Gujarat State Petroleum Corporation Ltd (GSPC) is an oil and gas exploration company in Gujarat, India.

It is India's
only State Government-owned oil and gas company with the Government of Gujarat holding approximately 95%
equity stake. GSPC was incorporated in 1979 as apetrochemical company.
History[edit]
Incorporated in 1979 as a petrochemical company, GSPC has today a wide gamut of hydrocarbon activities. In 1992,
GSPC widened the scope of its activities and rechristened itself as Gujarat State Petroleum Corporation in 1994. With
the Government of Indias decision to privatize the hydrocarbon sector, GSPC acquired several discovered fields in
the first and second rounds of bidding process initiated by the Government of India during 1994 and 1995. The
company saw a great transformation from the year 2001, when DJ Pandian was appointed the Managing Director.
Operations[edit]
GSPC has made one of India's largest gas finds in the Krishna Godavari Basin. It has also built the country's first landbased drilling platform, Ratnakar, at Hazira. GSPC has also exploration activities in Egypt, Yemen, Indonesia,
and Australia.
Subsidiaries[edit]
Gujarat State Petronet Limited is a natural gas transmission company. The Gujarat Energy Research and
Management Institute (GERMI) is an institution for energy education, training and research. GSPC Pipavav Power
Company is a company for implementation of a power project in the Saurashtra region. Sabarmati Gas Limited is a
company incorporated at March 6, 2006 for developing Gujarat gas distribution network at 3 districts i.e.
Gandhinagar, Mehasana & Sabarkantha. Gujarat State Energy Generation is a company for power generation in
Gujarat. GSPC LNG Limited is an operator of the LNG receiving terminal. GSPC GAS is a gas distribution company. Guj
Info Petro provides IT and telecommunication services.
Partners[edit]
The company is attracting interest from oil companies all over the world and is signing strategic business alliances
covering E & P activities in the subcontinent.
Gas Authority of India Limited {GAIL(India) Limited}, Central government Navratna Company, is the partner of GSPC
for Ahmedabad exploration block and one block each in Tamil Nadu and Mumbai offshore
Niko Resources Limited, Canada is the first major partner of GSPC and is the Operator for the four small oil & gas
fields awarded in the first round of bidding.
GeoGlobal Resources(Barbados) Inc, Canada is the partner of GSPC in the KG basin offshore exploration block, apart
from two blocks in Gujarat.
Hindustan Oil Exploration Company Limited is GSPC's partner in One exploration block and two small oil/gas fields.
Jubilant Oil & Gas Private Limited is the partner of GSPC in the KG basin offshore exploration block, apart from one
block in Tamil Nadu and two blocks in Gujarat.
OILEX - An australian company
Oil & Natural Gas Corporation Limited is the Operator for two exploration blocks in Mumbai offshore area in which
IOC, GAIL and OIL are also partners, apart from a CBM block in north Gujarat.
Heramec Limited, UK is a significant partner of GSPC having stake in six fields and is the Operator for four of the six
small oil & gas fields awarded in the Second rounded bidding.
New MD Mr. Tapan Ray, IAS took charge on 10-11-2009.
Oil and Natural Gas Corporation
Type

Public Sector Undertaking

Traded as

NSE: ONGC
BSE: 500312
BSE
SENSEX
Constituent
CNX Nifty Constituent

Founded

14 August 1956

Headquarters

Tel Bhavan, Dehradun, India

Key people

Sudhir
(Chairman & MD)

Vasudeva

Revenue

US$ 27.6 billion (2012)[1][2]

Operating income

US$ 5.4 billion (2012)[1][2]

Profit

US$ 3.8 billion (2012)[1][2]

Total assets

US$ 43.01 billion (2012)[1]

Total equity

US$ 25.74 billion (2012)[1]

Employees

32,923 (Mar-2013)[1]

Divisions

MRPL
ONGC Videsh Ltd.

