Offshore World is an all-encompassing magazine for the hydrocarbon and allied industries. A quarterly magazine launched in December 2003, Offshore World disseminates authentic, critical and well-researched information on global hydrocarbon industry innovations.
The magazine offers latest and strategic information on the upstream and downstream hydrocarbon industry. The endeavour of Offshore World is to become a vehicle in making "Hydrocarbon Vision 2025" a reality in terms of technologies, markets and new directions, and to stand as a medium of reflection of the achievements and aspirations of Indian hydrocarbon industry.
The magazine extensively covers technological advances, reviews & forecasts, new products, processes & solutions, upcoming projects, market trends, R&D, events, products review, book review, industry surveys, environment management, news & views, interviews, awards, outstanding performance by individuals & organizations, case studies and practice oriented and well researched articles and features by industry experts.
October - November 2011 Issue
INTERVIEW
Unlocking the Hidden Potential
Oil and Natural Gas Corporation (ONGC) has approved investment of about 
26,000 crores to monetise the marginal fields that were discovered in offshore so far. As the international crude prices were quite low these were uneconomical. The hydrocarbon major accounts for almost 79 per cent of India's crude oil and 54 per cent of natural gas production. ONGC has monetised 50 marginal fields and plans to monetise remaining fields expeditiously to meet the burgeoning domestic demand of oil and gas. J G Chaturvedi, Executive Director - Chief, New & Marginal Field Development, ONGC says that this stems from the steep rise in energy prices and indigenous demand. He sees this as the way forward in the years to come and says, “These will contribute significantly to meet the supplies of almost 3-4 MMT oil per annum in the country in the years to come”. In an exclusive interview with Mittravinda Ranjan he elucidates on the various production strategies and the challenges to unlock the potential of these hidden assets...
- J G Chaturvedi, Executive Director - Chief, New & Marginal Field Development, ONGC
FEATURES
Selection of Tank & Roof for Storing Hydrocarbons
Strorage Tanks are an integral part of Oil and Gas Exploration and Production Industry. These come in various hues and different roof designs. This article seeks to review the common types of stroge tanks and bring out the rationale behind the selection of type of tank as well as type of roof...
- M M Sunilkumar
Cost Effective Approach for Liftboat Design
Liftboats are the preferred vessel for most shallow water jobs in the United States Gulf of Mexico (GOM), where there are
about 200 such vessels. So, outside the US-GOM, why are they virtually unknown? This article will address the overall
features of a liftboat, its uses, and address the question - why have they been unknown outside the US-GOM...
- Ronald E Sanders
Fiber Optic Technology to Secuure Pippeline Assets for Hydrocarbon Industry
As new methods for oil and gas extraction are being
implemented, previously untapped petroleum reserves
are being utilised in remote locations the world over.
A single incident can have devastating effects, causing
death, property destruction, service interruptions, and
environmental damage, and often costing the pipeline
operator millions of dollars in financial losses...
- David A Smith
The Case for Joint Integrity Managemment
With the opening of a new Indian
HQ in Bangalore, globally-respected
joint integrity and specialist machining
company, Hydratight, is on a mission,
to persuade the region’s chemical, oil
and gas companies to tighten their
procedures and increase their respect for
the humble bolted flange. The company’s
top expert on joint integrity, Paul Holland,
explains why...
- Paul Holland
Pipeline Coatings Maintenance Tips for a Successful Project
With thousands of pipelines spanning across the planet, transporting precious materials from petroleum to
potable water, chemicals to natural gas; a comprehensive maintenance programme for pipeline systems is more
important than ever before. The article details top 'Ten Pipeline Coatings Maintenance Tips'...
- Bruce Toews
Apt Policy Environment - Key to Oil Exploration Investments
The average price of oil scaled new highs during the past decade (2001-2010), much higher than the levels seen in the
preceding 14 decades and double of that in the preceding decade of 1991-2000. As a result, suddenly strong interest
has aroused in oil exploration globally. In this context, it becomes very much pertinent to study the behaviour of
oil companies with regard to investments in oil exploration and factor that plays key role behind these investments
- government policies...
- Nazir Ahmed Moulvi & Niteen Jain
Demand Spree
Domestic natural gas production in India is about 120 million metric standard cubic metre
per day (MMSCMD), as against a demand of around 189 MMSCMD. Currently, the country is importing 46.5 units of Liquefied Natural
Gas (LNG). By the end of 12th Five Year Plan (2012-13 to 2016-17), the demand of natural gas is expected to grow over two-fold. As
per the Oil Ministry's projections, from the current demand of natural gas of 189 units, the demand will increase to 473 units
(in 2016-17). If we go by the projections, the overall demand would grow from 293 MMSCMD (in 2012-13) to 473 MMSCMD (in
2016-17) over the 12th plan period and from 494 MMSCMD (in 2017-18) to 606 MMSCMD(in 2021-22) over the 13th plan period...
- Sneha Sinha
