Hotline: 1800 102 2007
X
Search Business Opportunities
Sep, 21 2018

IIT Madras, ONGC sign deal to boost operational lifecycle of offshore platforms

IIT-M will develop a database management system for more than 280 platforms of ONGC.

Indian Institute of Technology Madras (IIT-M) has announced a collaboration with Oil and Natural Gas Corporation Limited (ONGC) for boosting the operational life cycle of the latter's existing platforms and for reducing running and operating cost by optimum use of offshore survey requirements.

IIT-M will develop a database management system for more than 280 platforms of ONGC. The institute will also be developing software for structural integrity management system (SIMS).

Prof. Ravindra Gettu, Dean (Industrial Consultancy and Sponsored Research), IIT Madras, said, "This is an important collaboration that has the potential to bring about significant results. We are sure this will be the first of many such tie-ups between IIT Madras and ONGC."

Dinesh Kumar, Executive Director, Head of Institute of Engineering and Ocean Technology (IEOT), ONGC, Panvel, said, "This kind of collaboration will go a long way in benefiting the country. This is part of a concerted effort to further industry-academic collaboration and a good start has been made between IIT Madras and ONGC. " 

The agreement has been signed between Prof. Ravindra Gettu and Dinesh Kumar for the Collaborative R&D project titled 'Development of Structural Integrity Management System (SIMS) For Offshore Platforms of ONGC'.

Comment
Related opportunities
  • Quick Service Restaurants
    About Us: Doner & Gyros is a casual fast food restaurant..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Competitive Exam Coaching Institute
    About Us   Founded in 1996 by a team of leading educationists,Dr.Bhatia..
    Locations looking for expansion Delhi
    Establishment year 1996
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Online learning/E-learning
     Join hands with Smart school Education Pvt Ltd and be..
    Locations looking for expansion New Delhi
    Establishment year 2008
    Franchising Launch Date 2011
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Central Delhi New Delhi
  • About Us: Join hands with Iris Florets - the happy play..
    Locations looking for expansion Telangana
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities