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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
Week 30 30•July•2020 www. NEWSBASE .com P19