Oil India (OIL), a premier Indian national oil company, has signed a memorandum of understanding (MoU) with India’s national research and development (R&D) organisation the Council of Scientific and Industrial Research (CSIR) to explore technological collaboration across the whole energy value chain.
The MoU establishes a formal framework for collaborative arrangement between OIL and CSIR Labs for pursuing research in advanced technologies for energy security.
The organisations have identified preliminary areas for joint R&D activities and technology partnership including new frontier areas in hydrocarbon exploration, upstream and downstream operations, new and renewable energy, batteries/storage systems, and green and renewable hydrogen/biohydrogen.
Other areas of interest include: reducing environmental pollution, waste treatment including oil separation and recovery from wastewater and waste sludge including crude oil sludge; corrosion inspection and anti-corrosion coating; extraction of lithium and rare earth elements from oilfield water; stranded natural gas to fuel molecules; and decarbonisation and net zero targets.
OIL chairman and managing director Ranjit Rath said: “OIL has a long association with CSIR labs like IIP and NEIST and has been working together in past.
“The present MoU will open the gateway for collaboration with all the labs of CSIR. OIL being an integrated energy company intends to be at the forefront in terms of technology adoption in the energy value chain, with a global presence providing value to the stakeholders. The collaboration with CSIR would play a catalytic role to achieve these objectives in mission mode.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
In addition, the two organisations have agreed to cooperate to enhance capacity building through skill development and training.
CSIR director general N Kalaiselvi said: “CSIR is a premier R&D organisation engaged in cutting-edge R&D and developing technologies and products in frontiers areas science and technology. CSIR is known for its capabilities and competency in Industrial R&D.
“Thus, this collaboration would not only be mutually rewarding but also beneficial for the country in the long term.”