ONGC's IEOT and IIT Bombay received patent
ONGC and IIT Bombay have achieved a significant breakthrough in the field of oil and gas technology, as their collaborative project.
ONGC's IEOT and IIT Bombay received patent
NEW DELHI- ONGC and IIT Bombay have achieved a significant breakthrough in the field of oil and gas technology, as their collaborative project on "Composition for Completion Fluid for Use in Ultra High Pressure & High Temperature Applications" received a patent from the Controller General of Patents, Designs and Trade Marks (CGPDTM) on April 24, 2023.
The Materials & Corrosion Section of the Institute of Engineering & Ocean Technology (IEOT) and IIT Bombay worked together to develop a chloride and bromide-free, non-corrosive completion fluid for HPHT wells.
Read Also : THDC India Limited Commemorates Constitution Day with Enthusiasm and ReverenceThis patent marks the seventh for IEOT, and it has the potential to transform the way completion fluids are used in high pressure and high temperature wells. This innovation is expected to significantly reduce corrosion, minimize downtime, and improve the longevity and productivity of HPHT wells.
The breakthrough comes as a welcome achievement for the Indian oil and gas industry and is expected to attract global attention. The collaboration between ONGC and IIT Bombay showcases the power of partnerships between academia and industry and highlights the potential for more such collaborations in the future.
Read Also : RummyCircle Introduces the Thrill of 5-Minute Rummy!ABOUT ONGC LIMITED-
Maharatna ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production. Crude oil is the raw material used by downstream companies like IOC, BPCL, HPCL and MRPL (Last two are subsidiaries of ONGC) to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas LPG.
ONGC has a unique distinction of being a company with in-house service capabilities in all areas of Exploration and Production of oil & gas and related oil-field services. Winner of the Best Employer award, this public sector enterprise has a dedicated team of around 27,000 professionals who toil round the clock in challenging locations.
ONGC Videsh Limited, a Miniratna Schedule “A” Central Public Sector Enterprise (CPSE) of the Government of India under the administrative control of the Ministry of Petroleum & Natural Gas, is the wholly owned subsidiary and overseas arm of Oil and Natural Gas Corporation Limited (ONGC), the flagship national oil company (NOC) of India. The primary business of ONGC Videsh is to prospect for oil and gas acreages outside India, including exploration, development and production of oil and gas. ONGC Videsh owns Participating Interests in 35 oil and gas assets in 15 countries and produced about 30.3% of oil and 23.7% of oil and natural gas of India’s domestic production. In terms of reserves and production, ONGC Videsh is the second largest petroleum company of India, next only to its parent ONGC.
ONGC subsidiary Mangalore Refinery and Petrochemicals Limited (MRPL) is a schedule ‘A’ Miniratna, Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum & Natural Gas. The 15.0MMTPA (Million Metric Ton per annum) Refinery has got a versatile design with complex secondary processing units and a high flexibility to process Crudes of various API, delivering a variety of quality products. MRPL, with its parent company Oil and Natural Gas Corporation Limited (ONGC), owns and operates ONGC Mangalore Petrochemicals Limited (OMPL), a petrochemical unit capable of producing 0.905 MMTPA of Para Xylene and 0.273 MMTPA of Benzene.
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