Oil and gas companies in Chennai play a significant role in the city’s industrial landscape. Chennai, a major economic hub in South India, hosts several prominent oil and gas firms involved in the exploration, production and distribution of energy resources. These companies not only drive economic growth but also contribute to the demand for commercial and residential real estate in the region. The presence of these industries often leads to increased infrastructure development and employment opportunities, influencing the real estate market in Chennai.
See also: Top solar companies in Chennai
Business landscape in Chennai
Chennai, the capital of Tamil Nadu, boasts a diverse business landscape driven by key sectors such as information technology (IT), manufacturing, automotive, healthcare and finance. It is often referred to as the ‘Detroit of India’ due to its prominence in the automobile industry. The city houses IT parks, special economic zones and a growing startup ecosystem. With its strategic location, skilled workforce and robust infrastructure, Chennai continues to attract investments, making it a vital contributor to India’s economic growth.
Top oil and gas companies in Chennai
Chennai Petroleum Corporation
Industry: Petroleum, Oil, Gas, Refineries
Sub-industry: Petrol, Oil, Gas Products, Refineries
Company type: India’s Top 500
Location: Teynampet, Chennai, Tamil Nadu 600018
Founded in: 1965
Chennai Petroleum Corporation is a British-owned company, part of the UK-based Vedanta Resources Limited. Established in 1965, CPCL operates as a subsidiary of Vedanta and is involved in the refining and marketing of petroleum and petrochemical products. The company plays a significant role in the oil and gas sector in Chennai and contributes to the region’s industrial landscape.
BGR Energy Systems
Industry: Environment, Cleantech, Recycling, Waste Management, Petroleum, Oil, Gas, Refineries, Power, Green Energy, Engineering
Sub-industry: Environment Engineering, Equipments, Machineries, Instruments, Machineries & Equipments
Company type: India’s 501-1000
Location: Teynampet, Chennai, Tamil Nadu 600018
Founded in: 1985
BGR Energy Systems is an Indian company. Established in 1985, it is headquartered in Chennai and is involved in providing a wide range of services and products for various industries, including power, oil and gas and industrial projects. BGR Energy Systems specialises in engineering, procurement and construction (EPC) services and has made significant contributions to the energy and infrastructure sectors in India.
L&T Energy Hydrocarbon
Industry: Oil and gas
Company Type: Corporate
Location: Mount Poonamalle Road, Manapakkam-600125
Founded in: 2009
L&T Energy Hydrocarbon is a prominent company in the oil and gas sector engaged in providing end-to-end solutions, from exploration to production. With a history spanning several decades, the company is known for its innovative approach and commitment to sustainability. It has undertaken major projects in offshore and onshore drilling, refining, and petrochemical production. L&T Energy Hydrocarbon is also known for its high-quality products, which meet global standards.
Reliance Industries
Industry: Oil & Gas
Sub-industry: Petrochemicals
Company type: Indian MNC
Location: 16th Floor, Dr Gopal Das Bhawan 28, Barakhamba Road New Delhi – 110001
Founded in: 1977
Reliance Industries, a leading player in the oil and gas sector, which operates across various segments, including exploration, production, refining, and marketing of petroleum and petroleum products. The company has a global presence and is known for its cutting-edge technology and sustainable practices. It has executed numerous major projects, both in India and abroad, contributing significantly to the energy sector. Reliance Industries is committed to innovation and has diversified its portfolio to include telecommunications, retail and digital services.
GAIL (India) Limited
Industry: Natural Gas
Company type: Corporate
Location: GAIL Bhawan, 16 Bhikaji Cama Place, R K Puram, New Delhi – 110066
Founded in: 1984
GAIL (India) is a state-owned natural gas processing and distribution company in India. It has been instrumental in the development of the natural gas sector in the country. The company is involved in the exploration, production, transmission, distribution and marketing of natural gas. It also has a significant presence in the petrochemical industry. GAIL is known for its extensive pipeline network that spans thousands of kilometre, ensuring the efficient and reliable supply of natural gas to various sectors of the economy. With focus on sustainability and environmental conservation, GAIL (India) continues to be a major player in the oil and gas industry, contributing to India’s energy security and economic growth.
Manali Petrochemicals
Industry: Petroleum, Oil, Gas, Refineries
Sub-industry: Petrol, Oil, Gas Products
Company type: India’s 501-1000
Location: Guindy, Chennai, Tamil Nadu 600032
Founded in: 1986
Manali Petrochemicals is an Indian company established in 1986 and is headquartered in Chennai. The company primarily operates in the petrochemical industry and is involved in the manufacturing and marketing of petrochemical products such as propylene glycol, glycol ethers and speciality chemicals. Manali Petrochemicals has played a crucial role in India’s chemicals and petrochemicals sector and has a significant presence in the industry.
Raj Petro Specialities
Industry: Petroleum, Oil, Gas, Refineries
Sub-industry: Petrol, Oil, Gas Products
Company type: India’s 501-100
Location: Harrington Road Chetpet, Chennai -600031
Founded in: 1994
Raj Petro Specialities is an Indian company and not of British origin. It was founded in 1994 and is headquartered in Chennai, India. The company operates in the field of speciality lubricants and provides a wide range of lubricant products for various industrial applications. Raj Petro Specialities has established itself as a prominent player in the lubricants industry in India and serves both domestic and international markets.
Hindustan Oil Exploration
Industry: Petroleum, Oil, Gas, Refineries
Sub-industry: Exploration, Production, Storage
Company type: Industry Top
Location: Abiramapuram, Chennai, Tamil Nadu 600018
Founded in: 1983
Hindustan Oil Exploration Company is not a British company; it is an Indian company. HOEC was established in 1983, and its headquarters are located in New Delhi. The company is primarily engaged in the exploration, development, and production of oil and natural gas in India. HOEC has been involved in various oil and gas projects in different parts of the country, contributing to India’s energy sector.
