New Delhi: Mr. Vikram S, Director (Technology & Field Services) at Oil and Natural Gas Corporation (ONGC) and Chairman of the International Association of Drilling Contractors (IADC) – South Central Asia (SCA) Chapter, inaugurated the 41st IADC SCA Chapter Technology Meet. The two-day event was held under the theme “Sixty Dollar Mindset: Technology, Efficiency & Survival”, emphasizing cost discipline, innovation, and operational excellence in the oil and gas sector.
Focus on Efficiency, Innovation, and Sustainable Practices
The technology meet brought together industry leaders, drilling professionals, service providers, and young engineers, fostering knowledge sharing and collaboration. Participants explored ways to enhance efficiency, adopt digital solutions, and strengthen cooperation between operators, contractors, and service companies to improve drilling performance.
The discussions highlighted the importance of standardisation, preparedness, and faster decision-making as critical factors for sustainable growth and maintaining leadership in the competitive energy sector.
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Technical Sessions and Key Topics
The event featured detailed technology presentations and technical sessions covering a wide range of subjects, including:
- Geothermal drilling standards
- Offshore Contractual Service Providers (CSPs)
- Plug and abandonment practices
- Model performance contracting
- Centralised well planning supported by real-time monitoring systems
Speakers underscored that integrating innovative technology with operational discipline is crucial for reducing costs, improving efficiency, and ensuring safety in drilling operations.
Knowledge Sharing and Industry Collaboration
The meet provided a platform for industry collaboration and mentoring of young engineers. Participants shared insights on best practices, emerging technologies, and strategies to tackle challenges in the South Central Asia oil and gas landscape. The event also reinforced the role of IADC in promoting safe, efficient, and technologically advanced drilling practices across the region.
About ONGC:
Oil and Natural Gas Corporation (ONGC) is India’s largest oil and gas exploration and production company and a leading Maharatna public sector undertaking. The company plays a critical role in ensuring the nation’s energy security while maintaining strong emphasis on operational safety, sustainability, and skill development across its workforce.
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