Incident at OIL well plinth

An incident occurred at well plinth NHK 162 of OIL at Western Asset Mine in Assam at around 3:05 pm on 14.02.2024 during bleeding of hydrotest water through 2" bleed line. While opening the 2" valve fitted in the part of artery line connection, the said valve and the bleed line got unexpectedly dislodged causing fatal injury to one contractor employee working in the vicinity. The employee was immediately rushed to OIL hospital at Duliajan for medical treatment. Despite immediate medical attention, the employee succumbed to his injuries at 5:00 pm on 14.02.2024. Oil India deeply mourns the unfortunate death of the employee. An internal enquiry is being conducted for a thorough investigation and OIL is committed to taking all necessary measures to prevent recurrence of such accidents in the future.

Shares of Oil India Limited was last trading in BSE at Rs. 498.95 as compared to the previous close of Rs. 470.35. The total number of shares traded during the day was 374121 in over 8579 trades.

The stock hit an intraday high of Rs. 504.55 and intraday low of 459.05. The net turnover during the day was Rs. 182067597.00.

Source : Equity Bulls

Keywords

OilIndia INE274J01014 Incident WesternAssetMine Assam