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.
In 2003, Cairn acquired 100% of the exploration interest and took over as the operator of the block. Ravva block in eastern coast of India was the first offshore oil and gas field to be developed, followed by the Lakshmi gas field in western India, which was discovered in 2000 and commenced production in 2002.
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%.
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.
With a vision to unlock India’s latent energy and mineral resource potential, Cairn Oil & Gas is the largest private sector producer of crude oil in India.
Feb 9, 2023 · India's Cairn Oil and Gas will continue to invest billions of dollars in exploration in an effort to double its share in the country's oil and gas production in the coming years but with a lower carbo.
