCL, BPCL, Adani Gas and Torrent Gas.

Which are the top upstream oil and gas exploration companies in India?

Among upstream exploration companies, Oil and Natural Gas Corporation Limited leads with 74 projects tracked and a combined recorded cost of approximately Rs 1.6 lakh crore. Oil India Limited tracks 30 projects. Great Eastern Energy Corporation Limited has a Rs 27,200 crore exploration project at Raniganj, West Bengal, currently at the Planning stage.

Which states have the most oil and gas projects in India?

Maharashtra leads with 261 projects, followed by Uttar Pradesh (195), Gujarat (165), Madhya Pradesh (90), Andhra Pradesh (74), Assam (67) and Rajasthan (61). Assam and Rajasthan carry significant upstream and refining weight despite their lower total project counts.

What is the difference between a static PDF list of oil and gas companies and a live database?

A downloadable PDF captures a single point in time. Projects India's live database updates continuously — 40 new petroleum oil and gas projects were added in the most recent 90-day period alone. Live records include current project stage, recorded cost, location and promoter details, allowing B2B teams to time their outreach accurately.

Which private oil and gas companies in India have the largest project pipelines?

Vedanta Limited leads private sector promoters with 81 projects and a combined recorded cost of Rs 75,008 crore. Reliance Industries has a Rs 20,000 crore compressed biogas project in Kolkata under construction. Adani Enterprises has a Rs 25,000 crore petroleum gas project in Chhattisgarh at the Planning stage. Great Eastern Energy and Nexgen Green Fuels are also active.

When is the best time for EPC contractors to approach oil and gas project owners in India?

The Under Approvals stage — currently the largest cohort with 550 projects in Projects India's database — is the optimal entry point for EPC contractors. Approaching promoters before approvals are finalised allows firms to influence scope, join approved vendor lists and position for EPC or subcontract packages before formal tenders are issued.

Get the full list of 1,340 Petroleum Oil & Gases projects in India

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NS
About the authorNitisha Shinde · Research Desk, Projects India

Nitisha Shinde leads the research desk at Projects India, which tracks upcoming private and government projects, tenders and awarded contracts across 51 sectors in India.

This article was drafted with AI assistance from Projects India's own project and tender records, then reviewed and approved by our research desk before publication.

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