On 20 March, a group of representatives from India's ONGC state oil and gas corporation and the Indian Institute of Management (Calcutta), led by Professor Prodeep Kumar Sett, visited Gazprom International's Moscow office.
The Indian delegation mainly comprised heads of the ONGC production block. The purpose of the visit was to study the experience of foreign oil and gas companies in the field of project management and technologies.
The hosting party was headed by the company's Chief Geologist Sergey Karnaukhov and Deputy Head of Gazprom International for Government Relations and International Cooperation, Alexey Shebarshin.
The guests listened to presentations on subjects such as the decision-making strategy for onshore geological exploration projects (with activities in Central Asian countries as an example), the development of offshore fields, as well as increased recovery at the later stages of field development (using the Shakhpakhty field in Uzbekistan as a case study).
The Indian delegation was also given an insight into a number of aspects of drilling deep and ultra-deep wells based on Gazprom International's experience of working in India and Tajikistan.
The Russian specialists gave reports which led to lively discussions, during which questions were raised relating, in particular, to the situation in the Russian oil and gas industry in terms of availability of skilled maintenance services, the creation of new technologies, ways of attracting outside companies, and much more.
Oil and Natural Gas Corporation Limited (ONGC) was established in 1956 by the Indian government and is the country's largest state oil and gas corporation. ONGC provides 77% of India's total oil production and 81% of its natural gas production, meeting around 30% of the country's demand for hydrocarbons.
It is the largest public company in India with over 74% of shares owned by the state. The company owns and manages over 11,000 kilometres of pipelines in India. In the Russian Federation, ONGC is participating in oil and gas projects in the Tomsk and Sakhalin regions.
Gazprom International has opened a branch office in New-Delhi to develop cooperation and implement joint projects with its Indian partners.