Earth Sciences – The KGP Chronicle

IIT Kharagpur inked a Memorandum of Understanding (MoU) with HCLTech, a leading global technology company on 31 May 2023, to collaborate in the field of petroleum engineering and earth sciences. HCLTech and IIT Kharagpur will jointly develop innovative and sustainable solutions to address critical challenges of the petroleum industry including reduction of carbon footprint and provide significant sustainable solutions towards net zero carbon emissions.

“We are pleased to work with HCLTech on this path-breaking initiative. Academia and industry need to forge such symbiotic partnerships that will be instrumental in advancing research and innovation in technology, besides creating a skilled workforce. Joint activities in research and knowledge development have tremendous potential for creating economic and social impact on society,” said Prof. Chandan Chakraborty, Dean (R&D), IIT Kharagpur.

Under the agreement, HCLTech will work to provide opportunities to students and research scholars from IIT Kharagpur to undertake projects and internships at the company, using state-of-the-art technologies to develop digital solutions in the exploration, drilling and production of hydrocarbons. Both IIT Kharagpur and HCLTech will initiate collaboration on programmes of sustainability that includes discussions, podcasts and joint presentations at international forums on transformative initiatives in the oil and gas sector.

“We are pleased to announce our partnership with IIT Kharagpur, which is focused on developing advanced solutions for the oil and gas industry using cutting-edge technologies such as AI/ML, IoT, Industry 4.0, digital engineering, and cloud computing. We aim to introduce eco-friendly solutions that promote innovation, optimize value and prioritize low-carbon sustainability within the industry,” said Ajay Bahl, Chief Growth Officer, Americas, Mega Industries, HCLTech.

Across the value chain, HCLTech provides solutions spanning complex engineering in the upstream and leverages its experience and capabilities in digital transformation, IoT, automation, analytics and artificial intelligence to help unlock value for organizations in their transformation journey.

HCLTech is a global technology company, home to more than 225,900 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering and cloud, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending March 2023 totaled $12.6 billion. To learn how we can supercharge progress for you, visit hcltech.com.

Media Coverage :

Times of India	Telegraph	Economic Times
Business Standard	The Print	CNBC TV 18
Deccan Herald	Dainik Jagran	Hindi Bartaman
Devdiscourse	Edex Live

By : Poulami Mondal, Digital & Creative Media Executive (Creative Writer)
Email: poulami.mondal@iitkgp.ac.in, media@iitkgp.ac.in, Ph. No.: +91-3222-282007

Follow us on: Facebook – IIT Kharagpur; Twitter – @IITKgp; Instagram – @iit.kgp; LinkedIn – Indian Institute of Technology
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Under the aegis of Atmanirbhar Bharat, Indian Institute of Technology Kharagpur signed a MoU (Memorandum of Understanding) with Oil India Limited on research collaboration in the broader areas of Earth Sciences and Hydrocarbon Exploration. The event was graced by Dr. Ranjith Rath, Chairman & Managing Director, Oil India Limited, senior officials of OIL, Prof. Virendra Kumar Tewari, Director, IIT Kharagpur, Prof. Amit Patra, Deputy Director, IIT Kharagpur, Prof. Chandan Chakraorty, Dean, Research and Development (R&D); Prof. Paresh Nath Singha Roy, Chairperson, Deysarkar Centre of Excellence in Petroleum Engineering and other senior professors of IIT Kharagpur.

Dr. Ranjit Rath, CMD, Oil India Limited remarked “As a step towards its commitment of ensuring India’s energy security and making India less import dependent, OIL has adopted a 3-pronged strategy of enhanced exploration activities with leap of faith exploration acreage of 50,000 plus sqkm pan India; Mission 4+ to expedite & augment domestic production of crude oil & natural gas; and expand its alternate energy portfolio aimed at achieving Net Zero by 2040”.

The collaborative Research & Development (R&D) between both the organizations will invigorate industrial and inter-disciplinary research and training undertaken at Deysarkar Centre of Excellence in Petroleum Engineering at IIT Kharagpur in Upstream, Midstream and Downstream segments of the Oil and Natural Gas value chain entailing hydrocarbon exploration, development, production, reservoir management including IOR & EOR, pipeline transportation, sedimentary basin analysis, refining & process technology etc.

“The MoU is a step towards Industry-Academia collaboration in advanced technologies in earth sciences and hydrocarbon exploration to cater to the growing demands of hydrocarbon exploration and extraction. Through this MoU, both OIL and IITKGP will engage themselves in various joint research initiatives and advanced technology solutions in energy sector and other areas of mutual interest,” Dr. Rath further added.

Prof. Virendra Kumar Tewari, Director, IIT Kharagpur remarked, “To support innovation and start-up ecosystem for a sustainable future, we need to indigenize, modernize, and renovate the oil refining industry. The focus should be on domestic exploration of petrochemical production capacity. Application of Geoscience, Engineering & Design, Chemical & Process Technologies, and R&D initiatives along with application of GIS and Remote sensing studies in Oil and Natural gas industry will create investment opportunities through Atmanirbhar Bharat.

Further, Prof. V K Tewari accompanied by a team of professors will visit different exploration sites of Oil India to augment areas of research collaboration and project implementation.

“India contributes 5% share in the global oil demand and has the fourth-largest crude refining capacity in the world. 10% Ethanol-blended petrol which has already been achieved in our country will maximize the dependence on alternative energy,” opined Prof. Tewari.

Media Coverage :

PTI	The Print	Economic Times
Dainik Jagran	Ei Samaye	India Blooms
IBG News	WSquare News	Bartaman (Hindi)

Dainik Jagran Ei Samaye

By : Poulami Mondal, Digital & Creative Media Executive (Creative Writer)
Email: poulami.mondal@iitkgp.ac.in, media@iitkgp.ac.in, Ph. No.: +91-3222-282007

Follow us on: Facebook – IIT Kharagpur; Twitter – @IITKgp; Instagram – @iit.kgp; LinkedIn – Indian Institute of Technology
For news visit: https://kgpchronicle.iitkgp.ac.in/

Tag: Earth Sciences

IIT Kharagpur inks MoU with Oil India Limited