Website

www.ongcindia.com

Oil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company headquartered
in Dehradun, India. It is a Public Sector Undertaking (PSU) of the Government of India, under the
administrative control of the Ministry of Petroleum and Natural Gas (MoP&NG). It is India's largest oil and gas
exploration and production company. It produces around 69% of India's crude oil (equivalent to around 30% of the
country's
total
demand)
and
around
62%
of
its natural
gas.[1]
On 31 March 2013, its market capitalisation was INR 2.6 trillion (US$ 48.98 billion), making it India's second
largest publicly traded company.[3][4] In a government survey for FY 2011-12, it was ranked as the largest profit
making PSU in India.[5] ONGC has been ranked 357th in the Fortune Global 500list of the world's biggest
corporations for the year 2012.[6] It is ranked 22nd among the Top 250 Global Energy Companies by Platts.[7]
ONGC was founded on 14 August 1956 by Government of India, which currently holds a 69.23% equity stake. It is
involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India, and owns and operates
over 11,000 kilometers of pipelines in the country. Its international subsidiary ONGC Videsh currently has projects in
15 countries. ONGC has discovered 6 of the 7 commercially-producing Indian Basins, in the last 50 years, adding over
7.1 billion tonnes of In-place Oil & Gas volume of hydrocarbons in Indian basins. Against a global decline of
production from matured fields, ONGC has maintained production from its brownfields like Mumbai High, with the
help of aggressive investments in various IOR (Improved Oil Recovery) and EOR (Enhanced Oil Recovery) schemes.
ONGC has many matured fields with a current recovery factor of 25-33%.[1] Its Reserve Replacement Ratio for
between 2005 and 2013, has been more than one.[1] During FY 2012-13, ONGC had to share the highest ever underrecovery of INR 494.2 million (an increase of INR 49.6 billion over the previous financial year) towards the underrecoveries of Oil Marketing Companies (IOC, BPCL and HPCL).[1]
History[edit]
Foundation to 1961[edit]
Before the independence of India, the Assam Oil Company in the north-eastern and Attock Oil company in northwestern part of the undivided India were the only oil producing companies, with minimal exploration input. The
major part of Indian sedimentary basins was deemed to be unfit for development of oil and gas resources.[8]
After independence, the Central Government of India realized the importance of oil and gas for rapid industrial
development and its strategic role in defense. Consequently, while framing the Industrial Policy Statement of 1948,
the development of petroleum industry in the country was considered to be of utmost necessity.[8]
Until 1955, private oil companies mainly carried out exploration of hydrocarbon resources of India. In Assam, the
Assam Oil Company was producing oil at Digboi (discovered in 1889) and Oil India Ltd. (a 50% joint venture between
Government of India and Burmah Oil Company) was engaged in developing two newly discovered large
fields Naharkatiya and Moraan in Assam. In West Bengal, the Indo-Stanvac Petroleum project (a joint venture
between Government of India and Standard Vacuum Oil Company of USA) was engaged in exploration work. The
vast sedimentary tract in other parts of India and adjoining offshore remained largely unexplored.[8]
In 1955, Government of India decided to develop the oil and natural gas resources in the various regions of the
country as part of the Public Sector development. With this objective, an Oil and Natural Gas Directorate was set up
towards the end of 1955, as a subordinate office under the then Ministry of Natural Resources and Scientific
Research. The department was constituted with a nucleus of geoscientists from the Geological Survey of India.[8]
A delegation under the leadership of the Minister of Natural Resources, visited several European countries to study
the status of oil industry in those countries and to facilitate the training of Indian professionals for exploring
potential oil and gas reserves. Experts from Romania, the Soviet Union, the United States and West
Germany subsequently visited India and helped the government with their expertise. Soviet experts later drew up
a detailed plan for geological and geophysical surveys and drilling operations to be carried out in the 2nd Five
Year Plan (1956-61).[8]
In April 1956, the Government of India adopted the Industrial Policy Resolution, which placed Mineral Oil Industry
among the schedule 'A' industries, the future development of which was to be the sole and exclusive responsibility
of the state.[8]

