You are here: Home » Companies » News
Business Standard

Vedanta wants US oil services consortium to develop 41 new blocks in India

Vedanta hopes to receive offers from companies including Schlumberger NV, Halliburton Co and General Electric's Baker Hughes by the first quarter of next year

Reuters  |  Houston 

Vedanta Resources wants US oilfield services companies to set up consortia to help develop the 41 blocks in India acquired this year by its Cairn Oil & Gas unit, the company's chairman said on Thursday. Vedanta Chairman Anil Agarwal and Cairn Chief Executive Sudhir Mathur met with executives from 70 services companies this week in Houston to encourage the firms to organise consortia to compete for contracts, Agarwal said in a briefing. "They're very encouraged by the 41 blocks and they're looking to work together," Agarwal said. The company won 41 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, November 30 2018. 06:13 IST
RECOMMENDED FOR YOU