"It is more than a figure of speech to say
that plants create life out of thin air."

In the visible world, the Milky Way is a tiny fragment; within this fragment, the solar system is an infinitesimal speck, and of this speck our planet is a microscopic dot. On this dot, tiny lumps of impure carbon and water, of complicated structure, with somewhat unusual physical and chemical properties, crawl about for a few years, until they are dissolved again into the elements of which they are compounded."

― Bertrand Russell
ONGC and Indian Oil join hands

ONGC and IndianOil join hands

to reduce carbon emission and enhance oil recovery

by injecting CO2 captured from IOCL's Koyali refinery

Thesynergyonline Corporate Bureau

NEW DELHI, JULY 01 : Oil and Natural Gas Corporation (ONGC) signed an MoU with IOCL for CO2 based Enhanced Oil Recovery (EOR) by injecting CO2 captured from IOCL's Koyali refinery. The MoU

The MoU is aimed to establish a framework for mutually beneficial cooperation in the area of CO2-EOR as a mode of CCUS. The common objective is to address some of the biggest challenges of our country in particular & world at large, namely energy security and climate change. The aim of the MoU

The MoU was signed by Mr AK Dwivedi, Director (Exploration), ONGC and Mr BV Ramgopal, Director (Refinery), IOCL in the presence of Mr S K Moitra, Director (Onshore), ONGC, DrAlka Mittal, Director (HR), ONGC, Dr SSV Ramakumar, Director (R&D), IOCL and MrSrikanth Vaidya, Director (Refinery – designate), IOCL.

The focus

The collaboration under this MoU focuses on development of CO2 Capture plant at IOCL's Koyali Refinery with appropriate Carbon capture technology, development of business model, increasing domestic oil production through CO2-EOR in Gandhar field and inclusion of this project as part of national emission curtailment measure aimed at supporting country's low-carbon development goals.

The epigraph

"It is a landmark event in the history of Indian Hydrocarbon Industry, with two its largest conglomerates agreeing to jointly work on Carbon Capture Utilization and Storage (CCUS). CCUS is known to be a very effective method of EOR globally and is playing an increasingly important role in achieving the mission of carbon neutrality. The idea of the MOU is to replicate the global success story in India."

- the ONGC statement

Replicating global success story

of CO2-EOR from anthropogenic sources

In order to replicate global success story of CO2-EOR from anthropogenic sources in India,the Institute of Reservoir Studies (IRS), ONGC has carried out laboratory and numerical simulation studies for Gandhar field. Technical feasibility of CO2-EOR has been established, and is indicative of incremental oil recovery of approximately10 per cent.

The project will add up a new dimension towards national vision of CCUS and will infuse a new life to the depleted matured oil fields of ONGC. The learning curve from this endeavor shall create a knowledge base to further expand deployment of CCUS in India. The success of CCUS in India will not only increase domestic oil production, but also cater to address India's Nationally Determined Contributions of reducing the emission intensity of GDP by 33-35 % by 2030 as per Paris agreement.