Soon, after the formation of the Oil and Natural Gas Directorate, it became apparent that it would not be possible
for the Directorate with its limited financial and administrative powers as subordinate office of the Government, to
function efficiently. So in August, 1956, the Directorate was raised to the status of a commission with enhanced
powers, although it continued to be under the government. In October 1959, the Commission was converted into a
statutory body by an act of the Indian Parliament, which enhanced powers of the commission further. The main
functions of the Oil and Natural Gas Commission subject to the provisions of the Act, were "to plan, promote,
organize and implement programs for development of Petroleum Resources and the production and sale of
petroleum and petroleum products produced by it, and to perform such other functions as the Central Government
may, from time to time, assign to it ". The act further outlined the activities and steps to be taken by ONGC in
fulfilling its mandate.[8]
Since its inception, ONGC has been instrumental in transforming the country's limited upstream sector into a large
viable playing field, with its activities spread throughout India and significantly in overseas territories. In the inland
areas, ONGC not only found new resources in Assam but also established new oil province in Cambay basin (Gujarat),
while adding new petroliferous areas in the Assam-Arakan Fold Belt and East coast basins (both inland and
offshore).[8] ONGC went offshore in early 70's and discovered a giant oil field in the form of Bombay High, now
known as Mumbai High. This discovery, along with subsequent discoveries of huge oil and gas fields in Western
offshore changed the oil scenario of the country. Subsequently, over 5 billion tonnes of hydrocarbons, which were
present in the country, were discovered. The most important contribution of ONGC, however, is its self-reliance and
development of core competence in E&P activities at a globally competitive level.[8]
ONGC became a publicly held company in February 1994, with 20% of its equity were sold to the public and eighty
percent retained by the Indian government. At the time, ONGC employed 48,000 people and had reserves and
surpluses worth 104.34 billion, in addition to its intangible assets. The corporation's net worth of 107.77 billion
was the largest of any Indian company.
In 1958 the then Chairman, Keshav Dev Malaviya, held a meeting with some geologists in the Mussoorie office of the
Geology Directorate where he accepted the need for ONGC to go outside India too in order to enhance Indian
owned capacity for oil production. The argument in support for this step,by LP Mathur and BS Negi, was that Indian
demand for crude would go up at a faster rate than discoveries by ONGC in India.
Malaviya followed this up by making ONGC apply for exploration licences in the Persian Gulf. Iran gave ONGC four
blocks and Malaviya visited Milan and Bartlseville to request ENI and Phillips Petroleum to join as partners in the Iran
venture. This resulted in the discovery of the Rostum oilfield in the early 'sixties, very soon after the discovery of
Ankleswar in Gujarat. This was the very first investment by the Indian public sector in foreign countries and oil from
Rostum and Raksh was brought to Cochin where it was refined in a refinery built with technical assistance from
Phillips.
2000 to present[edit]
In 2003, ONGC Videsh acquired Talisman Energy's 25% stake in the Greater Nile Oil project.[9]
In 2006 a commemorative coin set was issued to mark the 50th anniversary of the founding of ONGC, making it only
the second Indian company (State Bank of India being the first) to have such a coin issued in its honour.
In 2011, ONGC applied to purchase of 2000 acres of land at Dahanu to process offshore gas.[10] ONGC Videsh, along
with Statoil ASA (Norway) and Repsol SA (Spain), has been engaged in deepwater drilling off the northern coast of
Cuba in 2012.[11] On 11 August 2012, ONGC announced that it had made a large oil discovery in the D1 oilfield off the
West coast of India, which will help it to raise the output of the field from around 12,500 barrels per day (bpd) to a
peak output of 60,000 bpd.[12]
In November 2012, ONGC Videsh agreed to acquire ConocoPhillips' 8.4% stake in the Kashagan oilfield in
Kazakhstan for around US$5 billion, in ONGC's largest acquisition to date.[13] The acquisition is subject to the
approval of the governments of Kazakhstan and India and also to other partners in the Caspian Sea field waiving
their pre-emption rights.[14]
Operations[edit]
ONGC's operations include conventional exploration and production, refining and progressive development of
alternate energy sources like coal-bed methane and shale gas.[15] The company's domestic operations are structured
around 11 assets (predominantly oil and gas producing properties), 7 basins (exploratory properties), 2 plants (at
Hazira and Uran) and services (for necessary inputs and support such as drilling, geo-physical, logging and well
services).[15]
Subsidiaries[edit]
ONGC Videsh:
ONGC Videsh Limited (OVL) is the international arm of ONGC. It was rechristened on 15 June 1989. It currently has
14 projects across 16 countries. Its oil and gas production reached 8.87 MMT of O+oEG in 2010, up from 0.252 MMT
of O+OEG in 2002/03. ONGC helds 100% stake in ONGC Videsh Limited.[1]

