What does AOD mean in COMPANIES & FIRMS
An abbreviation stands for a short form of a longer phrase or word used for convenience. In the business world, acronyms are commonly used as an efficient way to communicate information quickly and precisely. AOD is one such acronym that stands for Assam Oil Division and is widely used in the Indian business sector. This article provides an explanation of what AOD stands for and what it means in a business context.
AOD meaning in Companies & Firms in Business
AOD mostly used in an acronym Companies & Firms in Category Business that means Assam Oil Division
Shorthand: AOD,
Full Form: Assam Oil Division
For more information of "Assam Oil Division", see the section below.
Essential Questions and Answers on Assam Oil Division in "BUSINESS»FIRMS"
What is AOD?
AOD stands for Assam Oil Division. It is a part of the Indian oil and Natural Gas Corporation (ONGC) and operates in Assam. The division produces, transports and markets oil and gas products to meet the energy needs of India.
What products does AOD produce?
AOD produces various petroleum products such as crude oil, high speed diesel, lubricants, petrol and natural gas. The division also has refining capabilities to convert crude oil into finished products like furnace oil and bitumen for commercial use.
How large is the Assam Oil Division?
Assam Oil Division is one of the largest production divisions in ONGC. It covers an area of more than 7300 sq km across 12 districts in Assam comprising over 800 wells, 400 kilometres of pipeline network and four processing units.
What are the services provided by AOD?
AOD provides a variety of services including exploration & production (E&P), offshore drilling, LNG infrastructure projects, retail sales & distribution network development, research & development activities and refinery operations management among many other services.
Does AOD export its products outside India?
Yes, AOD exports a portion of its crude oil and refined petroleum products to international markets such as Bangladesh, Myanmar and China to meet their energy needs.
How does AOD ensure safe operation?
All operations conducted by Assam Oil Division are designed with safety as the primary concern. The division has stringent standards in place that must be followed while conducting all operations to ensure their safety for both personnel and environment protection.
What environmental initiatives does AOD undertake?
To mitigate its impact on environment, Assam Oil Division follows sustainable policies which include promotion of natural resource conservation strategies like Waste Minimization Practices (WMPs). Other initiatives taken by the division include afforestation programmes as well as regular Environmental Impact Assessment (EIA) studies prior to any major operations.
Final Words:
In conclusion, AOD stands for Assam Oil Division which operates under the umbrella organisation Oil India Limited (OIL). The primary purpose of this division is to explore, produce, refine, store and supply crude petroleum products across the country. It also invests heavily on research and development activities related to digitalisation and modernisation of oilfields using sophisticated technologies like Artificial Intelligence (AI). In terms of business applications, AOD provides specialised services including testing and metering systems tailored according to customer needs along with advanced security arrangements at every stage during its life cycle hence providing businesses ample opportunities for cost optimisations across operations.
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