Oil and Gas_ProjectsMonitor

Oil drilling in assam_ProjectsMonitorThe Petroleum secretary has directed all stakeholders to work towards implementation of Sectoral Innovation Council report that was prepared by the petroleum ministry in December 2012. The Council was constituted as a part of National Innovation Council to drive innovations in the hydrocarbon sector through policy inputs and initiatives.

The Report covers Upstream, Midstream and Downstream and was circulated to all concerned for implementation. It is decided by the ministry that the implementation related to Up-stream, Mid-stream and Downstream may be initiated by ONGC, GAIL and IOCL respectively in collaboration with other stakeholders, like Centre for High Technology, OMCs , and OIL.

The ministry has mentioned that the implementation of the Report may be monitored by the sub-group of Innovation Council formed during the preparation of the Report led by the concerned Joint Secretaries. The overall monitoring will be done by the Innovation Council for Petroleum and Natural Gas . The Innovation Council will meet every six months to monitor the implementation of the Innovation roadmap.

The secretary has asked all the stakeholders to initiate necessary action for timely implementation of the recommendations made in the report.

The major recommendations in the upstream sector include bringing deepwater technology as immediate requirement, policy framework for covering inherent risk and cost of exploring the frontier, right policy frameworks to boost oil and gas manufacturing sector in India. According to the report, at present, there is a near absence of manufacturing capability related to oil and gas sector in the country. Further, the recommendations include methods to improve R&D in the sector.

In the downstream sector, the recommendations include creation of technology data base, innovation data base and failure analysis system. Further, it stresses on the commercialization of indigenous technologies in the sector.

For the midstream sector the report recommends creating a knowledge forum and implementation of enabling environment in companies for fostering, recognizing and implementing innovations.

Certain recommendations common to all three sectors include improving industry-academia link, enhanced expenditure on R&D, incentivising R&D in public and private sector and development of human resource for innovation.

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