Mangalore Refinery and Petrochemicals Limited:

It is an oil refinery at Mangalore. The refinery was established after displacing five villages of Bala, Kalavar,
Kuthetoor, Katipalla, and Adyapadi. ONGC helds 71.62% stake in ONGC Videsh Limited.[1]
Joint Ventures[edit]
ONGC Tripura Power Company:
ONGC Tripura Power Company Ltd (OTPC) is a joint venture which was formed in September 2008 between ONGC,
Infrastructure Leasing and Financial Services Limited and the Government of Tripura. It is developing a 726.6 MW
CCGT thermal power generation project at Palatana in Tripura which will supply electricity to the power deficit
areas of the north eastern states of the country.[16] OTPC have 2 no 9FA MAchines Supplied by GE USA
Products and services[edit]
ONGC supplies crude oil, natural gas, and value-added products to major Indian oil and gas refining and marketing
companies. It primary products crude oil and natural gas are for Indian market.[15]
Product-wise revenue breakup for FY 2012-13 ( billion):[17]
Product

Revenue

Crude Oil

562.38

Gas

168.88

LPG

31.48

Naptha

76.80

C2-C3

13.44

SKO

3.69

Others

1.59

Adjustments

- 32.74

Total
825.52
Listings and Shareholding[edit]
The equity shares of ONGC are listed on the Bombay Stock Exchange,[18] where it is a constituent of the BSE
SENSEX index,[19] and the National Stock Exchange of India,[20] where it is a constituent of the S&P CNX
Nifty.[21]
As on 31 March 2013, Government of India held around 69% equity shares in ONGC. Over 480,000 individual
shareholders hold approx. 1.65% of its shares.[22] Life Insurance Corporation of Indiais the largest non-promoter
shareholder in the company with 7.75% shareholding.[1]
Shareholders (as on 31-Mar-2013)

Shareholding[
1]

Promoter - Government of India

69.23%

Government Companies

10.09%

Banks, Financial Inst. & Insurance companies

09.69%

Foreign Institutional Investors (FII)

