Vedanta Limited
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Cairn Oil & Gas, Vedanta Limited, is the largest private oil and gas exploration and production company in India, accounting for more than a quarter of India’s domestic crude oil production.
Cairn Oil & Gas is the largest private sector producer of crude oil in India, currently producing from assets in Rajasthan, Andhra Pradesh and Gujarat. The Mangala field in Rajasthan, discovered in January 2004, was the largest onshore oil discovery in India in two decades.
Cairn Oil & Gas is India’s largest independent oil and gas exploration and production company, already contributing 25% of India domestic crude production, with a vision to take it to 50%.
Largest private oil and gas exploration and production company in India. India’s petroleum products consumption during FY'2021 was ~194 million MT. Cairn contributed to approximately 25% of India’s crude oil production in FY'2020. Average gross operated production of 161 kboepd in FY'2022.
Cairn Oil & Gas, Vedanta Ltd, is India's largest private oil and gas exploration and production company, contributing a quarter of India’s domestic crude production. We are working towards India's energy security and envisioning to contribute 50%, sustainably and responsibly.
Feb 9, 2023 · Cairn said in October 2022 that it signed a 10-year production sharing contract for its oil and gas block exploration works in the western state of Rajasthan with the Indian petroleum and natural gas ministry.
May 26, 2023 · Cairn Oil & Gas, part of billionaire Anil Agarwal’s Vedanta Resources, has revealed its reserves and resources portfolio in India has crossed 1 billion barrels of oil equivalent.
Jan 13, 2022 · Vedanta-owned Cairn Oil & Gas is preparing to kick-start a key shale exploration campaign in its prolific Rajasthan asset, along with a sizeable enhanced oil recovery (EOR) programme as it...
3 days ago · The Supreme Court of India has dismissed an appeal by the Ministry of Petroleum and Natural Gas regarding a case involving the development of Ravva oil and gas fields in Rajasthan. This decision clears the way for the foreign arbitral tribunal to award costs to Vedanta Ltd's predecessor, Cairn India. The dispute, dating back to the early 2000s, centered on cost recovery related to exploration activities under a production sharing contract. The tribunal had previously ruled in favor of Cairn ...
Apr 25, 2017 · Cairn India Share Price: Find the latest news on Cairn India Stock Price. Get all the information on Cairn India with historic price charts for NSE / BSE.
