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topbar IndianOil Chairman bags SCOPE Special Commendation Award

 


 

"Experience is not worth the getting. It's not a thing that happens pleasantly to a passive you--it's a wall that an active you runs up against."
― F. Scott Fitzgerald, The Beautiful and Damned

Rajeev Kushwah takes
charge as CVO, MRPL


Thesynergyonline Corporate Bureau


MANGALURU, APRIL 17 :
"In the business people with expertise, experience and evidence will make more profitable decisions than people with instinct, intuition and imagination."

Rajeev Kushwah, ITS, having 18 years of rich experience in telecom sector, has taken charge as the Chief Vigilance Officer (CVO) of Mangalore Refinery and Petrochemicals Limited (MRPL) recently

"Professionals never guess—they make it their business to know their business."
― Michelle Moore, Selling Simplified

He is an ITS officer of 1997 batch. He is an Electrical Engineering graduate with post graduation in Industrial Engineering from NITIE, Mumbai.

He is having 18 years of rich experience in telecom sector. He played a vital role in planning of transmission network for western India for the roll out of Broadband and Mobile services. In 2006, he was awarded with "Sanchar Seva Padak".

In his previous assignment, he was working as Director (Telecom Enforcement, Resources &Monitoring) with Department of Telecom. He played a crucial role in curbing illegal activitiesin Telecom sector, and to control clandestine operation of telecom networks. He was instrumental in planning, installation and commissioning of Centralized Monitoring System at Ahmedabad, for entire Gujarat License service area.

"Strange, strange are the dynamics of oil and the ways of oilmen." - Thomas Pynchon, Gravity's Rainbow
"The ribboned gallons that rule us like beliefs rooted in single experiences." - Cameron Conaway, Bonemeal
"There is earth below your earth, a deep room where gas and oil, rock and stone, circulate like slow blood through a body." - Mathew Henderson, The Lease
"If it's not one god it's another. Allah or oil. Jesus or Jewels. Lenin or lust." - Victor Robert Lee, Performance Anomalies

IndianOil revises upward diesel andpetrol prices

Increase in selling price of petrol by Rs 1.39/litre (excluding State levies)
Increase in selling price of diesel by Rs 1.04/litre (excluding State levies)
 

 

Thesynergyonline Corporate Bureau


NEW DELHI, APRIL 15 :
Indian Oil Corporation Ltd IndianOil) . has decided to effect the following price changes from midnight of April 15 / 16, 2017 :

• Increase in selling price of petrol by Rs. 1.39/litre (excluding State levies)
• Increase in selling price of diesel by Rs. 1.04/litre (excluding State levies)


The current level of international product prices of peetrol and diesel and INR-US$ exchange rate warrants increase in selling price of Petrol and Diesel, the impact of which is being passed on to the consumers with this price revision.

The movement of prices in the international oil market and INR-US$ exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes.


Also, IOCL intends to shortly start daily changes in price of Petrol and Diesel based on movement of prices in international market, on pilot basis, in the cities of Udaipur, Jamshedpur, Pondicherry,Chandigarh and Vizag

"Strange, strange are the dynamics of oil and the ways of oilmen." - Thomas Pynchon, Gravity's Rainbow
"The ribboned gallons that rule us like beliefs rooted in single experiences." - Cameron Conaway, Bonemeal
"There is earth below your earth, a deep room where gas and oil, rock and stone, circulate like slow blood through a body." - Mathew Henderson, The Lease
"If it's not one god it's another. Allah or oil. Jesus or Jewels. Lenin or lust." - Victor Robert Lee, Performance Anomalies
"There is earth below your earth, a deep room where gas and oil, rock and stone, circulate like slow blood through a body." - Mathew Henderson, The Lease

"Cultivation of mind should be the ultimate aim of human existence." -B R Ambedkar

MRPL celebrates Ambedkar Jayanti

Thesynergyonline Corporate Bureau
Mr H Kumar, Managing Director, MRPL unveiling a bust of Babasaheb Ambedkar in the Administration building 