06.27%

Private Corporate Bodies

01.83%

Individual shareholders

01.65%

Mutual Funds and UTI

01.13%

NRI/Employees

00.11%

Total

100.0%

Employees[edit]
As on 31 March 2013, the company had 32,923 employees, out of which 2,091 were women (6.35%) and 143 were
employees with disabilities (0.43%).[1] The attrition rate in FY 2009-10 was 0.42%.[23][24] In its CSR report for 201112, the company informed that 20% of its existing employees would super-annuate in next 5 years.[15]
Awards and recognitions[edit]
ONGC was ranked as the Most Attractive Employer in the Energy sector in India, in the Randstad Awards 2013.[25]
ONGC received the Golden Peacock Award 2013 for its HSE practices.[26]
In April 2013, it was ranked at 155th place in the Forbes Global 2000 for 2012.[27][28]
In 2011, ONGC was ranked 39th among the world's 105 largest listed companies in 'transparency in corporate
reporting' by Transparency International making it the most transparent company in India.
It was conferred with 'Maharatna' status by the Government of India in November 2010.[29] The Maharatna status to
select PSUs allows more freedom in decision making.[29][30]
Oil India Limited (OIL) is the second largest hydrocarbon exploration & production (E&P) Indian public sector
company and operational headquarters in Duliajan, Assam, India under the administrative control of the Ministry
of Petroleum and Natural Gas of the Government of India. However, Company's Corporate office located
in Noida in New-Delhi-NCR region.OIL is engaged in the business of exploration, development and production
of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. The story of Oil
India Limited (OIL) traces and symbolises the development and growth of the Indian petroleum industry. From the
discovery of crude oil in the far east of India at Digboi, Assam in 1889 to its present status as a fully integrated
upstream petroleum company, OIL has come far, crossing many milestones. The Company presently produces over
3.6-3.8 MMTPA (million tonnes per annum) of crude oil, over 7MMSCMD of Natural Gas and over 50,000 Tonnes
of LPG annually. Most of this emanates from its traditionally rich oil and gas fields concentrated in the Northeastern
part of India and contribute around 80% of total Oil&Gas produced in the region. The search for newer avenues has
seen OIL spreading out its operations in onshore / offshore Orissa and Andaman, Cauvery offshore, Tamil
Nadu, Arabian Sea, deserts of Rajasthan, onshore Andhra Pradesh, riverbeds of Brahmaputra and logistically
difficult hilly terrains of the Indian state Mizoram and Arunachal Pradesh. In Rajasthan, OIL discovered gas in
1988, heavy oil / bitumen in 1991 and started production of gas in 1996. The company has accumulated over a
hundred years of experience in the field of oil and gas production, since the discovery of Digboi oilfield in 1889. It is
possibly the only company to do so. From well completion to wellbore servicing, instalation, operation and
maintenance of modern surface handling facilities, the company has the skill and expertise to manage the entire
range of operations required for onshore oil and gas production.
The company has over 100,000 square kilometres of license areas for oil and gas exploration. It has emerged as a
consistently
profitable International company
and
present
in Libya, Gabon,Nigeria, Sudan, Venezuela, Mozambique, Yemen, Iran, Bangladesh and USA.
OIL
has
recently emerged in the offshore giant gas-field project of Mozambique and also made discovery of oil &
gasin Gabon as an Operator and Libya as non-operator. OIL acquired Shale oil asset in USA during 2012.
In recent years, OIL has stepped up E & P activities significantly in the North-East India. OIL has set up the NEF (North
East Frontier) project to intensify its exploration activities in the frontier areas in North East, which are logistically
very difficult and geologically complex. Presently, exploration activities are in progress along the Trust Belt areas of
Arunachal, Assam including Mizoram. The Company operates a crude oil pipeline in the North East for transportation
of crude oil produced by both OIL and ONGCL in the region to feed Numaligarh, Guwahati, Bongaigaon and Barauni
refineries and a branch line to feed Digboi refinery.
Oil India History[edit]
A 1157 kilometres long fully automated telemetric pipeline with 212 kilometres of looping having a total capacity to
transport over 6.0 MMTPA remains the lifeline of the Company. Commissioned in 1962, the double skinned crude oil
pipeline traverses 78 river crossings including the mighty Brahmaputra River meandering through paddy fields,
forests and swamps. There are 9 pumping stations, 17 Repeater stations and a terminal at Barauni. The engines that
drive the giant pumps along the pipeline have crossed over two hundred thousand hours of service and established a
world record of machine run - hours.
The Company is currently in the process of constructing a 660 KM long Product Pipeline from Numaligarh to Siliguri.
The Pipeline is expected to be completed by mid-2007. OIL also sells its produced gas to different customers in
Assam viz. BVFCL, ASEB, NEEPCO, IOC (AOD), and APL and to RSEB in Rajasthan. The company also produces
Liquefied Gas (LPG) in its plant at Duliajan, Assam.
Type

