💨 Abstract

Cairn India, India's largest privately owned oil and gas company, plans to invest $5 billion to increase output five-fold and may invest in U.S. service and engineering companies. Chairman Anil Agarwal aims to produce 500,000 barrels per day and seeks to work with 7-8 technical partners and buy 5-6 drilling rigs for offshore exploration.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