Vedanta Group's Cairn Oil & Gas seeks global partners for $5 bn expansion, invites bids for Gujarat gas output

Cairn Oil & Gas, part of the Vedanta Group and India’s largest private oil and gas exploration and production company, has invited expressions of interest from global partners for multiple projects across its oil and gas fields as part of its $ 5 billion investment plan over the next 2–3 years.

The company, which currently has interests in 55 blocks, is seeking to collaborate with global rig partners for deploying the latest high-quality rigs at 10 onshore drilling and 2 shallow offshore drilling locations for a period of 2–3 years. The rig company will be responsible for complete rig drilling operations, including transportation, storage, and upkeeping.

As part of its growth plan, Cairn is also seeking experienced partners for recovery enhancement in oil and gas projects to expand brownfield capacity across various types of reservoirs, including Enhanced Oil Recovery (EOR) technologies such as Alkaline Surfactant Polymer (ASP) and others, the company said in a press release.


Additionally, Cairn is inviting bids for the purchase of natural gas from the Jaya Field in Jambusar, Bharuch District, Gujarat. To facilitate this, Vedanta Limited has appointed an independent agency, empanelled by the Directorate General of Hydrocarbons (DGH), to conduct the e-bidding process through an e-bidding platform.