Public company

Traded as

BSE: 500134
NSE: ESSAROIL

Industry

Oil and gas

Headquarters Mumbai, India

Key people

Ravi
Lalit Gupta, MD,CEO

Ruia, Chairman

Products

Petroleum, fuels, natural

other petrochemicals

gas

and

Revenue

481.65 billion (US$7.4 billion) (2011)[1]

Net income

21.55 billion (US$330 million) (2011)

Total assets

210.84 billion (US$3.2 billion) (2011)

Owner(s)

Essar Group

Parent

Essar Energy plc[2]

Website

www.essar.com

Essar Oil (BSE: 500134, NSE: ESSAROIL) is an India-based company engaged in the exploration and production
of oil and natural gas, refining of crude oil, and marketing of petroleum products. It is a part of the Essar
Group based in Mumbai. It operates a major refinery in Vadinar, Gujarat, India, which made it the second largest
non-state refiner in India in 2009.[3]
In July 2009, Essar acquired a 50% stake in Kenya Petroleum Refineries Ltd.[4] In July 2012, following Gujarat High
Court's directions Gujarat Government seized three bank accounts of the company to recover its tax dues of
Rs80 billion.[5]
Reliance Industries
From Wikipedia, the free encyclopedia
Not to be confused with Reliance Anil Dhirubhai Ambani Group.
Type

Public

Traded as

BSE: 500325,NSE: RELIANCE,LSE: RIGD

BSE
SENSEX
Constituent
CNX Nifty Constituent

Industry

Conglomerate

Predecessor(s) Reliance Commercial Corporation

Founded

1966

Founder(s)

Dhirubhai Ambani

Headquarters

Mumbai, Maharashtra, India

Area served

Worldwide

Key people

Mukesh
(Chairman and MD)

Products

Crude oil, natural gas,petrochemicals,

petroleum,polyester,
textiles,
retail,telecom

Revenue

US$ 73.10 billion (2013)[1]

Operating
income

US$ 7.14 billion (2013)[1]

Net income

US$ 3.86 billion (2013)[1]

Ambani

Total assets

US$ 58.67 billion (2013)[1]

Total equity

US$ 31.66 billion (2013)[1]

Employees

23,519 (2013)[1]

