ONGC flags off its first Offshore Supply Vessel through JNPT

ED-Asset Manager, B&S Asset Shri Suresh Jandial accompanied by Surface Manager, B&S Asset Shri Balram Jatav, Head Nhava Supply Base Shri SK Tewari, Head Nhava Operation, Project Manager and key members of Panna-Mukta Takeover Project (PMTOP) flagged off the offshore supply vessel Albatross-5 carrying cargo for Panna platform from the Shallow Berth jetty number 1 (SB-1) of Jawaharlal Nehru Port Trust (JNPT). With this small step initiated by the Panna-Mukta Takeover Project (PMTOP) team, ONGC’s Offshore Logistics operation took a giant leap in terms of opening up of a new and alternate supply base for Western Offshore operations.

 

Pursuant to the directives of the MoP&NG, Panna-Mukta has come back to ONGC after 25 years. Bassein & Satellite Asset has taken over complete control of operation and maintenance of the fields and facilities including inventory of onshore spares, well core samples, and movable & immovable assets etc. w.e.f. 22 December 2019.

 

Earlier, Director (Offshore) appointed a High Level Committee (HLC) comprised of seven Key Executives to guide the Team PMTOP for a smooth takeover of Panna-Mukta fields and asset. HLC advised to retain the Shore base warehouse of PMT JV as well as the Shore base operation through JNPT port. The pragmatic and visionary EC of ONGC could see an opportunity in this tactical move which would catalyze the face-lifting of Nhava Supply Base (NSB) as well as bring in a new dimension in offshore logistics operation with the help of this alternate supply channel which would usher in improved overall productivity in western offshore.

 

The shore base of PMT JV has been rechristened as Bassein & Satellite Supply Base or BSSB. This is a compact warehouse equipped with modern technologies and facilities, located about 20 Km away from NSB. ONGC Infocom quickly connected BSSB with broadband, provided computers and paraphernalia and installed SAP to operationalize ONGC’s inventory management system. Three officials were posted by B&S Asset to supervise the operation.

 

The shore base premises has been taken on lease and the operation would be managed by an agency- M/s AllCargo. The multi-layered computerized storage system, battery driven ultra-modern fork-lifts, the safety system, the security system, round the clock well-equipped ambulance with paramedic, the hygienic small canteen facility and above all the modern inventory management and warehousing system in BSSB could be a model warehouse to be replicated elsewhere.

 

PMTOP Team also went a step ahead to retain the properly licensed ultra-modern Chemical Storage facility of AllCargo where chemicals could be stored safely, properly and within the appropriate thermal ambience. ED-Asset Manager, B&S Asset visited and inspected the BSSB as well as the Chemical Warehouse on 9th January 2020

 

The HLC met on 10th January, 2020 to review the post-takeover status of Panna Mukta. They were delighted to note that the takeover was smooth, the field was put on production within less than 18 hours of takeover from the JV, and that the production today is even little higher than the average production by JV just before the handing over. ONGC team took over 63 producing wells from JV, and has already revived one well taking the total to 64. Average production is more than 10,100 bopd and 4.3 mmscmd gas. It has also brought in greater operational efficiency in few areas of operation- like lesser glycol consumption per unit of gas produced.

 

Team B&S Asset expresses its sincere gratitude to EC/ EPC members and HLC members for extending all timely supports to make the Panna-Mukta Takeover Project a success.

ONGCian receives national honor as Madhava Ganitha Puruskaram

The prestigious Madhava Ganitha Puruskaram honor for this year has been conferred to GM (Geophy) of ONGC Vadodara Mr K Chandra Hari.

The Madhava Ganitha Kendram has been established to popularize traditional Indian mathematics – especially Kerala School of Mathematics and Vedic Mathematics – amongst the youth of our country. The Kendram is inspired by the pioneer astronomer and mathematician of the 14th century – Madhava of Sangramagama Kerala.

The Kendram was instituted to honor an eminent person who has contributed his/her life to the popularization of India’s rich mathematical traditions.

The award was presented by MoS Ministry of External Affairs Mr V Murleedharan, at a function organized on 27 December 2019 in Irinjalakuda Kerala.

ONGC bags 7 Blocks in Bid Round IV of OALP

ONGC started the year 2020 on high notes, bagging all seven Oil and Gas Blocks offered in the fourth bid of the Open Acreage Licensing Policy (OALP) of the Ministry of Petroleum and Natural Gas (MoPNG).

The contract signing ceremony of was held on 2 January 2020. Director (Exploration) Mr R K Srivastava and Director General of Hydrocarbon (DGH) Mr S C L Das signed the contract, amid the presence of Petroleum Minister Mr Dharmendra Pradhan, ONGC CMD Mr Shashi Shanker, Director (Finance) Mr Subhash Kumar, Director (Offshore) Mr Rajesh Kakkar, Director (Onshore) Mr Sanjay Kumar Moitra, Director (HR) Dr Alka Mittal and Head Excom Sanjay Chawla. Also present at the ceremony were MoPNG Secretary Dr M M Kutty, Joint Secretary Mr Amar Nath and Additional Secretary Mr Rajiv Bansal.

 

 

The fourth round of the OALP biddings opened on 27 August 2019, and the signing ceremony was the culmination of the process with revised policy framework. In the latest bid, 18,510 sq Km was offered to ONGC for exploration and production. Of the seven blocks, five are located in Madhya Pradesh and one block each in Rajasthan and West Bengal. The Blocks in Madhya Pradesh fall under the Vindhya Basin – which is a Category II Basin and the Block in the Bengal Purnea Basin fall under Category III – which is not yet being explored.

 

Addressing the gathering at the ceremony, Mr Dharmendra Pradhan said that the signing of the contract through OALP aims at securing the energy security of the country. The Petroleum Minister said that energy major like ONGC, with its modern technologies and digitalization, will make the best out of all the seven blocks offered.

 

 

Mr Pradhan noted that in the last two fiscal years, the government has successfully bid out 140,000 sq km for exploration and production and has made multiple policy reforms. “As many as 55 Blocks were awarded in the first round of OALP and 32 blocks each in the second and third round,” he said.

 

He further stated that the government intends to focus on production maximization than revenue optimization. He asserted that in the year 2020 the country will take a new leap in ensuring energy security for all.

 

Earlier in his welcome address, DGH Mr SCL Das said that the OALP biddings aim at facilitating the E&P sector towards the national vision of energy security. He mentioned that in the present time there is a critical requirement of hydrocarbon in meeting the growing energy requirement in the country. He further said that the Oil and Gas industries are the major factor in the growth of the Indian economy and Petroleum and Natural Gas contribute significantly to the country’s GDP.