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Showing posts from June, 2021

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Is Assam famous for petroleum or coal?

Assam has abundant mineral resources coal, petroleum, limestone and natural gas are the principal mineral resources. It is also the largest producer of crude oil in India. Other minor minerals include magnetic quartzite, silimanites, iron, ore clay and fredspar etc. Oil India Limited (OIL) is the second largest hydrocarbon exploration and production Indian public sector company with its operational headquaters in Duliajan, Assam. India under the adminstrative control of the Ministry of Petroleum and Natural Gas. Assam is a major producer of crude oil and natural gas in India. It was the second place in the world where petroleum was discovered. Asia's first sucessful mechanically drilled oil well was Makum (Assam) way back in 1867. The second oldest oil well in the world still produces crude oil. One of the biggest public sector oil companies in the country. Assam has four oil refineries located at Guwahati, Digboi, Numaligarh, and Bongaigoan with total capacity of 7 MMT

A Perfect Pension ?

Pension A pension is a retirement fund for an employee paid into by the employer, employee or both, with the employer usually covering the largest percentage of contributions. When the employee retires, paid in an annuity calculated by the terms of pension.  Pension savers benefit from large tax benefits, which automatically raise their retirement assets, but to truly maximise your income later in life, you must generate the highest possible returns on your contributions. Four years ago, pension freedom reforms added a new dimension to this argument. Nowadays, the majority of savers do not purchase an annuity that pays a guaranteed regular income when they choose to start cashing in their assets, preferring instead to draw money directly from their savings. In that scenario, you'll need to have appropriate investments in place for this stage of your life. Before and After To put it another way, investing through a pension is now a two-step procedure. The first phase involves atte

Pressure Transmitter Selection on Oil Industry

Important Role of Pressure Transmitters in the Oil & Gas Industry The pressure is on to employ tough, dependable measurement instrumentation in the oil and gas industry's dynamic and volatile environment to keep operations running efficiently and safely. As oil exploration activities move deeper into distant places in search of new oil supplies, the equipment used in research, drilling, and production has gotten increasingly complicated, necessitating the usage of trustworthy and robust pressure sensors more than ever. Wellheads, hydraulic fracturing, service vehicles, drilling equipment, mud systems, intelligent pigs, core analysis, compression systems, and vapour recovery units are all applications that need hazardous site pressure transmitters. Millions of gallons of water, sand, and chemical additives are injected into the well during hydraulic fracturing, or fracking, to break apart rock and liberate gas and oil. High pressures of up to 10,000 psi are used to inject these