RIL’s Strategic Alliance with BP

2019 ◽  
Vol 16 (2) ◽  
pp. 218-239
Author(s):  
Brahmadev Panda ◽  
N. M. Leepsa

Reliance Industries Ltd. (RIL), the largest private sector company in India, invested in oil and gas fields by winning the bid under New Exploration and Licensing Policy in the year 1999 and aspired to exploit the growing Indian energy market. Though RIL developed the KG-D6 gas blocks in record time, soon after, it was engulfed with some issues like lack of technical expertise, geological complexities and huge capital expenditures. To tackle these issues RIL was hunting for a partner with technical expertise. Meanwhile, British Petroleum (BP) was also grappling with some serious hurdles and eyeing for a new market. India was the best bet for BP as it has recognized the potential of the subcontinent and its earlier stint with RIL inspired BP to invest in India. This case study analyses whether the much-anticipated deal was successful or not. This case study discusses the entire background, issues and difficulties encountered by RIL and BP prior to the deal. Further, we investigate the impact of the deal on RIL by analyzing its operational efficiency, financial performance and stock gains in the pre and post period of the alliance. This is an analytical case study based on the secondary databases, where it analyses the various pros and cons of the alliance between RIL and BP.

Petroleum ◽  
2017 ◽  
Vol 3 (1) ◽  
pp. 167-177 ◽  
Author(s):  
Arshad Raza ◽  
Raoof Gholami ◽  
Reza Rezaee ◽  
Chua Han Bing ◽  
Ramasamy Nagarajan ◽  
...  

2019 ◽  
Vol 11 (17) ◽  
pp. 2027 ◽  
Author(s):  
Chengsheng Yang ◽  
Dongxiao Zhang ◽  
Chaoying Zhao ◽  
Bingquan Han ◽  
Ruiqi Sun ◽  
...  

Fluid extraction or injection into underground reservoirs may cause ground deformation, manifested as subsidence or uplift. Excessive deformation may threaten the infrastructure of the oilfield and its surroundings and may even induce earthquakes. Therefore, the monitoring of surface deformation caused by oil production activities is important for the safe production of oilfields and safety assessments of surrounding infrastructure. Karamay oilfield is one of the major oil and gas fields in China. In this study, we take the Karamay oilfield in Xinjiang as a case study to detect surface deformation caused by subsurface fluid injection. Sentinel-1A images of 32 ascending (Path 114) and 34 descending (Path 165) tracks spanning March 2017 to August 2018, were used to derive vertical and horizontal deformation over Karamay oilfield using the MSBAS-InSAR method. The observed two-dimensional deformation exhibited significant vertical and east-west deformation in this region. The maximum uplift and horizontal velocity was approximately 160 mm/year and 65 mm/year, respectively. We also modeled one of the typical deformation zones using a dislocation model in a homogenous elastic half-space.


2016 ◽  
pp. 110-113
Author(s):  
T. V. Maltseva ◽  
T. V. Saltanova ◽  
A. N. Kraev ◽  
V. V. Mironov

The influence of facilities on the foundation made of water saturated ground is studied in view of the impact of various external forces on the foundation. The developed mathematical model of the stress-strained state of the system «facility - foundation» enables to determine maximal stresses and strains occurred in the foundation. The numerical solutions were obtained using the modified finite-element method which took into account the impact of the pore water on the strain characteristics of the ground mineral particles.


