Vedanta looks abroad to rope in global players for oil and gas exploration


Vedanta looks abroad to rope in global players for oil and gas exploration

In September 2018, when Anil Agarwal-led Vedanta won 41 of 55 oil and gas exploration blocks in the first round of open acreage auctions (OALP-1), it had not only grabbed headlines but also raised eyebrows.

This was owing to the short deadline given to companies for exploration as there were not many experienced service providers in the country. To tide over this crisis, Cairn Oil & Gas, the hydrocarbon division of Vedanta, has kicked off a programme to rope in global players for end-to-end operations, for which the company claims to be getting positive  responses from major service  Read more

 

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