Lost rights are never regained...
"Lost rights are never regained by appeals to the conscience of the usurpers, but by relentless struggle.... Goats are used for sacrificial offerings and not lions." - B.R. Ambedkar, Writings And Speeches: A Ready Reference Manual
Dogma of Mill
"Every man who repeats the dogma of Mill that one country is no fit to rule another country must admit that one class is not fit to rule another class."
"We must stand on our own feet ..."
. "We must stand on our own feet and fight as best as we can for our rights. So carry on your agitation and organize your forces. Power and prestige will come to you through struggle"
Progress of community
"I measure the progress of a community by the degree of progress which women have achieved."
Men are mortal
"Men are mortal. So are ideas. An idea needs propagation as much as a plant needs watering. Otherwise both will wither and die."
Cultivation of mind
"Cultivation of mind should be the ultimate aim of human existence".
History shows...
"History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them. - B.R. Ambedkar
Conviction of justice
For a successful revolution it is not enough that there is discontent. What is required is a profound and thorough conviction of the justice, necessity and importance of political and social rights. – B.R. Ambedkar
 
MANGALURU , APRIL 15 : Mangalore Refinery and Petrochemicals Limited (MRPL) celebrated 126th birth anniversary of Dr Bhimrao Ramji Ambedkar on April 14 , 2017. On the occasion Mr H Kumar, Managing Director of MRPL unveiled a bust of Babasaheb Ambedkar in the Administration building at MRPL.


Speaking on the occasion he paid glowing tributes to the visionary leader. Coming from humble beginnings he rose to the highest levels in India with his hard work. He was the architect of our Constitution which is considered to be the best constitution in the world, he said. He is rightly referred to as the Father of Indian constitution and conferred the highest civilian award of Bharata Ratna, he added.


Later in the evening, Ambedkar Jayanti was celebrated in MRPL Employees Club. Shri M Venkatesh, Director(Refinery), Shri A K Sahoo, Director(Finance), Shri B H V Prasad, GGM(HR), Senior officers of MRPL, Office bearers of MRPL SC/ST Employees Welfare Association, employees and their family members were present on the occasion.


Dr Rajmohan B, Associate Professor, Dept. Of Chemical Engineering, NITK Surathkal was the chief guest. He spoke on the life and achievements of Dr B R Ambedkar and said that because of his efforts today weaker sections of our society are getting an opportunity to come up in life.


He elaborated the various government schemes available for progress of the weaker sections of society.

Mr A K Sahoo, Director (Finance) spoke on the occasion and said that even though many great many and women are born, we celebrate the birthday of very few, and Bharata Ratna Babasaheb Ambedkar is one such great personality he said.


Mr M Venkatesh, Director(Refinery) spoke and acknowledged the great contribution made by Shri Ambedkar for the upliftment of the oppressed classes.

He said MRPL is proud to have given equal opportunity to all sections of the society and the team work being displayed in MRPL with the contribution from all in achieving our goals. Later cultural programs were held on the occasion.

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"Great men are not born great, they grow great . . ."

IndianOil Chairman bags SCOPE
Special Commendation Award

Thesynergyonline Corporate Bureau

NEW DELHI, APRIL 11 : "COMMENDATION, n. The tribute that we pay to achievements that resembles, but do not equal, our own." - Ambrose Bierce

 

Mr B Ashok, Chairman, IndianOil, has been conferred the SCOPE Special Commendation Award for Excellence and Outstanding Contribution to Public Sector Management - Individual Leadership Category 1 (Maharatna & Navratna PSEs) 2014-15. The award was presented by President of India, Mr Pranab Mukherjee, at the Public Sector Day event hosted by SCOPE at Vigyan Bhavan in New Delhi on Tuesday.


