Bengaluru, February 2023.
Cairn
Oil & Gas, India’s largest private oil and gas exploration and production
company, and a unit of Vedanta Group, is showcasing its vision, mission, and
range of technologies at India Energy
Week (IEW) 2023. Reflecting its commitment to sustainability and energy
security, the Cairn’s stall at the event highlights the company’s integration
of ESG in business strategies under the theme of ‘Transforming Energy
Responsibly’.
IEW
will address pressing issues of long-term energy transition and progression
towards decarbonization. As a platinum sponsor, Cairn Oil & Gas will have a
significant brand presence and showcase its vision of contributing 50% to
India’s domestic crude oil and gas production. Cairn will achieve this through
a multi-pronged strategic approach that includes new exploration, encouraging
use of unconventional energy sources like shale and increasing production from
existing blocks through application of latest technology and global partnerships.
"We
are excited to be a part of India Energy Week 2023 and look forward to sharing
our vision for a sustainable and self-reliant India,” said Nick Walker, Chief Executive Officer, Cairn Oil & Gas. “We are
committed to playing a vital role in India's energy transformation journey by
bringing the best of global technologies to the country – our oil and gas
fields across the country are already home to some of the sector’s technology
firsts and have played a pioneering role in unlocking the potential of the
sector. We look forward to participating at India Energy Week 2023 to showcase
some of these advanced technologies, and our continued vision and commitment to
making India self-reliant in energy.”
At IEW, the Cairn Oil &
Gas Experience Zone will showcase the company’s pioneering technologies such as Alkaline
Surfactant Polymer (ASP), Polymer Enhanced Oil Recovery (EOR), and the
flagship Petro-Technical cloud project. Cairn is the first in India to adopt
the Petro-technical cloud project and implement its own cloud platform for
upstream interpretation and simulation workflow. The platform will enable Cairn
to access, analyze, and act on data from multiple sources in real-time,
including drilling and production data, geophysical data, and sensor data.
A
key highlight of the stall will be the company's focus on achieving net zero
carbon emissions by 2050 that is being well represented bya centre piece – a
suspended Mother Earth – which will showcase the company's commitment of
integrating core business with ESG vision. The Cairn Experience Zone also
includes a digital pledge wall – Caring for Planet Earth – where
attendees can be part of the ESG journey by pledging their support to Cairn in
its mission to plant 2 million trees by 2030.
In
India's journey towards energy self-sufficiency and import reduction, Cairn Oil
& Gas will play a leading role. The company's participation at India Energy
Week 2023 provides a global platform to showcase its efforts towards securing
India's energy future while ensuring commitment to sustainable and responsible
operations.