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Cairn Oil & Gas and TechnipFMC Sign Alliance Agreement

14/03/2025

Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company, has entered into a strategic alliance with TechnipFMC to accelerate the delivery of integrated subsea infrastructure for future deepwater projects in India. The collaboration will leverage TechnipFMC’s integrated Engineering, Procurement, Construction, and Installation (iEPCITM) execution model, driving efficiency and innovation in execution.

This alliance positions Cairn to rapidly advance its deepwater exploration ambitions, tapping into TechnipFMC’s extensive expertise and cutting-edge technologies. The agreement also incorporates the use of integrated Front-End Engineering and Design (iFEEDTM), where early engagement optimizes project performance utilizing TechnipFMC’s Subsea Production Systems (SPS) and Subsea Umbilicals, Risers, and Flowlines (SURF) work scopes.

As a key player in India’s energy landscape, Cairn currently contributes ~25% of the nation’s domestic crude oil production and has a bold vision to double this, securing India’s energy future through responsible and sustainable practices.

The agreement was signed in the presence of Vedanta Chairman, Mr. Anil Agarwal, at the world’s premier oil and gas conference, CERAWeek 2025.

Hitesh Vaid, Chief Financial Officer of Cairn Oil & Gas, remarked,
“This collaboration is a pivotal step in realising 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, stated,
“This collaboration agreement lays the foundation for early engagement, ahead of future deployment of our iEPCITM integrated project execution model, a combination that will help accelerate and deliver Cairn’s bold deepwater development vision with greater certainty.”

Cairn’s Deepwater Initiative

Cairn has over 4,500 sq. km. of offshore Deep-Water block in the Krishna Godavari (KG) Basin in the east coast with water depths ranging from 500 to 2,500 meters. The block currently has four gas discoveries, 2,000 sq. km. covered with 3D seismic, and four prospects identified with resources potential of 5 TCF, which are yet to be drilled.

KeyFacts Energy Industry Directory: TechnipFMC   l   KeyFacts Energy: Cairn India India country profile

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