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Cairn Oil & Gas opens doors to global partners for $5bn plan
Cairn Oil & Gas, part of the Vedanta Group, is seeking international partners to support its $5 billion expansion over the next 2–3 years. Will these global alliances help boost India’s domestic oil and gas output? The company has also invited bids for the sale of natural gas from its Gujarat asset.
Cairn targets global collaboration for $5 Billion expansion
Cairn Oil & Gas has called for expressions of interest from global partners to support multiple development projects across its oil and gas fields. The company holds interests in 55 blocks and plans to collaborate with international rig operators for 10 onshore and two shallow offshore drilling sites. The partnership will require companies to manage full rig operations, including transportation, storage, and maintenance.
Boosting production through recovery enhancement
As part of its growth strategy, Cairn is looking for specialists in recovery enhancement technologies to improve brownfield output. The company aims to deploy advanced Enhanced Oil Recovery (EOR) solutions, including Alkaline Surfactant Polymer (ASP) technology, to maximise extraction from various reservoir types. These technologies are expected to help Cairn increase production at mature fields and strengthen its long-term output potential.
In addition to partnerships for drilling and recovery, Cairn has invited bids for the purchase of natural gas from its Jaya Field, located in Jambusar, Bharuch district, Gujarat. Vedanta Limited has appointed an independent agency empanelled by the Directorate General of Hydrocarbons (DGH) to oversee the e-bidding process using a transparent, digital platform. This bidding initiative supports fair market participation and enhances Cairn’s domestic gas commercialisation efforts.
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