Cairn Oil & Gas shortlists Lloyd’s Register for developing OALP-1 blocks

Cairn Oil & Gas shortlisted Lloyd’s Register for the integrated project management of the 41 blocks it won during the first round of bids under the Open Acreage License Policy (OALP).

This will enable speedy exploration management across the 41 blocks simultaneously with an end-to-end plan under stipulated timeliness. Cairn had also applied for Petroleum Exploration Licenses (PEL) in these blocks early on, and the process of obtaining environmental clearances is ongoing in parallel.

“The company has received PELs for 11 blocks so far and the rest are in progress,” a company statement said.