Cairn Receives Approval of Field Development Plans


Mangala Field - Barmer Basin
(Click to Enlarge)
The Field Development Plans for the Mangala, Aishwariya, Saraswati and Raageshwari fields in Block RJ-ON-90/1, Rajasthan, North West India have now been approved by the Management Committee (Directorate General Hydrocarbons, ONGC and Cairn). This final approval follows the earlier agreement on the FDPs reached at the joint venture Operating Committee between Cairn and ONGC.

In order to finance its share of the Northern Fields development project, Cairn is in the process of finalizing a $1 billion bank facility which it intends signing prior to the end of June this year.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
DD Specialist
Expertise: Drilling Engineering
Location: Canonsburg, PA
 
Engineering Technician I
Expertise: Document Control|Drilling Engineering|Modeling
Location: Houston, TX
 
Completion Engineer II
Expertise: Petroleum Engineering|Workover or Completion
Location: Houston
 
search for more jobs

Brent Crude Oil : $51.96/BBL 1.94%
Light Crude Oil : $49.62/BBL 1.29%
Natural Gas : $3.1/MMBtu 1.89%
Updated in last 24 hours