Petrotech-2019
mopng ONGC FIPI

About O&G@20

Collaboration between the traditional hydrocarbon sector and innovative startups can play a major role in addressing the challenge of meeting the rising demand for energy and bringing down emissions.

As part of an initiative to foster, nurture and incubate new ideas from startups, 10 oil & gas PSUs (ONGC, OIL, IOCL, BPCL, HPCL, MRPL, GAIL, EIL, NRL and Balmer Lawrie) have earmarked a fund of Rs 300 crore to promote entrepreneurship among young Indians. The initiative aims to create an ecosystem that will enable energy startups with innovative technologies to grow, aided by mentoring, funding and incubation support from established oil and gas PSUs.

O&G@20 at Petrotech

The first edition of O&G@20 will be launched at PETROTECH 2019 - a biennial International hydrocarbon conference and exhibitions held under the aegis of Union Ministry of Petroleum & Natural Gas organized jointly by Federation of Petroleum Industry (FIPI) & Oil and Natural Gas Corporation (ONGC).

Aims & Benefits

O&G@20 aims to bring together key stakeholders from the government, investors, industry to support and reward and recognise startups with the most innovative concepts and solutions for problems faced in the energy industry, particularly oil and gas. The programme gives startups an opportunity to collaborate with the broader ecosystem of investors, mentors and incubators, showcase their innovations, ideas and solutions, and take them to the next stage.

Aims
  • Stimulate, foster and enhance strategic research and innovation capabilities in the oil & gas industry for addressing its short-term needs and building a sustainable ecosystem.
  • Enable startups on their own or in public private partnership (PPP) mode to realise their potential in terms of products and processes for the oil & gas industry.
  • Prioritise early stage funding for high risk innovative research and product development in small and medium companies in the energy sector.
Benefits
  • Interact with experts in the global oil & gas ecosystem.
  • Present their case to corporates venture capital, investors, mentors, and other key stakeholders.
  • Get access to funding and incubation support from companies in the sector.
  • Top three teams will also win tablet computers - two per team.

The Pitching Session

Registrations were closed on 15th January 2019.

Entries from Innovative start-ups associated with the following major areas in the energy sectors are being short-listed out of a two-stage evaluation process for O&G@20 Pitching Session.

20 outstanding entries will be allowed to pitch before an expert panel in the Pitching Session of ‘O&G@20’ on February 10, 2019.

We cordially invite you to witness the Pitching Session of the O&G@20 start-ups on 10th February 2019 at India Expo Mart, greater Noida, New Delhi-NCR.

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