Cairn Bets On Hydrocarbon Segment For Growth, Seeks Incentive
  • WebDesk BTVI
  • Aug 30 2019

Cairn Oil and Gas, a subsidiary of Vedanta, will invest $1.1 billion in Mangala, Bhagyam and Aishwarya oil fields in Rajasthan’s Barmer district to implement the alkaline surfactant polymer (ASP) technology. Speaking with BTVI, Ajay Kumar Dixit, CEO, Cairn Oil & Gas, said this technology will improve recovery and increase production. He said firm is targeting the hydrocarbon segment for growth and urged the need for government incentives. Here's more.