consultancy and maintenance contracts by ongc

Thursday, May 05, 2005

Leveraging its best experience and rich technical competence in Exploration and Production of hydrocarbons, ONGC has been extending Training, Consultancy and Services to may countries. ONGC has signed contracts with M/s BAPEX, Bangladesh for rig repair jobs; M/s ADCO, Abu Dhabi for advanced drilling technology; M/s GNPOC, Sudan for carrying out geochemical surveys, analysis and data interpretation and training; and with M/s NIOC, Iran for training of personnel in exploration and drilling activities.


In order to benefit from emerging overseas business opportunities in the hydrocarbons sector, ONGC has been exploring the possibility of transferring technical know-how, with a special focus on West Asia, Africa and South East Asia. The following business opportunities are being pursued by ONGC in this regard :-


1. Well Control Training in Bangladesh.

2. Water Shutoff jobs & Profile correction for PDO, Oman.

3. Research & Development (R&D) Co-operation Agreement with SQ University, Muscat Oman.

4. RF&D for heavy Oil recovery in Suriname.


As the detailed scope of work and terms and conditions of the cooperation are still being negotiated, it is not possible at this stage to quantify the likely foreign exchange earnings from these ventures.


This information was given by Shri Mani Shankar Aiyar, Minister of Petroleum & Natural Gas and Panchayati Raj in a written reply in the Lok Sabha today.


RCJ/kc/ contracts by ONGC (5.5.05 LS)