CATEGORIZED | News

ONGC draws plan to fight insurgency on oil installations

Posted on 20 August 2008

The meeting was chaired by CMD RS Sharma and was attended by FODAG, Coast Guard, IB and other senior management of ONGC, including board members and executive directors of Western Offshore. Detailed discussions were held on the possible threat perceptions and preparedness to meet any untoward eventuality.

The meeting assumes high significance from national security perspective as ONGC has its major oil-producing assets in Western Offshore along the extensive coastline of Maharashtra and Gujarat having investment of around US$24 billion with daily contribution of 335,000 bbl of oil and 41 million cu m of gas.

Mr Sharma said there can be no compromise on the security and safety of oil and gas processing facilities. He reiterated that the design of insurgency is to destabilize the economy of the country and as a major upstream company, it’s “ONGC’s endeavor and commitment to ensure a secure and sufficient supply of energy availability to the billion population country. Security of the producing assets is a critical step towards this challenge.”

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 29 October 2014

    New intelligent water management solution based on oxidizer technology

    Nalco Champion has launched the RenewIQ line of oilfield water reuse solutions to help operators reduce freshwater consumption and associated handling costs...

  • 29 October 2014

    Baker Hughes launches all-electric intelligent well system

    Baker Hughes has commercially released its MultiNode all-electric intelligent well system. It allows operators to remotely monitor and control a greater number of production zones...

  • 29 October 2014

    Tercel collaborates with TOTAL to design MicroCORE PDC drill bit

    Tercel Oilfield Products has launched the MicroCORE cutting system at the 2014 SPE Annual Technical Conference and Exhibition in Amsterdam. The MicroCORE cutting...

  • 28 October 2014

    First extension well in pre-salt Libra leads to oil discovery

    The Libra consortium announced that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil...

  • 28 October 2014

    Schlumberger introduces new well integrity service

    Schlumberger has launched its Invizion Evaluation well integrity service. It helps operators to evaluate zonal isolation by using integrated drilling, cementing and well logging data...

  • Read more news