Convention centre pragati maidan, Event venue in New Delhi, India

Mumbai (Maharashtra), [India], June 30, : Reliance Industries Limited (RIL) and bp p.l.c. on Friday confirmed the commencement of production from the MJ field, following testing and commissioning activities.The MJ field represents the last of three major new deepwater developments the RIL-bp consortium have brought into production in block KG D6 off the east coast of India.The start of gas and condensate production from the MJ field follows the start-up of the R-Cluster field in December 2020 and Satellite Cluster in April 2021. All three developments utilise the existing hub infrastructure for the block.Together, the three fields are expected to produce around 30 million standard cubic metres of gas a day (1 billion cubic feet a day) when MJ field reaches peak production.This is expected to account for around one third of India's current domestic gas production and meet approximately 15 per cent of India's demand."We continue to be proud of our partnership with bp that combines our expertise in commissioning complex projects under some of the most challenging environments in the last few years. Alongside the other KG D6 fields, the MJ development truly supports the 'Make in India' and 'Energy vision' laid out by the Government of India," said Mukesh Ambani, Chairman and Managing Director of Reliance Industries."By safely bringing these new developments onstream, RIL and bp are making an important contribution to meeting India's demand for secure supplies of gas. Our close strategic partnership with RIL now stretches back over 15 years and we are proud of how it continues to deepen - in gas, retail, aviation fuels and sustainable mobility solutions. Together we are helping to meet India's growing energy needs, bringing the best of each partner to create real value," said bp Chief Executive Bernard Looney.Discovered in 2013 and sanctioned in 2019, the MJ field is located in water depths of up to 1,200 metres about 30 kilometres from the existing onshore terminal at Gadimoga on the east coast of India.MJ is a High Pressure and High Temperature (HPHT), gas and condensate field. The field will produce from eight wells and reach a peak gas production of around 12 MMSCMD gas and 25,000 barrels of condensate per day.The development includes a new Floating Production, Storage and Offloading (FPSO) vessel - the 'Ruby' - to process and separate the condensate, gas, water, and impurities, before sending the gas onshore for sale. Condensate is stored on the FPSO before being offloaded to shuttle tankers for supply to Indian refineries.RIL is the operator of the KG D6 block with a 66.67 per cent participating interest and bp holds a 33.33 per cent participating interest.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Convention Centre Pragati MaidanFOLLOW

Convention centre pragati maidan, Latest News

Visakhapatnam (Andhra Pradesh) [India], June 30 : Minister for Industries, Commerce and Information Technology Gudivada Amarnath on Friday said ... ...

New Delhi [India], June 30 : The Supreme Court on Friday tagged a plea by the sister of gangster-politician ... ...

New Delhi, June 30 About 58 per cent younger, purpose-driven generation (Gen Z) intend to walk away if ... ...

Lucknow (Uttar Pradesh) [India], June 30 : With an aim to prevent electricity-related accidents during monsoon, the Yogi government ... ...

Imphal (Manipur) [India], June 30 : A large number of supporters, including women gathered outside the residence of the ... ...

Visakhapatnam (Andhra Pradesh) [India], June 30 : As many as seven people were injured after a fire broke out ... ...

Shimla (Himachal Pradesh) [India], June 30 : Naresh Chauhan, media advisor to the Himachal Pradesh Chief Minister, on Friday ... ...

Mumbai (Maharashtra), [India], June 30, : Reliance Industries Limited (RIL) and bp p.l.c. on Friday confirmed the commencement of ... ...