Global
Expression of Interest for International Competitive Bidding (ICB) process to
engage a reputed engineering company for oil and gas fields of cairn located in
India
Cairn
Oil & Gas are executing one of the largest ever ASP/EOR programs to
maximise recovery from our Rajasthan (Western Onshore) assets - Mangala,
Bhagyam, Aishwariya to more than double our production. Our tight oil and shale
reserves are highly promising with over 1Bboe combined R&R and a combined
production potential of more than 150 Kboepd.
Cairn
Oil & Gas intends to engage a reputed Engineering company with proven
capability to deliver Field Development Concept Selection and Feasibility
Studies for onshore and offshore fields.
Cairn
Oil and Gas has a current R&R (Reserves and Resources) of 1.4Bn boe. Cairn
intends to increase its reserve base from 450 mmboe to 1 bn boe by exploiting
its Tight Oil, ASP full field implementation, Shale, Deepwater, Onshore and
Offshore assets in India. The selected Engineering company will be provided
complete access to our existing database to conceptualize, evaluate and develop
a forward work program to add proven reserves and convert those reserves into
production. Cairn will incentivise handsomely the engineering company on
realising the target value.
The
interested applicants should evince interest to participate in the Expression
of Interest (EOI) by clicking on the "Evince Interest" link against EOI listing
on the Cairn website i.e. http://www.cairnindia.com within 10 days from this
publication and submit their contact details online. Further to this,
interested vendors would be invited to submit their documents via Smart Source
(Cairn's e-Sourcing Platform).
For
further details on this EoI you may contact Divya Bagga,
divya.bagga@cairnindia.com
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