Page 19 - AsianOil Week 30
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AsianOil                                    NEWS IN BRIEF                                           AsianOil







       SOUTH ASIA                             He added: “This joint venture company   build four CBG plants using their own
                                           would bring in latest technologies and   funding, technology, and expertise. These
                                           formulations for Polymer Modified Bitumen   plants will be based on 10-year CBG off-take
       Total, Indian Oil form JV to        (PMB) and other fast-growing non-    agreements with GAIL (or its associated CGD
                                                                                companies) as the off-taker in line with the
                                           conventional derivatives such as Cold Mix
       offer bitumen derivatives           & Micro Emulsion, Block Bitumen, etc. to   Sustainable Alternative Towards Affordable
                                                                                Transportation (SATAT) initiative of the
                                           the Indian market. The operations of this JV
       Indian Oil, India’s largest refiner and   would commence by taking over an existing   Government of India.
       marketer of petroleum products, and Total,   plant of Total at Jodhpur and subsequently set   GAIL (INDIA), July 23, 2020
       broad energy company with headquarters   up new Greenfield plants”.
       in Paris, France, announce the formation   The Government of India has a strong   Cairn Oil & Gas deploys
       of a 50:50 Joint Venture (JV) company that   focus on developing the country’s road
       will manufacture and market high-quality   infrastructure with mega projects like   Honeywell Forge software
       bitumen derivatives and specialty products for   the ‘Bharatmala project’ which envisages
       the growing road-building industry in India.  development of 34,800 km of roads at an   Cairn Oil & Gas, Vedanta Ltd., the largest
         Total is the leading bitumen manufacturer   estimated investment of over Rs. 5 lakh crore   private oil and gas exploration and production
       and supplier in Europe, while Indian Oil   in the first phase (equivalent to approximately   (E&P) company in India has announced the
       is the largest player in the Indian bitumen   66 billion USD).           deployment of Honeywell Forge enterprise
       market. The two companies have already an   INDIAN OIL, July 27, 2020    performance management software to
       established business relationship in India,                              improve decision-making, boost productivity,
       notably in LPG and fuel additives businesses.  GAIL, Carbon Clean sign   enhance efficiency and reduce manual
         The new JV will combine the R&D and                                    paperwork, all while enabling workers to
       marketing strengths of both Indian Oil and Total   compressed biogas MoU  remotely operate their facilities.
       to manufacture and market innovative bitumen                               The company has embarked on a
       formulations and superior quality products   GAIL (India) Limited and Carbon Clean   digitalisation journey to drive safety,
       such as polymer-modified bitumen, crumb   Solutions Limited (CCSL) have signed a   productivity and efficiency, and partnered
       rubber modified bitumen, bitumen emulsions   Memorandum of Understanding (MoU) for   with Honeywell to support them in their
       and other specialty products. The JV will set up   exploring project development opportunities   efforts. Focused on automating operator
       manufacturing units across the country with cost-  in Compressed Biogas (CBG) value chain in   rounds and digitising control room logbooks,
       effective logistics solutions, keeping innovation,   India.              Honeywell solutions enabled faster handover
       safety and sustainability at the helm of its   The MoU aims at building a closer strategic  between shifts by 50%. Honeywell Forge
       operations. The JV will also explore possibilities to   partnership between the two companies   deployed by Cairn Oil & Gas is available on a
       cater to other South Asian markets.  by jointly working on CBG projects. GAIL   cloud platform for quick and easy workflow
         Shrikant Madhav Vaidya, Chairman of   and CCSL will explore various issues in the   and system maintenance configuration and is
       IndianOil said: “The IndianOil-Total joint   CBG value chain, such as inter alia feedstock   now enabling Cairn to accelerate digitalisation
       venture company would combine IndianOil’s   arrangements, suitable technology for the   and maintain production by optimising
       credentials as India’s Flagship National Oil   most efficient and high efficiency CBG   resources.
       Company and the Total’s strength as an   production, gas off-take arrangements,   The technology is enabling Cairn Oil &
       International Energy Major. This would   exploration of various funding models,   Gas industrial workers to remotely operate
       cater to B2B customers involved in road   transportation, marketing and distribution   their plants while ensuring business continuity
       infrastructure development, both in the   of CBG. CCSL’s proven technology for CBG   with the following tools:
       government and private sectors and I am   production with specific patents and know   Honeywell Forge Inspection Rounds,
       confident that this would start a revolution   how on waste conversion were a natural fit for   which is an easy-to-use software solution that
       in road construction activities in the country   GAIL’s vision to support the development of   digitises end-to-end inspection workflows
       by providing superior technology products at   the CBG business in India.  with an overarching goal to improve safety,
       competitive prices”.                   Through the MoU, CCSL will initially   productivity and connectivity to the deskless
                                                                                worker. Inspection Rounds runs directly on
                                                                                mobile devices and enables field technicians
                                                                                to easily capture data through pre-defined
                                                                                workflows. It also works offline and
                                                                                automatically synchronizes data in the cloud
                                                                                when connectivity is available. This feature
                                                                                is very useful in areas where mobile network
                                                                                connectivity is weak.
                                                                                  Honeywell Forge Operations Management,
                                                                                which is a single auditable repository for
                                                                                all logged plant-related operational activity.
                                                                                It also helps with improved situational
                                                                                awareness, communication and decision
                                                                                making during the shift handover and
                                                                                takeover.
                                                                                CAIRN OIL & GAS, VEDANTA, July 28, 2020




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