Others present on the occasion were Mr. Anant Geete, Union Minister of Heavy Industries and Public Enterprises; Mr Babul Supriyo, Union Minister of State for Heavy Industries and Public Enterprises; Mr. UD Choubey, Director General of Standing Conference of Public Enterprises (SCOPE); and other noticeables.

 

 

  • Awards and ceremonies are all an applause centred around excellence

    "My meaning simply is, that whatever I have tried to do in life, I have tried with all my heart to do well; that whatever I have devoted myself to, I have devoted myself to completely; that in great aims and in small, I have always been thoroughly in earnest." - Charles Dickens, David Copperfield

  • Applause

    "The applause was so loud and insistent that I had to respond with several encores. I was numb with happiness, when it was over, I knew that this alone must be my life and my world." - Leni Riefenstahl

  • "Recognition"

    "The spaces between the perceiver and the thing perceived can [...] be closed with a shout of recognition." - Timothy Findley, The Wars

  • When an avalanche of applause follows !

    "You are blessed not because you work hard, but you are blessed because you do things right and treat other people right." - De philosopher DJ Kyos

  • Momentous moment

    "Few moments are so special that they should be recognized by special expressions."

 

The SCOPE awards have been instituted to recognise the contribution of Public Enterprises and outstanding PSU professionals for their seminal work and leadership qualities.


With over three-and-a-half decades of experience in the oil and gas industry, Mr Ashok, has been heading Indian Oil Corporation since July 2014. Under his leadership, IndianOil has shaped up as a more responsive, nimble and forward-looking business enterprise – by leveraging technology across business units, countrywide infrastructure and retailing network which caters to millions of customers each day.


Mr. Ashok is concurrently the Chairman of refining subsidiary Chennai Petroleum Corporation Ltd. and IOT Infrastructure & Energy Services Ltd., IndianOil's joint venture with Oiltanking GmbH of Germany. He is also the Vice-President of the Paris-based World LPG Association, the authoritative voice of the global LPG industry representing the full LPG value chain.

ONGC CMD Dinesh K Sarraf nominated
to governing body of CSIR

Thesynergyonline Corporate Bureau


UL class change on li hover
  • Mr. D K Sarraf, is the driving force of extraordinary growth of company and strategic approach to oil and gas exploration and production.
  • He has experience of over three and half decades in the oil and gas industry, having started his oil and gas career in Oil India .
  • He joined ONGC in 1991 and handled various key assignments at corporate offices. He was elevated to the post of Director (Finance) in ONGC Videsh in 2005 where he served till 2007/li>
  • In 2011, Mr. Sarraf went back to ONGC Videsh assuming the charge of Managing Director. As MD he transformed ONGC Videsh into an aggressive growth engine for ONGC Group by clinching many high value deals within a short span of time.
  • OPINIONATIVELY :
  • "Personality is an unbroken series of successful gestures." - F. Scott Fitzgerald, The Great Gatsby
 

NEW DELHI, APRIL 10 : The Prime Minister of India, in his capacity as ex-officio President of CSIR, has nominated ONGC Chairman and Managing Director Dinesh K Sarraf as member of the prestigious governing body of Council of Scientific and Industrial Research (CSIR).


Mr Sarraf has been nominated to the governing body of CSIR for a period of three years.

The governing body is the apex body of CSIR for all decision making processes.


CSIR is a leading scientific R&D organization set up with a mandate to promote guide and coordinate scientific and industrial research in the country with its 38 R&D laboratories and Institutes. Eminent and learned personalities from various fields are nominated to the governing body as members.


He has experience of over three and half decades in the oil and gas industry, having started his oil and gas career in Oil India Ltd. He joined ONGC in 1991 and handled various key assignments at corporate offices. He was elevated to the post of Director (Finance) in ONGC Videsh in 2005 where he served till 2007. During this period, ONGC Videsh made significant acquisitions in Syria, Brazil, Colombia, Venezuela, Cuba, Egypt and Myanmar. In December 2007, he joined back ONGC as Director (Finance).