Shell India Markets
Industry: Petroleum, Oil, Gas, Refineries
Sub-industry: Exploration, Production, Storage, Distribution, Marketing
Company type: MNC
Location: Perungudi, Chennai, Tamil Nadu 600096
Founded in: 1994
Shell India Markets is a subsidiary of Royal Dutch Shell, which is a British-Dutch multinational company. Shell India Markets, commonly known as Shell India, was established in 1994. It operates in the energy and petrochemical sectors in India. Shell is involved in various activities, including the marketing and distribution of petroleum products, natural gas production and exploration, and the development of renewable energy solutions in the country.
Petrofac Engineering India
Industry: Petroleum, Oil, Gas, Refineries
Sub-industry: Exploration, Production, Storage
Company type: MNC
Location: Manapakkam, Chennai, Tamil Nadu 600089
Founded in: 2004
Petrofac Engineering India is a subsidiary of Petrofac Limited, a British multinational company providing services to the oil and gas industry. Petrofac Engineering India was established in India in 2004. It operates in the energy sector and offers a wide range of services, including engineering, procurement, construction, and project management for various oil and gas projects.
Oil and Natural Gas Corporation (ONGC )
Industry: Petroleum, Oil, Gas, Refineries
Sub-industry: Exploration, Production, Storage, Distribution, Marketing
Company type: India’s Top 500
Location: Egmore, Chennai, Tamil Nadu 600008
Founded in: 1956
The Oil and Natural Gas Corporation (ONGC) was established on August 14, 1956, and it is headquartered in Dehradun, India. Owned by the Indian government, it is one of the largest oil and gas exploration and production companies in India. ONGC is engaged in diverse aspects of the oil and gas industry, including exploration, production, refining and marketing of petroleum and petroleum products.
Air Liquide Global E&C Solutions
Industry: Petroleum, Oil, Gas, Refineries, Engineering
Sub-industry: Designing & Services, Exploration, Production, Storage
Company type: MNC
Location: Okkiyam Thoraipakkam Chennai Tamil Nadu – 600 097
Founded in: 1902
Air Liquide Global E&C Solutions is not a British company; it is a subsidiary of Air Liquide, a French multinational company. Air Liquide Global E&C Solutions is involved in engineering and construction activities related to industrial gases and energy infrastructure. The establishment year for its parent company, Air Liquide, is 1902.
Petronas Lubricants India
Industry: Petroleum, Oil, Gas, Refineries
Sub-industry: Distribution, Marketing
Company Type: MNC
Location: Anna Salai, Chennai-600002
Founded in: 1974
Petronas Lubricants India is a subsidiary of Petroliam Nasional Berhad (PETRONAS), a Malaysian multinational oil and gas company. Petronas Lubricants India is involved in the production and distribution of lubricants and related products. The establishment year for its parent company, PETRONAS, is 1974.
Commercial real estate demand in Chennai
Office spaces: Chennai’s areas such as Guindy, Taramani and OMR are hotspots for IT and ITES companies, offering state-of-the-art office facilities. The city’s central business district, Nungambakkam, is a hub for corporate offices, while industrial areas such as Ambattur house manufacturing units and warehouses.
Rental properties: Chennai’s commercial rental market is dynamic, with options for businesses of all sizes. Prime areas often command higher rents, while emerging suburbs offer more affordable options. Flexible office spaces and coworking centres are also gaining popularity, providing cost-effective alternatives.
Chennai’s commercial real estate market is significantly influenced by its thriving IT and manufacturing sectors. The presence of IT giants, automotive companies and pharmaceutical firms has boosted the demand for office spaces and warehouses.
Impact of oil and gas companies in Chennai
The presence of oil and gas companies in Chennai has a profound impact on the city’s economy. These companies contribute to job creation, technological advancements and infrastructure development. Chennai serves as a major hub for refining and distribution, facilitating the supply of petroleum products across southern India.
FAQs
What are the big oil & gas companies in Chennai?
Some of the prominent oil & gas companies in Chennai are: Oil and Natural Gas Corporation (ONGC), Chennai Petroleum Corporation, BGR Energy Systems, Raj Petro Specialities, Hindustan Oil Exploration and Manali Petrochemicals.
Who is India's biggest oil supplier?
Russia is India's biggest oil supplier.
What are the contributions of the oil and gas industry?
The oil and gas industry supplies essential energy for global transportation, manufacturing, and electricity, driving economic growth and generating government revenue. However, it also faces environmental challenges due to emissions and must transition to cleaner energy sources.
What is the percentage contribution of the oil and gas sector to Indian GDP?
The oil and gas industry is one of India's core sectors, making up 15% of the country's Gross Domestic Product (GDP) and contributing significantly to the economy.
What are the three major sectors of the oil and gas industry?
Oil and gas industry comprises three main sectors: upstream for exploration and production, midstream for transportation and storage and downstream for refining and marketing.
What are the five main industries in India's economy?
The five main industries in India's economy are agriculture and farming, manufacturing and industrial production, information technology and software services, banking and finance and oil and gas.
What are the booming real estate areas in Chennai?
Popular Chennai investment areas include Velachery, OMR (Old Mahabalipuram Road), Tambaram, Porur, Sholinganallur. They offer good infrastructure, proximity to schools, hospitals, shopping and have a strong rental market.
What is the economic status of Chennai?
Chennai’s economy is estimated at around $78.6-86 billion in terms of PPP GDP, as per reports.
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