Cairn Oil & Gas Enters into a Strategic Alliance with TechnipFMC
Cairn Oil & Gas, part of Vedanta Group, has entered into a strategic alliance with TechnipFMC plc to accelerate the delivery of integrated subsea infrastructure for future deepwater projects in India.
By utilising TechnipFMC's integrated engineering, procurement, construction, and installation execution strategy, the partnership will promote execution efficiency and innovation.
Through this partnership, Cairn will be able to take advantage of TechnipFMC's vast experience and state-of-the-art technologies to further its deepwater exploration goals.
Under the agreement, TechnipFMC's subsea production systems (SPS) and undersea umbilicals, risers, and flowlines (SURF) work scopes are used to optimise project performance through early participation through integrated front-end engineering and design.
Cairn currently contributes around 25 per cent to India's domestic crude oil production.
The agreement was signed in the presence of Vedanta chairman Anil Agarwal at CERAWeek 2025 conference in Houston.
Hitesh Vaid, Chief Financial Officer of Cairn Oil & Gas says, "This collaboration is a pivotal step in realizing our deepwater goals. TechnipFMC's expertise is a perfect match for our ambitions, and together we will push forward at the pace required to meet our bold targets."
TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.
Doug Pferdehirt, Chairman and CEO of TechnipFMC says, "This collaboration agreement lays the foundation for early engagement, ahead of future deployment of our iEPCI integrated project execution model, a combination that will help accelerate and deliver Cairn's bold deepwater development vision with greater certainty."
In the east coast's Krishna Godavari (KG) basin, Cairn boasts an offshore deep-water block spanning more than 4,500 square kilometers, with water depths varying from 500 to 2,500 meters.
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The block includes four gas discoveries, 2,000 square kilometres of 3D seismic coverage, and four prospects with undrilled potential resources of up to 5 trillion cubic feet (TCF).