 

In 2011 Mr Sarraf went back to ONGC Videsh assuming the charge of Managing Director. As MD he transformed ONGC Videsh into an aggressive growth engine for ONGC Group by clinching many high value deals within a short span of time. He was instrumental in several oil and gas acquisitions in Mozambique, Brazil and Azerbaijan by ONGC Videsh to ensure energy security for the country. In March, 2014, he joined back ONGC as its Chairman & Managing Director. As CMD, ONGC he has been focussing primarily on augmentation of production of Oil and Gas from domestic assets.

Mr D K Sarraf, is the driving force of extraordinary growth of company and strategic approach to oil and gas exploration and production. In the present environment when global oil and gas prices have plummeted, ONGC under his leadership is strongly emphasising on adoption of the best operational & cost practices and appropriate oil and gas technologies, for realisation of greater operational efficiencies. Under his leadership ONGC has made the biggest ever financial decision in its history, unveiling an investment of more than $5 Billion in the east coast oil and gas asset to enhance oil and gas production significantly.

 

Gajendra Singh takes charge as
Director (Marketing), GAIL

Thesynergyonline Corporate Bureau

An awesome picture

For me the diamond dawns are set In rings of beauty, And all my ways are dewy wet With pleasant duty. -John Townsend Trowbridge

"Our duty is to be useful, not according to our desires but according to our powers." - Henri-Frederic Amiel

 

NEW DELHI, APRIL 06 :
Mr Gajendra Singh has taken charge as Director (Marketing) of GAIL (India). He started his career in processing and interpreting of seismic data in upstream Industry, and possesses 32 years of illustrious career in hydrocarbon sector.

 

Mr Singh has been involved in the execution of several prestigious projects of GAIL starting from the HVJ and has held various leadership and strategic positions.

 

Some of these key roles where he has served as the Head of Department include General Manager (Gas Sourcing and Gas Marketing), Executive Director (Operations & Maintenance).


Prior to his appointment as Director (Marketing) Mr Gajendra Singh served as Executive Director (Marketing). He has been responsible to fulfil GAIL's vision to source and market natural gas from international and domestic sources; to facilitate capacity utilization of pipeline infrastructure, investment in new pipelines etc.

 

He has been managing company`s top line and bottom line through various Zonal offices located across India. He joined GAIL in Year 1986, having worked in ONGC in 1985.


IndianOil inks POL supply agreement
with Nepal Oil Corporation


Thesynergyonline Corporate Bureau

Mr P K Das, ED I/C (Supplies), IndianOil, and Mr Gopal Bahadur Khadka, Managing Director, NOC, exchanging documents post signing MoU in New Delhi in the presence of Mr Dharmendra Pradhan, MoS (I/c), Ministry of Petroleum and Natural Gas, GoI and Mr Deepak Bohara, Minister for Supplies, Government of Nepal, along with senior officials from MoP&NG India, Ministry of Supplies of Nepal, IndianOil and NOC.

Features of agreement:

• Release of BS-IV grade fuels to Nepal from IndianOil supply points with effect from 1st April 2017 to convert Nepal markets to the green fuel.

• Meeting the major requirements of POL products of Nepal by pipeline after the laying of the Patna-Motihari-Amlekhganj Pipeline. This pipeline will have the flexibility to receive products from IndianOil's Barauni & Haldia refineries.

• NOC may nominate, with prior written advice to IndianOil, any other supply point to uplift POL products.

 

 

NEW DELHI, MARCH 27 : A Memorandum of Understanding (MoU) for the supply of petroleum, oils, and lubricants (POL) products was signed here on Monday between Indian Oil Corporation Limited (IndianOil) and Nepal Oil Corporation (NOC) in the presence of Mr. Dharmendra Pradhan, Minister of State (Independent Change), Ministry of Petroleum and Natural Gas , the , Government of India, and Mr. Deepak Bohara, Minister for Supplies, the Government of Nepal, along with senior officials from MoP&NG, India; Ministry of Supplies of Nepal; IndianOil and NOC. 

