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Petroexcel Technology Services

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ISSL Market Services Interview Questions and Answers

Updated 10 Jan 2025

Q1. Explanation of 2phase and 3phase separator operation, compressor operation, pump operation , P&ID ,commissioning and start up

Ans.

Explanation of 2phase and 3phase separator operation, compressor operation, pump operation, P&ID, commissioning, and start-up.

  • 2phase separator separates gas and liquid phases, while 3phase separator separates gas, oil, and water phases.

  • Compressor increases the pressure of a gas to move it through a pipeline or process.

  • Pump transfers fluids by increasing their pressure.

  • P&ID (Piping and Instrumentation Diagram) is a schematic representation of a process system.

  • Commissioning is ...read more

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Q2. What is perpetual inventory?

Ans.

Perpetual inventory is a system of tracking inventory levels on a continuous basis, updating in real-time as items are bought or sold.

  • Perpetual inventory provides a more accurate and up-to-date view of inventory levels compared to periodic inventory systems.

  • It involves using technology such as barcode scanners and inventory management software to track inventory movements.

  • Perpetual inventory helps in reducing stockouts, overstocking, and improves inventory management efficien...read more

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Q3. Depreciation rates on fixed assests as per Income Tax Act and Companies Act

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Q4. Reconfirmation to all consent

Ans.

Reconfirmation of consent is essential for compliance and ethical considerations.

  • Reconfirming consent ensures that all parties are fully aware and agree to the terms and conditions.

  • It is important to document the reconfirmation process to demonstrate compliance with regulations.

  • Examples of reconfirmation methods include sending reminder emails, obtaining signatures on updated consent forms, and conducting verbal confirmations.

  • Consent should be reconfirmed periodically or when...read more

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Q5. What is HAE Management

Ans.

HSE Management is the process of managing health, safety, and environmental risks in the workplace to ensure the well-being of employees and compliance with regulations.

  • HSE Management involves identifying potential hazards in the workplace

  • Developing policies and procedures to mitigate risks

  • Training employees on safety protocols

  • Conducting regular inspections and audits to ensure compliance

  • Investigating incidents and implementing corrective actions

  • Monitoring and reporting on HS...read more

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Q6. TDS deducted before payment to contractors

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Q7. Breif bio data about urself

Ans.

I am a dedicated and experienced Base Manager with a strong background in logistics and operations management.

  • Over 5 years of experience in managing base operations

  • Skilled in coordinating logistics and supply chain activities

  • Proven track record of optimizing processes to improve efficiency

  • Strong leadership and team management skills

  • Excellent communication and problem-solving abilities

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