Cairn Oil and Gas, which is part of the Vedanta Group, has drawn up plans to spend over $ 1.1 billion in coming 18 months to improve the crude oil production from the Mangla, Bhagyam and Aishwarya fields in Barmer. The announcement comes at the heels of Cairn Oil and Gas completing a decade of […]
Mining giant Vedanta’s upstream arm, Cairn Oil and Gas, expects to ramp up its crude oil and natural gas production to an average of 260-270 thousand barrels of oil equivalent per day (kboepd) by the end of financial year 2019-20 (FY20) from its current production of 180 kboepd, the company informed as part of its investor presentation.
Vedanta’s upstream arm, Cairn Oil and Gas, is at an advanced stage of awarding project management service contract to carry out exploration activities for all 41 blocks it won under the Open Acreage Licensing Policy (OALP), Ajay Kumar Dixit,
Vedanta’s Cairn oil and gas has appointed Ajay Kumar Dixit as its new Chief Executive Officer, the company said in a statement today. Dixit will succeed Sudhir Mathur who had resigned earlier this month.
Cairn Oil and Gas, a unit of Vedanta Ltd, will invest $4 billion in its flagship Barmer oil block in Rajasthan, Cairn said on Tuesday.
Sudhir Mathur, chief executive officer at Cairn Oil & Gas, Vedanta’s oil and gas subsidiary, in an exclusive interview with ETEnergyworld talks about how the company plans to invest an additional $1 billion over the next 2-3 years after bagging 41 blocks