 

The new supply agreement was inked by Mr. PK Das, Executive Director I/C (Supplies), IndianOil, and Mr. Gopal Bahadur Khadka, Managing Director, NOC.

Curiously, the supply of POL and LPG products from IndianOil to Nepal Oil Corp. started in 1974 when the first supply agreement was signed.

 

The agreement was renewed periodically. The supply agreement signed is for the period April 2017 - March 2022 and will meet NOC's full requirements of all the major POL products, including petrol, diesel, kerosene, aviation turbine fuel & LPG.

 

The new agreement is based on the concept of "Umbrella Agreement" by keeping the provisions of future MoUs / Agreements subsidiary to this.

 

A provision has been kept for collaboration in new fields like Engineering, Projects, Aviation Fuelling, Retail Sales, Petrochemicals, Business Developments & LPG ventures.

Dharmendra Pradhan launches CGD project implementation in Bhubaneswar and Cuttack

Thesynergyonline Corporate Bureau

An awesome picture

At this point of time it's a new era

This is the cusp of an age at least as exciting and as brimful of potential as the early days of the printing press.

 

BHUBNESHWAR, MARCH 18 :
We are at the dawn of a new era, the era of 'an economic development and convenience, ' as we like to call it, in Odisha fuelled by environment -friendly natural gas, Minister of State (Independent Charge) for Petroleum & Natural Gas Mr Dharmendra Pradhan on Saturday launched the implementation of City Gas Distribution (CGD) project in Bhubaneswar and Cuttack in the presence of Member of Parliament (Bhubaneswar) Dr Prasanna Kumar Patasani, Member of Parliament (Cuttack) Mr Bhartruhari Mahtab and other noticeables.


The event marked an important step towards the fulfilment of Prime Minister Mr Narendra Modi's dream of developing a gas-based economy and linking Eastern India to the country's Natural Gas Grid through the Jagdishpur – Haldia & Bokaro – Dhamra Natural Gas Pipeline (JHBDPL).

 

The pipeline, popularly known as 'Pradhan Mantri Urja Ganga', will pass through five states, i.e. Uttar Pradesh, Bihar, Jharkhand, Odisha and West Bengal and the longest stretch – 762 kms – will be built in Odisha.

Mr Dharmendra Pradhan also inaugurated the Odisha office of GAIL (India) which is implementing the pipeline as well as the CGD project.

The Bhubaneshwar CGD project will be built with a capital expenditure of around Rs 1,000 crore. It will benefit around 25 lakh people in Khordha district and around 2.5 lakh households will be supplied with environment friendly, safe and economic piped natural gas (PNG). Moreover, 24 CNG stations will be commissioned in the first three to five years to supply compressed natural gas (CNG) fuel to around 1 lakh vehicles.

Similarly, in Cuttack CGD project, the capital expenditure will be around Rs 750 crore. Around 26 lakh people will be benefitted by this project while 2.5 lakh households will get PNG connections. In addition, CNG will be available to 50,000 vehicles through 20 CNG stations which will be set up in next three to five years.

Natural Gas will also be available to industries and commercial establishments, creating a gas based industrial hub. Almost 2,000 km of steel and MDPE pipelines will be laid for these two CGD networks. It is also expected that the arrival of the Pradhan Mantri Urja Ganga will provide direct and indirect employment to thousands of people.

The 2,619 km JHBDPL project is being executed at an investment of Rs 12,940 crores, which includes 40 per cent capital grant (i.e. Rs 5,176 crores) from the Government of India. It will pass through Uttar Pradesh (342 km), Bihar (441 km), Jharkhand (524 km), West Bengal (550 km) and Odisha (762 km). Natural Gas will be supplied to Fertilizer Sector, Power Sector, Refineries, Steel, CGD and other sectors through this pipeline.