Website

RIL.com

Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai,
Maharashtra, India. The company operates in five major segments: exploration and production, refining and
marketing, petrochemicals, retail and telecommunications.[2][3]
RIL is the second-largest publicly traded company in India by market capitalisation[4] and is the second largest
company in India by revenue after the state-run Indian Oil Corporation.[5] The company is ranked #107 on
the Fortune Global 500 list of the world's biggest corporations, as of 2013.[6] RIL contributes approximately 14%
of India's total exports.[7]
History[edit]
1960 - 1980[edit]
The company was co-founded by Dhirubhai Ambani and his cousin Champaklal Damani in 1960s as Reliance
Commercial Corporation. In 1965, the partnership was ended and Dhirubhai continued the polyester business of the
firm.[8] In 1966, Reliance Textiles Industries Pvt Ltd was incorporated in Maharashtra. It established a synthetic
fabrics mill in the same year at Naroda in Gujarat.[9] In 1975, company expanded its business into textiles, with
"Vimal" becoming its major brand in later years. The company held its Initial public offering (IPO) in 1977.[10] The
issue was over-subscribed by seven times.[11] In 1979, a textiles company Sidhpur Mills was amalgamated with the
company.[12] In 1980, the company expanded its polyster yarn business by setting up a Polyester Filament Yarn Plant
in Raigad, Maharashtra with financial and technical collaboration with E. I. du Pont de Nemours & Co., USA.[9]
1981 - 2000[edit]
In 1985, the name of the company was changed from Reliance Textiles Industries Ltd. to Reliance Industries
Ltd.[9] During the years 1985 to 1992, the company expanded its installed capacity for producing polyster yarn by
over 145,000 tonnes per annum.[9] The Hazira petrochemical plant was commissioned in 1991-92.[13] In 1993,
Reliance turned to the overseas capital markets for funds through a global depositary issue of Reliance Petroleum.
In 1996, it became the first private sector company in India to be rated by international credit rating
agencies. S&P rated BB+, stable outlook, constrained by the sovereign ceiling. Moody's rated Baa3, Investment
grade, constrained by the sovereign ceiling.[14] In the year 1995-96, the company entered the telecom industry
through a joint venture with NYNEX, USA and promoted Reliance Telecom Private Limited in India.[13] In 1998-99,
RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas.[13] During 1998-2000, the
company completed setup of integrated petrochemical complex at Jamnagar in Gujarat.[13]
2001 - 2013[edit]
In 2001, Reliance Industries Ltd. and Reliance Petroleum Ltd. became India's two largest companies in terms of all
major financial parameters.[15] In 2001-02, Reliance Petroleum was merged with Reliance Industries.[10] In 2002,
Reliance announced India's biggest gas discovery (at the Krishna Godavari basin) in nearly three decades and one
of the largest gas discoveries in the world during 2002. The in-place volume of natural gas was in excess of 7 trillion
cubic feet, equivalent to about 1.2 billion barrels of crude oil. This was the first ever discovery by an Indian private
sector company.[10][16] In 2002-03, RIL purchased a majority stake in Indian Petrochemicals Corporation Ltd. (IPCL),
India's second largest petrochemicals company, from Government of India.[17] IPCL was later merged with RIL in
2008.[18][19] In the years 2005 and 2006, the company reorganized its business by demerging its investments in power
generation and distribution, financial services and telecommunication services into four separate entities.[20] In 2006,
Reliance entered the organised retail market in India with the launch of its retail store format under the brand name
of 'Reliance Fresh'.[21][22] By the end of 2008, Reliance retail had close to 600 stores across 57 cities in India.[10] In
2010, Reliance entered Broadband services market with acquisition of Infotel Broadband Services Limited, which was
the only successful bidder for pan-India fourth-generation (4G) spectrum auction held by Government of
India.[23][24] In the same year, Reliance and BPannounced a partnership in the oil and gas business. BP took a 30 per
cent stake in 23 oil and gas production sharing contracts that Reliance operates in India, including the KG-D6 block
for $7.2 billion.[25] Reliance also formed a 50:50 joint venture with BP for sourcing and marketing of gas in India.[26]
Shareholding[edit]
The number of shareholders in RIL are approx. 3 million. The promoter group, Ambani family, holds approx. 45.34%
of the total shares whereas the remaining 54.66% shares are held by public shareholders, including FII and bodies
corporate.[27][28] Life Insurance Corporation of India is the largest non-promoter investor in the company with
7.98%
shareholding.[7]
Buyback: In January 2012, the company announced a buyback programme to buy a maximum of 120 million shares

