Baker Hughes (BH), the oilfield service subsidiary of General Electric (GE), today announced that it has won an integrated oilfield service and equipment contract for development of the Mangala, Bhagyam and Aishwarya (MBA) fields in Rajasthan, operated by Vedanta’s upstream subsidiary, Cairn Oil & Gas.
“BHGE will provide an integrated scope of oilfield services and equipment, delivered in phases over the next 24 months to help Cairn Oil & Gas, Vedanta Ltd unlock the significant untapped reserves in the MBA fields,” said Baker Hughes.
The firm said that the contract would also involve construction of 300 new wells in Rajasthan and deployment of a chemical Enhanced Oil Recovery programme. “By fast-tracking the operations of the MBA fields, our focus is on enhancing our productivity to support the nation’s energy needs,” said Sudhir Mathur, CEO, Cairn Oil & Gas, Vedanta.
“The decisive factor in awarding the contract was the competency of our partner in delivering solutions that enhance productivity and ensure cost efficiency. BHGE has been a long-term partner to Cairn and with this project we will strengthen our relationship further,” he added. Read More