With the assured Gas supply, Fertilizer Plants at Gorakhpur (Uttar Pradesh), Barauni (Bihar) and Sindri (Jharkhand) have been approved for revival along the route of this pipeline. Further, this pipeline will also meet the gas requirements of Matix Fertilizer Plant at Durgapur (West Bengal). Continued full production from these four major Fertilizer Plants will ensure timely availability of adequate fertilizers in the eastern states which will go a long way in flourishing of agricultural sector.

GAIL has also been entrusted with developing CGD network in seven cities enroute the pipeline, i.e., Bhubaneswar, Cuttack, Varanasi, Patna, Jamshedpur, Kolkata and Ranchi.
In Odisha, the pipeline will be constructed at an estimated investment of Rs 4,000 crores and have a length of about 762 km covering 13 districts, i.e., Bhadrak, Jajpur, Dhenkanal, Angul, Sundergarh, Sambalpur, Jharsuguda, Debagarh, Jagatsinghpur, Cuttack, Khordha, Puri and Kendrapara.

 

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PM dedicates OPaL plant to nation

Thesynergyonline Corporate Bureau

• Set up with an investment of Rs.30,000 crore

• Production capacity of 14 lakh tons of polymers and 5 lakh tons of chemicals per annum

• To generate further investment of Rs 40,000 crore and employment to 20,000 people in downstream

DAJEJ (Gujarat), MARCH 07 : Prime Minister Narendra Modi ON Tuesday dedicated ONGC Petro additions Ltd (OPaL) plant to the nation at a function in Bharuch.


Prime Minister also visited OPaL and addressed an “Industry Meet”. He had a detailed presentation on OPaL. 


The plant was dedicated to the nation by the Prime Minister in the presence of Gujarat Chief Minister Vijay Rupani, Union Minister for Road Transport and Highways Nitin Gadkari, Minister of State for Chemicals and Fertilizers Mansukh L. Mandaviya, along with a host of other noticeables.


OPaL is a joint venture company promoted by ONGC, GAIL and GSPC, implementing a grass root integrated petrochemical complex located in Special Economic Zone (SEZ) under Petroleum, Chemical and Petrochemical Investment Region (PCPIR) at Dahej, Gujarat. The company was incorporated on 15th November, 2006.


 This is the single largest petrochemical plant in India and at full capacity, will annually produce 14 lakh metric tonnes of polymers viz. Linear Low Density / High Density Polyethylene, Polypropylene and 5 lakh Metric Tonnes of Chemicals like Benzene, Butadiene, and Pyrolysis Gasoline etc. The Product Warehouse is one of the largest in India with an area of 1,28,250 square metres.


 OPaL would use ONGC’s captive feed of C2+ streams (i.e. Ethane, Propane and Butane) from C2-C3 Extraction plant, and Naphtha from Hazira & Uran to produce Polyethylene and Polypropylene.


Set up with an investment of Rs 30,000 crore the plant is strategically located in the petrochemicals and chemical hub of the country with excellent connectivity, creating an integrated ecosystem. It will generate direct employment for 3,500 personnel and indirect employment for around 10,500 people.


 The project will further result in the growth of new downstream plastic processing industries in the country, generating further investment of Rs 40,000 Crore and over 20,000 indirect employment opportunities, giving major thrust to government’s Make in India programme. The increased use of polymers will also reduce burden on traditional materials like wood, paper, metal and will help in conserving natural resources like water and energy and promote food safety & food conservation.


OPaL’s projected market share in the polymer sector will be 13 per cent by 2018. The company would also contribute in encouraging polymer consumption in the country & its products will be used for important sectors like Infrastructure, housing, packaging, irrigation, automotive, healthcare etc. OPaL’s production of polymer will help India towards self-sufficiency.


The average per capita consumption of Polymers in India is 10kg, compared to a world average of 32 kg. There is tremendous potential for growth of the sector catalysed by growth drivers such as increasing middle class, higher disposable income and urbanization.


