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    Export Surge: India Steps Up on Global Stage

    Omkar, Grade 10 student at Canadian International School (CIS), Bangalore.

    CIS Student Omkar Earns Global Recognition with Distinctions in Music and International Violin Performance

    Passenger Demand Grows 4.6% in August

    UPDATE ON ING’S EXIT FROM THE RUSSIAN MARKET

    World leaders show strong support for political declaration on noncommunicable diseases and mental health

    150 students complete Sona Group’s Xccelerator 2.0 Programme powered by Unreal Engine, Dassault

  • National
    • All
    • Economy & Politics
    • Election

    PM to visit Maharashtra on 8-9th October

    Timex India Set to Elevate Fashion Trends as Title Sponsor of 11th Edition of India Beach Fashion Week

    Herbalife India Launches Liftoff® – A Zero Added Sugar Effervescent Drink

    The (NALSA), in collaboration with the (MCPC) of the Supreme Court of India, 90-day “Mediation for the Nation” campaign concludes.

    CIS Student Omkar Earns Global Recognition with Distinctions in Music and International Violin Performance

    Phoenix Mall of Asia, Bengaluru Hosts Spectacular Grand Finale of Phoenix Mega Model Hunt 2025

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    GST Reforms: Powering Punjab’s Growth & Livelihoods

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    Herbalife India Launches Liftoff® – A Zero Added Sugar Effervescent Drink

    Chief Minister Siddaramaiah inaugurated a super specialty hospital in Belgaum.

    Heart Transplant Gives 63-Year-Old Man from Madanapalle a New Lease of Life

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    Mauritius to Host 2nd International Musculoskeletal Summit (IMS 2.0) 2025

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    NTT DATA Enhances Salesforce Capabilities with Strategic Acquisition of EXAH

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    Apple Koregaon Park opens to customers this Thursday, September 4, in Pune

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    One millionth Volvo plug-in hybrid now on road

    Stellantis and Mistral AI Expand Their Collaboration to Accelerate Enterprise-Wide AI Adoption

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    Toyota Launches Strategic Investment Subsidiary and Woven Capital Fund II to Accelerate Transformation into a Mobility Company

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    Coca-Cola India & ICC Bring Back Maidaan Saaf for the ICC Women’s World Cup 2025

    KHELEGI and FemaleInSports.com Launch ‘KHELEGI Kahaani’ to Celebrate Barrier-Breaking Female Athletes

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    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

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    Timex India Set to Elevate Fashion Trends as Title Sponsor of 11th Edition of India Beach Fashion Week

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    Made for 10/10 Celebrations: Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette announce their flagship festive sale event, 10/10

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Reliance and bp announce first gas from Asia’s deepest project

by FWM
December 18, 2020
in Business
0

18 December 2020

  • Commissioned India’s first ultra-deepwater gas project
  • First in trio of projects that is expected to meet ~15% of India’s gas demand and account for ~25% of domestic production
  • Reliance Industries Limited (RIL) and bp today announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India.

    RIL and bp are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to meet ~15% of India’s gas demand by 2023. These projects will utilise the existing hub infrastructure in KG D6 block. RIL is the operator of KG D6 with a 66.67% participating interest and bp holds a 33.33% participating interest.

    R Cluster is the first of the three projects to come onstream. The field is located about 60 kilometers from the existing KG D6 Control & Riser Platform (CRP) off the Kakinada coast and comprises a subsea production system tied back to CRP via a subsea pipeline. Located at a water depth of greater than 2000 meters, it is the deepest offshore gas field in Asia. The field is expected to reach plateau gas production of about 12.9 million standard cubic meters per day (mmscmd) in 2021.

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    “This start-up is another example of the possibility of our partnership with Reliance, bringing the best of both companies to help meet India’s rapidly expanding energy needs. Growing India’s own production of cleaner-burning gas to meet a significant portion of its energy demand, these three new KG D6 projects will support the country’s drive to shape and improve its future energy mix.”

    Bernard Looney, group chief executive

    Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited added: “We are proud of our partnership with bp that combines our expertise in commissioning gas projects expeditiously, under some of the most challenging geographical and weather conditions. This is a significant milestone in India’s energy landscape, for a cleaner and greener gas-based economy. Through our deep-water infrastructure in the Krishna Godavari basin we expect to produce gas and meet the growing clean energy requirements of the nation.”

    bp Chief Executive Bernard Looney said: “This start-up is another example of the possibility of our partnership with Reliance, bringing the best of both companies to help meet India’s rapidly expanding energy needs. Growing India’s own production of cleaner-burning gas to meet a significant portion of its energy demand, these three new KG D6 projects will support the country’s drive to shape and improve its future energy mix.”

    The next project, the Satellites Cluster, is expected to come onstream in 2021 followed by the MJ project in 2022.

    Peak gas production from the three fields is expected to be around 30 mmscmd (1 bcf/d) by 2023 which is expected to be about 25% of India’s domestic production and will help reduce the country’s dependence on imported gas.

Tags: bp:Kakinada coastReliance Industries Limited

FWM

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