News Briefs-I

8Ved Prakash Mahawar takes over as ONGC Director (Onshore): Ved Prakash Mahawar has taken over as the Director (Onshore) of ONGC.
--Mahawar brings with him 33 years of vast experience of managing drilling and operational functions, holding various key positions across vast spectrum of oil field activities.
--Prior to his joining the present assignment he has been OSD (Onshore) at Delhi for some time before which he was heading the Tripura Asset of ONGC as Executive Director-Asset Manager. ---Under his leadership, Tripura Asset saw increase in gas production by more than two folds. During his tenure ONGC commenced supplying gas for both units of ONGC Tripura Power Company-OTPC. He has also been instrumental in monetization of two discovered fields, putting them on production.
--A mechanical graduate from the Pandit Ravi Shankar Shukla University, Raipur, Mahawar started career with ONGC as Drilling Engineer in 1982. He is known as the first sub-sea engineer of ONGC.
8ONGC to drill another well in Ramnad area: ONGC will soon start drilling another well in its Ramnad block.
--The exploratory drilling location -- dubbed KJWAA -- has been finalized by the E&P major.
--The company will soon finalize a contractor to carry out civil works in the drilling area so that a rig can be deployed.
--A total of2.765 mmscmd of gas has already been allocated from the Ramnad block to five customers, namely Coromandal Electric Company, Sai Regency Power, Arkay Energy, Pioneer Power and Tangendco.
--An additional demand of 2.058 mmscmd of gas from the field has also been submitted by theexisting five customers.