Power Update Feb 01, 2017 Cairn gets nod for 64 exploratory wells A committee under the Ministry of Environment, Forests and Climate Change has given the green signal to Cairn India for undertaking drilling works of 64 exploratory and appraisal wells in KG-OSN-2009/3 block in KG basin at Prakasam and Guntur districts of Andhra Pradesh.
Web Exclusive Jan 19, 2017 Cairn India gets nod for drilling 64 exploratory and appraisal wells A committee under the Ministry of Environment, Forests and Climate Change has given the green signal to Cairn India for undertaking drilling works of 64 exploratory and appraisal wells in KG-OSN-2009/3 block in KG basin at Prakasam and Guntur districts of Andhra Pradesh.
Power Update Nov 01, 2016 Cairn India to invest $100 mn in Rajasthan Cairn India, a Vedanta group company, would be investing $100 million (Rs.67,000 crore) this year, with focus on its Rajasthan gas fields.
Web Exclusive Aug 17, 2016 Barmer takes the lead, unveils country’s largest solar-based drinking water project Barmer has got yet another feather in its cap, as the country’s largest solar-based community drinking water project starts functioning at village Seniwala.
Press Release May 01, 2016 Cairn India reports quarterly loss; reaffirms potential in Rajasthan block Cairn India reported a quarterly loss of Rs.10,948 crore for the March quarter, primarily led by impairment loss on goodwill and non-producing oil and gas assets due to a drop in oil prices.
Power Update Jan 01, 2016 Cairn moves HC for contract renewal Cairn India has approached the Delhi High Court seeking early government decisions on renewing its production sharing contract (PSC)
Power Update Nov 01, 2015 Govt rejects Cairn appeal to renew Rajasthan block deal The government has rejected Cairn India´s plea to renew the contract for the prolific Rajasthan block with the existing terms and conditions and has asked for the investment plan for the renewal period to assess the extent to which the state´s share of profit can be raised.
Press Release Nov 01, 2015 Cairn India Limited results for Q2FY16 ended 30th Sep, 2015 Net revenue for Q2FY16 was reported at Rs.2,242 crore, which declined 15 per cent QoQ mainly due to fall in crude prices and increase in discount to Brent for Rajasthan crude. Average Brent prices fell 18 per cent QoQ to $50.5 per barrel driving our average oil realization down by 22 per cent QoQ to $43.7/bbl.
Special Report Oct 31, 2015 We have learned with India a little patience. This is a part of our growth. Stephane DECLEE, VP, Energy, Process & Utilities at Dassault Systemes, says Dassault is investing for the long haul and looking at the metals, oil & gas and power sectors. Give us an overview of the company in India.