The petrochemical sector in India has witnessed a robust growth of 10-12 per cent per annum in the last decade and is expected to grow at a rate of 12-15 per cent in the next decade.

ONGC to invest Rs.7,327 crore in
development of 5 projects

The company's board notifies 18 discoveries so far in FY'17

Thesynergyonline Corporate Bureau

NEWE DELHI, FEBRUARY 23 :
The boad of directors of Oil and Natural Gas Corporation (ONGC) at a meeting held on Thursday approved the development of five projects with an aggregate investment of Rs.7327 crore which will lead to production of 14.969mmt of oil and 2.972 bcm of gas.

The 5 major projects and discoveries notified in Q4 FY'17 are:

"Development of R-Series Fields including revival of R-12 (Ratna)" with capital cost of Rs. 4,104.63 crore

R-12 (Ratna) field was discovered in 1979 and put on production in 1983 which continued till 1994. The Government awarded the contract for development of Ratna and R-Series fields in 1996 to a private sector consortium in a competitive bidding round. However, the contract could not be signed due to various issues. In March 2016, the Government reverted the Ratna& R-Series fields to ONGC for development and production.

The company's board approved investment of Rs. 4,104.63 crore for the development of R-Series fields including revival of R-12A (Ratna). Ratna-R Series fields are located about 130 km South-West of Mumbai and around 41 km from Heera field in the Western Offshore at an approximate water depth of 40-50 meters.Out of thirty seven (37) structures in the field, eight (8) structures were found to be oil bearing and only one R-12 (Ratna) field was under exploitation during the period 1982 to 1994.

The remaining R-series structures are yet to be monetized. The scheme envisages first oil production by 2018-19. The peak production rate of 14,583 bopd is expected to be achieved in 2019-20 with a cumulative production of 8.39 mmt of oil and 1.696 bcm of gas during the project life. The project comprises drilling and completion of 31 wells (22 producers and 9 water injectors), installation of 5 new well platforms including 1 riser cum well head platform with associated pipelines, revival of one platform and hiring of jack up MOPU (Mobile Offshore Production Unit) having oil and gas processing facilities. The oil and gas will be evacuated through existing Heera Process Complex. The project is scheduled to be completed by 31st May 2021.

"Redevelopment of Santhal Field" with capital cost of Rs. 1162.56 crore

Santhal oil field of Mehsana Asset in North Gujarat is located in the southern part of the heavy belt of North Cambay Basin. It was discovered in 1971 and put on production in 1974. The crude oil of this field is having 17°API gravity and average viscosity of 150 cP at reservoir conditions. The field has OIIP (Oil Initially In Place) of 53.56 MMt with ultimate reserves of 23.28 MMt as on 01.04.2016. The envisaged primary recovery was only 17% of OIIP. Therefore to enhance the oil recovery from the field, an EOR technique - In-situ Combustion (ISC) was implemented in 1997 which is now at the matured stage. So far 14.46 mmt oil has been produced from the field which is 27 per cent of OIIP.

To further accelerate the recovery and capture the displaced oil,a redevelopment plan has been drawn in which 129 new wells are to be drilled. It also includes revamping and upgradation of 2 GGS-cum-CTFs in the field and construction of a new ETP (Effluent Treatment Plant) of 4000 m3/d capacity. After implementation of this scheme, cumulative oil production from the field is expected to be 20.46 MMt (i.e. 38.2% of OIIP) by the year 2029-30, i.e. an incremental crude oil production of 3.44 mmt. ONGC board approved the scheme at a total capital expenditure of Rs.1162.56 crore with completion of facilities by Sepember 2020 and drilling of wells by March 2026.

"Development of B-147 Field" at a Capital Cost of Rs 546.15 crore

B-147 field, as a part of Bassein& Satellite Asset in Western Offshore, is being developed at a total estimated capital cost of Rs. 546.15 Crore. The field is located about 110 km from the Mumbai shore at a water depth of about 70-77m. The field, discovered in March 1991, is a marginal field which would have been otherwise uneconomical to develop on a standalone basis. However, after creation of infrastructure in the nearby fields, there is an opportunity to develop this field by utilizing existing surface facilities in an optimized cost environment.

