As India strives for energy self-sufficiency, the country’s upstream oil and gas sector has become a key focus. With renewed government emphasis on expanding exploration and production (E&P) activities, Parveen Industries is proud to play a pivotal role by providing advanced equipment and technology to unlock India’s untapped energy potential.
Driving Growth in India’s Upstream Sector
Currently, India imports over 85% of its crude oil needs. However, with vast domestic resources available, the government is intensifying efforts to expand exploration. India’s sedimentary basins are estimated to hold 651.8 million tonnes of crude oil and 1,138.6 billion cubic meters of natural gas, yet only 10% of this area has been actively explored. The government’s target is to increase exploration acreage to 1 million square kilometers by 2030, offering substantial opportunities for the upstream sector.
The government is welcoming both local and foreign investors to achieve its exploration goals and is committed to promoting a robust investor base in India. At Parveen Industries, we are fully prepared to support this growing demand with our state-of-the-art manufacturing capabilities. Our seven manufacturing plants across India, including a forging facility with a capacity of 600 metric tonnes per month, enable us to meet the increasing demand for high-quality, reliable upstream equipment. Our products adhere to the highest international standards, including wellhead and Xmas tree equipment, choke and kill manifolds, downhole completion equipment, and more.
Advanced Equipment to Power Exploration
We offer a wide range of advanced products designed specifically for upstream applications to support the full lifecycle of oil and gas exploration and production. Our offerings include:
- Wellhead and Xmas Tree Equipment: Ensuring operational safety and reliability with our advanced components.
- Choke and Kill Manifolds: Essential for managing well control, our high-performance manifolds are critical for safe operations.
- Downhole Completion Equipment: An extensive range of tools designed to meet various field requirements.
- Gas Lift Equipment: Enhancing operational efficiency with our gas lift valve equipment, including flow control valves and mandrel valves.
With India’s energy sector rapidly expanding into previously unexplored areas, such as the Andaman Islands, Parveen Industries is committed to delivering the equipment necessary for efficient and sustainable oil and gas exploration.
A Vision for a Sustainable Energy Future
Parveen Industries recognizes that the upstream sector is crucial to India’s energy security. As the country works to reduce its dependence on crude oil imports, it is vital that local exploration and production efforts receive full support. Our focus on research and development ensures continuous innovation to meet the evolving needs of the sector, from smart completion equipment to surface safety valves and production packers.
Moreover, as the government opens more energy-rich basins to exploration, including previously restricted zones, our range of coil tubing pressure control equipment and wireline pressure control equipment is essential for ensuring safety and precision in operations.
Supporting Collaboration and Growth
To foster growth in the upstream sector, the government has established a Joint Working Group (JWG) that brings together private E&P operators, National Oil Companies (NOCs), and key stakeholders to tackle business challenges and optimize regulatory frameworks. At Parveen Industries, we are dedicated to being an active partner in these discussions, leveraging our expertise to shape the future of India’s upstream sector.
Explore Our Advanced Solutions
At Parveen Industries, we are proud to be a trusted partner in powering India’s upstream oil and gas future. Our comprehensive range of equipment, from unitized wellheads to production testing equipment, is designed to ensure the highest standards of safety, efficiency, and reliability in oil and gas exploration.
Explore more about our innovative equipment solutions:
- Sub-Surface Safety Equipment
- Coiled Tubing Tools
- Hydraulic Gate Valves
- Wireline Tools and Accessories
Together, we are building a sustainable energy future for India and the world.
Frequently Asked Questions (FAQs)
- What products does Parveen Industries offer for the upstream oil and gas sector?
Parveen Industries provides a comprehensive range of equipment, including wellhead Xmas tree assemblies, choke and kill manifolds, gas lift valves, downhole completion equipment, and coil tubing pressure control equipment. Explore our products page for more information. - How is Parveen Industries contributing to India’s energy self-sufficiency?
We support India’s energy goals by providing advanced equipment for oil and gas exploration and production. Our products are essential for maximizing efficiency and safety in the upstream segment, aligning with the government’s goals of expanding exploration acreage and reducing reliance on imports. - Where can I learn more about Parveen Industries’ certifications?
We are committed to maintaining the highest standards of quality. You can learn more about our certifications on our website. - How does Parveen Industries support exploration in challenging environments?
Our products, including surface safety valves, gas lift valves, and wireline tools, are designed to perform efficiently in challenging exploration environments, such as the deepwater basins of India’s Andaman Islands. These tools ensure safe and effective extraction. - How can I contact Parveen Industries for more information?
You can reach out to us through our contact page for more information or inquiries.