Page 18 - AsianOil Week 35
P. 18
AsianOil NEWS IN BRIEF AsianOil
SOUTH ASIA Presently the entire Needle Coke continuity without compromising on health and
requirement of the country (80 -100 KTPA) safety of its employees and contractors.
Cairn Oil & Gas celebrates is met through imports. Production of Needle use of technology and communications tools
This was made possible through the effective
Coke at Paradip Refinery will reduce import
Mangala oilfield milestone dependency and would contribute to the with effective teamwork by staff, especially those
directly responsible to provide relevant services,
vision of Atmanirbhar Bharat.
India’s largest private oil and gas exploration Needle coke is a substitute for natural including Medical Services, Quality, Health,
and production company, Cairn Oil & Gas, graphite and offers higher quality consistency. Safety and Environment, Administration,
Vedanta Limited, completes 11 years of With these technological advancements, Needle Human Resources, Information Technology and
Mangala oil field operations on 29th August Coke is now used to make the carbon anode of Procurement functions.
2020. The ‘first oil’ from Mangala field, Lithium-ion Batteries. As Electric Vehicle (EV) PPL, September 2, 2020
India’s largest oil find in the last 30 years, was transportation is emerging as a viable option, the
discovered on August 29, 2009. The company’s production of Needle Coke (Anode for Li-ion
gross proved, and probable reserves and battery) would add to the quest for self-reliance SOUTHEAST ASIA
resources base is 1.2 billion barrels of oil in India. This Project can also be replicated,
equivalent as on March 31, 2020. at other Indian Refineries that process low- Pertamina completes Phase
Cairn’s operations at the Rajasthan block sulphur-feed in FCCU/RFCCU/INDMAX type
holds significant national importance. The block of units as a GRM improvement initiative. 4 drilling in Algeria block
has contributed a cumulative $18.0 billion to INDIANOIL, September 1, 2020
the nation and state exchequers. The application The MLN Phase-4 project is Pertamina’s first
of worldclass technology and digitalisation PPL ensures business overseas development project in the MLN
has helped maintain business continuity and field (Menzel Ledjmet Nord) Block 405A
safe operations, even during the COVID-19 continuity despite COVID-19 Algeria undertaken by Pertamina Algeria
pandemic EP, a subsidiary of Pertamina International
CAIRN OIL & GAS, VEDANTA, August 28, 2020 crisis EP (PIEP). This Phase-4 project was carried
out with the aim of maximizing the potential
IndianOil to Invest in Amid the COVID-19 pandemic, when most of the MLN Algeria field where currently
the Project has completed a workover of
businesses in Pakistan suffered due to halt
Paradip needle coker unit in operations, Pakistan Petroleum Limited 15 wells and drilled 12 wells from the last
well drilling, namely MLC-9P which was
(PPL), achieved a milestone with nearly zero
The IndianOil board has cleared the Stage-1 decline in production from operated assets completed on March 17, 2020 and is planned
approval to install a Grassroot Needle Coker to provide much-needed energy supplies to reach its peak. production in 2021. With
Unit at Paradip Refinery using IndianOil for the nation. This was highly appreciated the completion of the 12th well (MLC-9P),
R&D’s in-house technology. The proposed by industry partners and stakeholders. As the entire scope of MLN Phase-4 development
unit will have a Calcined Needle Coke such, the support from Board of Directors and workover drilling has been completed
(CNC) production capacity of 56 KTPA. The and Ministry for measures adopted by PPL and marked with Ceremonial Drilling
estimated project cost is Rs. 1268 Crores. enabled the company to perform optimally Accomplishment by PIEP management.
With the production of CNC, IndianOil during this difficult time. On this occasion, it was conveyed that this
shall enter this niche product segment for the Despite a series of challenges posed by the activity was a big milestone for Pertamina where
first time. CNC is used to produce Graphite pandemic, including 170 employees affected this was the first drilling operation carried out
Electrodes for deployment in the high by COVID-19, most of whom have recovered by Pertamina at an overseas as a field operator.
temperature (2800 degrees Centigrade) electric now, besides 6 active cases, the company The drilling team, which consists of PIEP Jakarta
arc furnaces of Steel Industry. showed exemplary resilience to ensure business Head Office staff, who directly operates the
drilling and workover activities, has succeeded
in making efficiency and synergy within the
Pertamina Group.
The success of this achievement is supported
by cost efficiency and drilling time from the
AFE (Authorized Financial Expenditure) target
of USD 14 million / per well for 55 days per
well, PIEP as the holder of field management
authority, is able to perform efficiency 8.5-10
million per well for 35-45 days per well. well.
So the total savings for workover and drilling
efficiency are estimated at ~ $ 100 million.
In addition, PIEP has also succeeded in
implementing synergy by using SF-05 as the
basic material for drilling fluid for the 10th well
(MLNW-12) and the 12th well (MLC-9). These
two wells use SF-05 and have succeeded in
providing better drilling performance and of course
providing better environmental impact as well.
PERTAMINA, August 29, 2020
P18 www. NEWSBASE .com Week 35 03•September•2020