Photo of Akshat Razdan

Senior Associate in the Projects, Energy and Natural Resources practice at the Delhi office of Cyril Amarchand Mangaldas. Akshat has a wide range of experience in advising clients on litigation/ arbitration and commercial/ transactional issues across various sectors including, Oil & Gas, Financial Institutions, Ports, Hydro, Warehousing, Aviation, etc. He can be reached at akshat.razdan@cyrilshroff.com

DECOMMISSIONING OF OIL AND GAS PRODUCTION FIELDS ON HIGH SEAS

The Exploration and Production (E&P) basins usually mature in about 20-30 years. What is left after the prolonged E&P phase are the abandoned installations and wells (onland), sub-sea infrastructure, platforms, and wells (offshore). Once the hydrocarbon resources are exhausted or it becomes unviable to extract them further, the E&P project moves to an abandonment phase, and the project is decommissioned. Decommissioning ensures that the E&P installations and infrastructure are removed subsequent to their abandonment and the site is restored in an environmentally sustainable way.

Continue Reading Decommissioning Of Oil and Gas Production Fields on High Seas

LNG as transport fuel in heavy vehicles India

According to World Health Organization (WHO), seven cities in India are positioned among the most polluted cities in the world. In these circumstances, the need of the hour, among other solutions, is to switch to a cleaner and more sustainable fossil fuel, for instance, liquefied natural gas (LNG). The combustion of natural gas does not emit soot, dust or fumes, and thus it makes it one of the cleanest fossil fuels with high energy to carbon ratio. Continue Reading LNG as Transport Fuel in India