ONGC Projects and Financial Performance
ओएनजीसी
OnGc
ESG: Ongoing Initiatives
Carbon Capture, Utilisation and Storage (CCUS) for CO2 Sequestration:
ONGC signed an MOU with IOCL under which it is proposed to capture CO₂ from the IOCL's Koyali refinery
and inject into depleted oil fields of ONGC for Enhanced Oil Recovery. Oil gain of 10% and cumulative
sequestration potential of 5 to 6 million ton of CO2 is estimated by 2040. Techno-commercial study
underway.
Pre Feasibility study for Demonstration Offshore Wind Project:
ONGC with NTPC have jointly carried out a Pre feasibility study for development of suitably sized offshore
wind project. Report presently under evaluation
Dynamic Gas Blending (DGB) technology
DGB has been installed in 6 rigs so far, replaces HSD consumption by 50%, reduces fuel cost by 70% and
SO2, NO2 and PM emissions by 49%, 28% and 78% respectively, apart from reduction in Carbon Emissions.
All new Rigs being procured will have DGB system pre installed.
Micro Turbine for power generation at remote locations
Micro-turbines of capacity from 25 KW to 500 Kw installed for use of low pressure gas for power
generation which would otherwise be flared. 7 turbines installed till now save about 1.878 MU of
Electricity annually
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