ONGC pushes ahead with well control operations, despite heavy rains, critical progress continues
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Guwahati: Oil and Natural Gas Corporation Limited (ONGC) continues to make progress at the site of well number RDS#147A , with teams working around the clock despite challenging weather conditions.The extra-long boom crane, essential for safely removing tubing stacked in the rig derrick, has reached the well site from Guwahati on Monday. Its arrival marks a crucial step forward in clearing the rig from the well for the final capping operation.Today's heavy and continuous rainfall created a slushy work environment, yet ONGC's Regional Crisis Management Team (RCMT), along with international experts from Cudd Pressure Control , remained fully engaged. Their persistent efforts are ensuring that the clearing of the remaining rig equipment continues without pause.ONGC stated , 'As floodwaters rise, ONGC teams are actively working to keep the critical RCMT pump operational. Encouragingly, a noticeable reduction in gas pressure has been recorded, an important and hopeful sign that paves the way for a safer and more controlled capping process.Simultaneously, mobilisation of additional specialised equipment such as the Athey Wagon, Bulldozer, etc., for the capping operation is progressing steadily, further strengthening ONGC's operational preparedness'.ONGC remains fully committed to bringing the situation to a safe and successful resolution. With each milestone, the team moves closer to securing the well, backed by expertise, dedication, and the support of the local administration and community.
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Time of India
16 hours ago
- Time of India
ONGC picks Mitsui O.S.K. Lines as JV partner for owning two very large ethane carriers costing $370 million
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Business Standard
16 hours ago
- Business Standard
ONGC to partner with Mitsui OSK Lines to build two ships to import ethane
India's largest oil and gas exploration and production company, state-owned Oil and Natural Gas Corporation Ltd (ONGC), and Japan's shipping company Mitsui OSK Lines Ltd agreed on Thursday to build and operate two large ships. The vessels, of the Very Large Ethane Carriers (VLECs) class, will be used by an ONGC subsidiary, ONGC Petro Additions Ltd (OPaL), to import ethane, a key chemical used in the petrochemical industry. The companies have signed a Heads of Agreement, which is used to finalise major terms between the parties before the signing of the definitive contract. The company said in a statement that the deal is subject to approval from the board and that further details will be shared following the signing of the partnership agreement. It said that imports from various countries will be used solely by OPaL as feedstock, meaning ethane will serve as the raw material for producing other products at the plant. Earlier this year, Reuters reported that ONGC was planning to source 800,000 tonnes per year of ethane to secure feedstock for OPaL from May 2028. According to a PTI report, ONGC spent about ₹1,500 crore to set up a C2 (ethane) and C3 (propane) extraction plant at Dahej in Gujarat. The extracted C2/C3 is used as feedstock in its petrochemical subsidiary, OPaL. ONGC closed at ₹244, with a gain of ₹2.85, or 1.18 per cent, on the BSE on Thursday.
Time of India
16 hours ago
- Time of India
ONGC signs pact with Japan's Mitsui for ethane carriers
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