Indian Oil in talks with Orpic for technical collaboration
Indian Oil Corporation (IOC) is in discussions with Oman Oil Refineries and Petroleum Industries Co (Orpic) to offer its new technological products for future projects in Oman, according to a senior official of IOC.
IOC is also in discussion with Omani authorities for providing technical collaboration for the upcoming Duqm refinery project, the official said.
“We had a meeting with Orpic officials and discussed about how various of our [IOC] technologies can be implemented at Orpic refinery for future expansions. We also visited Sohar refinery to understand its configuration and the type of petrochemicals complex they are looking to build along with the refinery,” Dr S K Mazumdar, executive director (refining technologies) at IOC, told Muscat Daily on the sidelines of World Heavy Oil Congress & Exhibition (WHOC). Dr Mazumdar is in Oman to participate in WHOC as a guest speaker.
Speaking about IOC’s operations in India, he said IOC has vast experience and expertise in running refineries. “We are running one of the oldest refineries in India and at the same time we also have the newest one. So it gives us experience on diverse technologies needed to run refineries that are sourcing crude from different locations across the world.”
“The discussion was also to see if some of our niche technology products and services can be supplied to Oman as add on,” Dr Mazumdar said, while adding that IOC can help Orpic in a number of technical matters as the company has expertise in LPG and other gas production.
On future prospects of the collaboration with Orpic, he said “It is only the beginning. We just discussed a number of things, which can be the basis of collaboration between the two companies in future. Besides this, we had a talk about collaboration for Duqm refinery and we will be looking forward for a tie-up for Duqm also.”
IOC was earlier known for managing refineries only, but later it started working towards building pipelines to transfer crude, and now the company is slowly building upstream business also, Dr Mazumdar said.