Financial Daily from THE HINDU group of publications
Tuesday, Oct 25, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Corporate - 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.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Tata Safari Dicor

Stories in this Section
BPCL plans to set up 100 `In & Out' stores


ONGC to train drilling pros from Oman co — Bags Rs 1-crore order
Garment exporter Celebrity plans IPO
Avesthagen to invest Rs 45 crore more
Jessop gets orders for 809 wagons — Supply gap in bogie, couplers
Hind Motors cuts Lancer prices by Rs 90,000
Hikal raises $25 million
RIL shareholders approve demerger
Butterfly on turnaround path; debt revamp is new chant
BNP Paribas to buy 49.9 pc in Sundaram AMC for Rs 100 cr
Reliance Capital picks 14.81% stake in Kinetic Engineering
Farallon Capital buys 60 pc stake in Indiabulls Real Estate
LG plans new plant for optical storage devices
Ericsson to set up facilities in Chennai, Gurgaon — Rajasthan unit to make mobile base stations, switches
`India will become TCL's S. Asia hub'
Birla Power Solutions on expansion mode
GMR Industries on expansion mode
Holset Engg sets up office in Pune
DSCL Energy, Agrinergy enter pact for emission reduction solutions
Italy's Dell'Orto inks pact with Eco Auto Components
Lupin joins hands with GSK to market TB drugs in Philippines
ECL inks mining pact with UK co
ONGC to set up wind power farms in Gujarat
Dabur Q2 net up 20.6%, announces 1:1 bonus
Testing for heavy metals in herbal medicine exports made mandatory
Philips eyes over Rs 1,200 cr turnover — To focus on home entertainment
Tata Motors sales cross 1 million


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line