Mayank Ashar joins Cairn India as its new managing director & chief executive officer effective 17 November 2014. Ashar brings with him more than 36 years of experience in the international oil and gas industry. In his earlier assignments…
Cairn India acquired about 3010 line-km of 2D infill seismic over Block 1 of the Orange basin, off South Africa's Northern Cape Province, in Q1 2014. It is currently evaluating the data. The company acquired a 1981sq km 3D…
Cairn Energy has said it is committed to its planned 2014 operations, but that spending beyond then is being looked at closely as its awaits resolution of tax issues in India. The Edinburgh-based firm says spending beyond 2014 would depend…
Iran, India and Oman are preparing to begin official negotiations for delivery of the Iranian natural gas to the Indian market through a deepwater pipeline. Iranian Foreign Minister Mohammad Javad Zarif, Indian Foreign Minister Salman Khurshid…
Wison Offshore & Marine will supply a barge-based floating LNG regasification unit (FRU), to be installed offshore India, for New Jersey-based Vessel Gasification Solutions (VGS). Under the agreement, Wison affiliates will be responsible for the turnkey engineering…
Cairn India Ltd. today announced that its board of directors approved a proposal for the buyback of equity shares of the company from its existing shareholders. The buyback would be done from the open market through the stock exchanges…
Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…
Indian energy firm ONGC Videsh Limited (OVL) has agreed to buy a 10% stake in the Rovuma Area 1 block, offshore Mozambique, from Anadarko, for US$ 2,640 million. Area 1 covers about 2.6 million acres in the deepwater Rovuma Basin and…
Transocean Ltd. today announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has set a new world record for the deepest water depth by an offshore drilling rig. The rig recently spudded a well in 10,411ft (3174m) of water…
Cairn India contracted GE Oil & Gas to supply the Ravva oil and gas field off the coast of Andhra Pradesh with HPHT wellhead technology, mudline systems, spare units and services for the field. “We see HPHT technology as a key for the next stage of development…
BP & RIL plan US$5 billion investment on KGD6KG D6 onshore facilities (Image: Niko Resources Ltd.)Reliance Industries Ltd. (RIL) and KG D6 block partner BP plan to invest US$5 billion in the deepwater gas development over the next three to five years…
Study assesses FLNG project options off IndiaWorleyParsons has been awarded a significant pre-FEED study by the Andhra Pradesh Floating LNG Terminal developers, GDF SUEZ and Andhra Pradesh Gas Distribution Corporation (APGDC). The pre…
Map of offshore block KG-DWN-2004/6 Inpex will return to India for the first time since 2008 after acquiring 26% interest in Oil and Natural Gas Corp (ONGC)'s deepwater play in the Bay of Bengal, the company announced on 5 November 2012…
Rahul Dhir stepped down as MD and CEO of Cairn India, reportedly to pursue other business opportunities.
Steve Watson is heading up EnerMech’s first office in India (see ‘Firms’) and will also serve as Mumbai-based country manager. He previously worked for Halliburton and managed pipeline and process projects in India for ONGC, Cairn Energy, Aker and Helix Energy Solutions.
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