Cairn shortlists Lloyd’s Register for oil and gas hunt in OALP-1 blocks
Cairn Oil & Gas has selected London-headquartered Lloyd’s Register for integrated project management of the 41 blocks it was awarded under round I of the Open Acreage Licence Policy (OALP).
“The shortlisting has followed a rigorous bidding process that saw participation from top global players,” Cairn Oil & Gas, a vertical of Vedanta, said in a statement on Thursday. The company was awarded 41 of the 55 blocks offered under OALP I auction process, contracts for which were signed in October 2018. It has also won 10 blocks in total under OALP rounds II and III.
Lloyd’s Register has a presence in 75 countries and provides engineering and technology services.