2020 ◽  
Vol 2020 (3) ◽  
pp. 95-112
Author(s):  
R Umurzakov ◽  
◽  
S Rabbimkulov

Based on the analysis of published materials, it is noted that the degree of connection between the indicators of the anomalies of the gravitational field and oil and gas content remains unclear. The aim of the research was to study the nature of the dependence and assess the degree of connection between the size and location of oil and gas fields with gravitational anomalies using the example of the Fergana oil and gas region. To solve this problem, the published material on the geological structure and data on the sizes (effective volume) of deposits, as well as data on deep anomalies of the gravity field in the Fai reduction, were used. The study involved about 70 deposits. Analysis of variance showed that the “influence” of the deep anomaly factor on the effective volume of the fields in the Fergana depression is significant and reliable with a probability of 0.99. At the same time, the share of the influence of this factor on the effective volume of oil deposits in relation to the total impact of all factors is 42%, and for oil and gas - 62%. This testifies to the significant influence of deep subcrustal processes that create corresponding gravitational effects on the formation of the size and location of oil and gas fields in the Fergana depression. According to local gravity anomalies, the impact on the location and effective volumes of deposits is significant, but the reliability is low. The degree of influence on them remains unclear. The results obtained can be used to develop methods for forecasting promising areas for performing high-priority geological exploration works.


2021 ◽  
Author(s):  
Wahid Salem Alzmzam ◽  
Walid Bashir Alfaghi

Abstract This work investigates the level of noise in oil and gas fields and its impact on the health of the operators, visitors, and trainees, as well as controlling noise within acceptable levels in the workplace by proper measurement. Risk assessment is done to identify the associated hazards of particular activities or tasks in the fields. Sulfur recovery unit (SRU) at a gas processing complex is the case study which consists of three production plants.Many master points were randomly selected, where workers are present. Therefore, in order to sufficiently measure the level of noise, the measurement of the noise level was performed in different periods of time within the years 2014-2017 and was compared with OSHA limits. Results show that most of the gathered noise field data were beyond the permissive limits of OSHA (85 dB). Ishikawa Diagram depicts the analysis of cause and effect of over limits readings which are rotating machines, maintenance activities, steam leakages, fluid flow, and gas flaring.Finally, the risk assessment presents that such workplaces may present a high noise risk score that could harm the workers.


2020 ◽  
Vol 217 ◽  
pp. 04004
Author(s):  
Nina Rogova

In the process of extraction, collection, transportation and primary processing of hydrocarbons, the lands of the fields are often damaged. For the further operation of the oil field, it is necessary to carry out not only reclamation of disturbed lands, but also oil-contaminated lands formed as a result of accidental spills. The natural environment of Western Siberia is a fragile environment and interference in its existing balance as a result of accidental spills of oil products and pollution of land and water bodies leads to negative consequences for the flora and fauna. If the impact on the natural environment during the development of oil and gas fields during the placement of oil field facilities can still be considered as permissible, then the ingress of oil products into the environment should be considered as negative with far-reaching consequences.


2009 ◽  
Vol 49 (1) ◽  
pp. 13
Author(s):  
Steven Cooper ◽  
Fiona Aoun

Sub Sea Isolation Valves (SSIVs) are normally considered for installation on the majority of facility builds. They first started coming to prominence in the world of safety following the Piper Alpha tragedy in 1988, where 167 people died and the platform was destroyed as a result of an explosion and fire. The aim of SSIVs is to protect the people on the platforms by limiting the amount of hydrocarbon available for a jet fire. Reducing the severity of a jet fire protects the integrity of manned living quarters in the event of an issue with the pipeline. This theory still holds true today but twenty plus years on SSIVs are not always included in new facility designs. Oil and gas fields developed in the future are more likely to be in more remote locations with large diameter pipelines tied back to onshore processing facilities. With well bays being replaced by subsea wells and flowlines it would be thought that the SSIV would now be man’s best friend; however, with the oil and gas industry showing a declining trend in fatalities around the world and with design improvements preventing and mitigating the occurrence of major accident events, many operators are questioning the added benefits of the SSIV. This paper debates the use of the SSIV and explores the issues over which many design teams deliberate. It considers the positives and the negatives associated with the SSIV and illustrates why an SSIV installation is a case-by-case prospect. A case study using a risk-based approach for installing the SSIV as part of a design concept is used to help illustrate this point.


Sign in / Sign up

Export Citation Format

Share Document