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Cairn India inks MoU with National Geophysical Research Institute and GVK-EMRI

03 Jul 2013 Evaluate

Cairn India has inked two separate memorandum of understanding (MoU), one with National Geophysical Research Institute and other with GVK-EMRI. This collaboration will help to ensure efficient management of various crucial elements in the operating sites of the company. It will also enable the company to leverage their capabilities and strengths for developing world class business further.

Cairn India is one of the largest independent oil and gas exploration and production companies in India. The company and its JV partners account for more than 20 percent of India’s domestic crude oil production.

Peers
Company Name CMP
ONGC 279.25
Oil India 454.40
Jindal Drilling&Inds 535.85
Deep Industries 457.70
Asian Energy Service 297.85
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