Cairn Oil & Gas Accelerates Deepwater Exploration

Cairn Oil & Gas, a Vedanta Group company, is accelerating its offshore exploration efforts, with deepwater drilling set to begin in the Kutch Basin by October 2025 and in the Krishna-Godavari (KG) Basin in 2026.

Aiming to contribute 50% of India’s crude oil production by 2030, the company is leveraging advanced technologies and global partnerships to drive growth. In the KG Basin, Cairn has partnered with Norway-based EMGS to implement 3D Controlled Source Electromagnetic (CSEM) technology across a 3,600 sq. km deepwater block—enhancing subsurface imaging and identifying zones with multi-trillion cubic feet (TCF) gas potential.

Additionally, Cairn is collaborating with TechnipFMC to develop integrated subsea infrastructure to support its deepwater drilling initiatives.

As part of Vedanta’s proposed demerger, Cairn will operate as an independent oil and gas entity—a move expected to attract targeted investments and unlock greater shareholder value. The company aims to ramp up hydrocarbon production from 103,200 barrels of oil equivalent per day (boepd) to 300,000 boepd, backed by a planned investment of USD 3–4 billion over the next five years.

Cairn is also exploring strategic joint ventures in shale, tight oil, and Northeast India exploration to further expand its upstream portfolio.

News by Rahul Yeligetti.