Page 14 - AsianOil Week 05 2022

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SOUTH ASIA Manufacturing, Research and Development, society, was signed on January 18, 2022 during
and a Centre of Excellence to impart cutting- the B20 Task Force on Energy, Sustainability
Russia reportedly sees edge training to people. and Climate.
Drillmec has entered into a memorandum
Chiyoda and Pertamina have agreed to
participation in TAPI project of understanding (MoU) with the Department support emission reductions through the
of Industries & Commerce, Government of
development of new and renewable energy,
as “politically attractive” Telangana, to establish Drillmec International as well as to achieve net-zero emissions and
Hub for manufacturing oil rigs and ancillary
promote climate goals and to collaborate on
Moscow views the idea of Russia participating equipment in Telangana. CCUS technology application studies and
in the Turkmenistan-Afghanistan-Pakistan- Simone Trevisani, CEO Drillmec, said: hydrogen production.
India (TAPI) gas pipeline project as “We are interested in future investment in Chiyoda has supplied services to
“politically attractive,” special envoy of the the Hydrogen fuel project in India. After Pertamina since the early 1980’s, including
Russian President Zamir Kabulov told TASS considering many offers from various the EPC of LNG plants and utility facilities
in an interview. countries, we choose Telangana, India, as in Bontang, Kalimantan Island, Arun and
The TAPI project’s construction works it has a progressive industrial policy and is Sumatra Island in Indonesia. Chiyoda will
officially kicked off in December 2015 in investor-friendly. We will ensure that this continue to cooperate with Pertamina toward
Turkmenistan. The pipeline is to have a length manufacturing hub creates employment the realization of a carbon-free society.
of 1,814 km and a capacity of 30 bn cubic opportunities for about 2,500 people.” CHIYODA, January 28, 2022
metres of natural gas per annum. DRILLMEC, January 31, 2022
“Such perspective appears politically
attractive. The matters of supporting security EAST ASIA
for this project earlier considered to be the SOUTHEAST ASIA
most challenging have lost their acuteness at Recon announces
this stage,” the Russian diplomat said. Chiyoda and Pertamina
“Everything will depend on the RMB6.87mn metering
commercial side of the issue, on profitability sign an MoU to study
of their [Russian entities] participation in instrument maintenance
implementation of this project,” Kabulov the development and
added. contract with a refining and
application of low carbon

Drillmec signed MoU with technology to achieve net- chemical company
Recon Technology today announced that
govt of Telangana, India zero emissions its mainland China variable interest entity
has entered into a technical service contract
Drillmec, a subsidiary company of MEIL Chiyoda is pleased to announce that with a Dalian-based petrochemical company,
group, a global multi-sector conglomerate it has entered into a memorandum of Dalian West Pacific Petrochemical Co.
based in Hyderabad, will establish its global understanding (MoU) with Pertamina to (WEPEC) to provide three years of operation
manufacturing hub in Hyderabad, Telangana. jointly study the development and application and maintenance services on metering
Drillmec, a global leader in oil-drilling rigs of carbon capture, utilisation and storage instruments such as alarms and flow meters
manufacturing, is proposing to invest over (CCUS) technology. that are used for the daily operation of
USD 200 million in the upcoming facility to The MoU, aiming to provide solutions production facilities within refineries. The
set up the global hub, which would include to climate change and realize a low carbon total amount of the contract is RMB6.87mn.
Recon will provide technical and maintain
services for the refining company’s operation
and maintenance projects of alarms and trade
metering flow meters and other metering
instruments from 2022 to 2024.
WEPEC is the first large-scale Sino-foreign
joint venture petrochemical enterprise
approved by the State Council of the People’s
Republic of China and jointly invested by
Chinese and French shareholders, and is also
a landmark project in China’s energy industry
with opening up to foreign cooperation.
With a total investment of $1.013bn, WEPEC
covers an area of 2.5 square km and has a
primary crude oil processing capacity of 10mn
tonnes per year.
RECON TECHNOLOGY, January 31, 2022

P14 www. NEWSBASE .com Week 05 04•February•2022