![]() Financial Daily from THE HINDU group of publications Tuesday, Oct 25, 2005 |
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Corporate
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Announcements ONGC to train drilling pros from Oman co Bags Rs 1-crore order Our Bureau
Kolkata , Oct. 24 ONGC is making steady progress in converting its Research and Development and training facilities into profit centres. The company has bagged a Rs 1-crore contract from MB Petroleum Services LLC, Oman (MBPS), for offering well-control training to 200 of the latter's drilling professionals in Oman. MBPS is a multinational company providing drilling and integrated well services in more than 12 countries in Europe, West Asia and Asia-Pacific. The training will be provided by Well Control School (WCS) under the Institute of Drilling Technology (IDT) of ONGC. According to official sources, ONGC expects to bag similar orders from Bangladesh by end of this month. Also ONGC's Business Development and Joint venture (BD & JV) group has received a number of enquiries from Vietnam, the Philippines, Iran, Saudi Arabia, Yemen, Oman, Sudan and others for training, consultancy and services, all of which are being actively pursued. WCS was created to provide core knowledge and job-related skills for handling well-control situations. The Institute is engaged in various R&D activities on oil well-drilling and has been conducting well-control courses for over 20 years using full-size derrick floor simulators and a fully operational drilling rig. The Oman project is a maiden venture of WCS in imparting training at clients' premises overseas. Some six trainers may be deputed to Oman over three months using the latest simulator model. The Institute of Petroleum Safety, Health and Environment (IPSHEM), another ONGC training and research facility, recently bagged its first overseas contract from Greater Nile Oil Project (GNOP) in Sudan for creating infrastructure to prevent oil spills, fires and crisis management facilities in its (GNOP's) offshore oil fields.
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