Oil & Natural Gas Corporation Ltd.

Oil and Natural Gas Corporation (ONGC) and Indian Institute of Technology-Madras (IIT Madras) have collaborated to develop a software, for monitoring its over 280 fixed offshore platforms besides enhancing operational life and reducing operating costs.

This collaboration would enhance operational life cycle of the company’s existing platforms and reduce running and operating costs by optimum use of offshore survey needs. An agreement for the project ‘Development of Structural Integrity Management System (SIMS) For Offshore Platforms of ONGC’ was signed between both entities.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.