B-147 development involves drilling of 3 new wells, installation of a new 4 slot well head platform with associated pipelines and modification in two existing platforms. The production envisaged is 0.489 mmt of oil and 0.708 bcm of gas during the project life with peak oil and gas production estimated at about 1,576 bopd and 0.25 MMSCMD respectively. The oil and gas from this project will be evacuated to ONGC's on land terminals at Uran and Hazira respectively. The project is scheduled for completion by November 2019.

"Development of BSE-11 Block" at a capital cost of Rs. 511.30 crore

The BSE-11 Block in Bassein and Satellite Asset is located between the giant Bassein gas field and Vasai East field falling in the Heera-Panna-Bassein block of Western Offshore. The block is located about 80 km from Mumbai shore at a water depth of about 40-45m. BSE-11 is being developed at a total estimated capital cost of Rs. 511.30 crore.

The project involves creation of facilities in the form of one new 6 slot wellhead platform along with associated pipeline, topside modification of two existing process platforms and drilling of two wells.

The scheme envisages peak oil production of 1,000 bopd, peak condensate production of 1,808 bcpd and peak gas production of 0.34 MMSCMD. The cumulative oil production of 0.20 MMt, cumulative condensate production of 0.37 MMt and the cumulative gas production of 0.568 BCM is envisaged during the life of the project. The project is scheduled for completion by November 2019.

"4th Phase Development of NBP Field" at capital cost of Rs.1,002.67 crore

4th Phase development of NBP fieldin Bassein and Satellite Asset is being taken up at a total estimated capital cost of Rs 1,002.67Crore. The NBP (N B Prasad-D1) field, discovered in 1976 is situated in Deep Continental Shelf in Western Offshore Basin and located about 200 km from Mumbai city in a water depth of about 85-90m. As on date, the field is being exploited with 34 producers and 2 water injectors. The current oil production of the field is about 30,000 bopd.

The 4th Phase of Development of NBP field envisages drilling of 6 new wells with Electrical Submersible Pump System, installation of 1 new well platform and 3 well clamp-on structure along with associated pipelines and power cables. The project is expected to give peak oil production of 4,890 bopd in the year 2019-20, with an incremental oil production of 2.08 MMt during the life of the project. The project is scheduled for completion by Nov'19.

ONGC has notified 2 more discoveries

Discoveries notified in Q4 FY'17:

New Prospect Discovery:

1. AK-29(AKAP) in Akholjuni PML Block in Gujarat,Cambay Basin The Exploratory well AK-29(AKAP) in Akholjuni PML Block,Cambay Basin in Anand District,Gujarat was drilled to a depth of 1550 m. The Object-I (1458.5-1456 m) and Object-II (1450-1452m, 1453-1454m) combined in Miocene Basal Sand(MBS) flowed oil @ 44m3/day through 6 mm bean. This discovery has opened up a new area for exploration in South of Akholjuni field.

New Pool Discovery:

1. KH-38_Z(KHBB_Z) in Nambar ML Block in Golaghat District,Assam,A&AA Basin The Exploratory well KH-38_Z(KHBB-Z) inNambar ML Block,South Assam Shelf (A&AA Basin) in Golaghat District,Assam was drilled to a depth of 2499 m. The Object-II (2330-2327.50 m) in Sylhet Formation (Mid-Late Eocene) on conventional testing flowed oil @ 10.44 m3/day and gas @ 34,000 m3/day through 6 mm bean. The success in this well has helped in establishing the Sylhetprospectivity in west Khoraghat sector of South Assam Shelf and will open new areas for Sylhet.

With this, ONGC has notified 18 discoveries (9 new prospects and 9 new pools) so far in FY'17 (7 in Q1, 4 in Q2, 5 in Q3 and 2 in Q4).


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