Oil and Natural Gas Corporation (ONGC) said Saturday that Ved Prakash Mahawar took over as director - onshore. He replaced Ashok Verma, who superannuated on last Friday.

"As director (onshore), a board level position, he will be directly looking after all the onshore operations spread across the country which significantly contribute towards ONGC's overall physical performance,'' the company said.

Prior to his joining the present  assignment he has been OSD (onshore) at Delhi for some time before which he was heading Tripura Asset of ONGC as executive director-asset manager.

''Under his leadership, Tripura Asset saw increase in gas production by more than two folds. During his tenure ONGC commenced supplying gas for both units of ONGC Tripura Power Company-OTPC. He has also been instrumental in monetisation of two discovered fields, putting them on production," the company said.

Shares of the company gained Rs 0.45, or 0.16%, to trade at Rs 273.50. The total volume of shares traded was 359,653 at the BSE (2.47 p.m., Monday).