for 10440 crore (US$1.6 billion). By the end of January 2013, the company bought back 46.2 million shares for
3366 crore (US$510 million).[29]
Listing[edit]
The company's equity shares are listed on the National Stock Exchange of India Limited (NSE) and
the BSE Limited. The Global Depository Receipts (GDRs) issued by the Company are listed on Luxembourg
Stock Exchange.[30][31] It has issued approx. 56 million GDRs wherein each GDR is equivalent to 2 equity shares of
the company. Approx. 3.46% of its total shares are listed on Luxembourg Stock Exchange.[27]
Its debt securities are listed at the Wholesale Debt Market (WDM) Segment of the National Stock Exchange of India
Limited
(NSE).[32]
Credit Ratings: It has received domestic credit ratings of AAA from CRISIL (S&P subsidiary) and Fitch. Moodys and
S&P have provided investment grade ratings for international debt of the Company, as Baa2 positive outlook (local
currency issuer rating) and BBB+ outlook respectively.[33][34][35]
Operations[edit]
Chairman and MD: Mukesh Ambani
The company's petrochemicals, refining, and oil and gas-related operations form the core of its business; other
divisions of the company include cloth, retail business, telecommunications and special economic zone (SEZ)
development. In 2012-13, it earned 76% of its revenue from Refining, 19% from Petrochemicals, 2% from Oil & Gas
and 3% from Other segments.[7]
In July 2012, RIL informed that it was going to invest US$1 billion over the next few years in its new aerospace
division
which
will
design,
develop,
manufacture,
equipment
and
components,
including airframe, engine, radars, avionics and accessories for military and civilian aircraft, helicopters,
unmanned airborne vehicles and aerostats.[36]
Major subsidiaries and associates[edit]
On 31 March 2013, the company had 123 subsidiary companies and 10 associate companies.[7]
Reliance Retail is the retail business wing of the Reliance Industries. In March 2013, it had 1466 stores in
India.[37] It is the largest retailer in India.[38] Many brands like Reliance Fresh, Reliance Footprint, Reliance Time
Out, Reliance Digital, Reliance Wellness, Reliance Trends, Reliance Autozone, Reliance Super, Reliance Mart,
Reliance iStore, Reliance Home Kitchens, Reliance Market (Cash n Carry) and Reliance Jewel come under the Reliance
Retail brand. Its annual revenue for the financial year 2012-13 was 10800 crore (US$1.7 billion) with an EBITDA
of 78 crore (US$12 million).[7][39]
Reliance Life Sciences works around medical, plant and industrial biotechnology opportunities. It specializes in
manufacturing, branding, and marketing Reliance Industries' products in bio-pharmaceuticals, pharmaceuticals,
clinical research services, regenerative medicine, molecular medicine, novel therapeutics, biofuels, plant
biotechnology, and industrial biotechnology sectors of the medical business industry.[40][41]
Reliance Institute of Life Sciences (RILS), established by Dhirubhai Ambani Foundation, is an institution
offering higher education in various fields of life sciences and related technologies.[42][43][44]
Reliance Logistics is a single-window company selling transportation, distribution, warehousing, logistics, and supply
chain-related products, supported by in-house telematics and telemetry solutions.[45][46][47] Reliance Logistics is an
asset based company with its own fleet and infrastructure.[48] It provides logistics services to Reliance group
companies
and
outsiders.[49] Merged
content
from Reliance
Logistics to
here.
See Talk:Reliance_Industries#Merge_proposals.
Reliance Clinical Research Services (RCRS), a contract research organisation (CRO) and wholly owned subsidiary
of Reliance Life Sciences, specialises in the clinical research services industry. Its clients are primarily pharmaceutical,
biotechnology and medical device companies.[50]
Reliance Solar, the solar energy subsidiary of Reliance, was established to produce and retail solar energy systems
primarily to remote and rural areas. It offers a range of products based on solar energy: solar lanterns, home lighting
systems, street lighting systems, water purification systems, refrigeration systems and solar air
conditioners.[51] Merged content from Reliance Solar to here. See Talk:Reliance_Industries#Merge_proposals.
Relicord is a cord blood banking service owned by Reliance Life Sciences. It was established in 2002.[52] It has
been inspected and accredited by AABB,[53] and also has been accorded a license by Food and Drug Administration
(FDA), Government of India.
Reliance Jio Infocomm (RJIL), previously known as Infotel Broadband, is a broadband service provider which
gained 4G licences for operating across India.[54] Now it is wholly owned by RIL for
4800 crore (US$730 million).[55][56]
Reliance Industrial Infrastructure Limited (RIIL) is an associate company of RIL. RIL holds 45.43% of total
shares of RIIL.[7] It was incorporated in September 1988 as Chembur Patalganga Pipelines Limited, with the main
objective being to build and operate cross-country pipelines for transporting petroleum products. The company's

name was subsequently changed to CPPL Limited in September 1992, and thereafter to its present name, Reliance
Industrial Infrastructure Limited, in March 1994.[57] RIIL is mainly engaged in the business of setting up and operating
industrial infrastructure. The company is also engaged in related activities involving leasing and providing services
connected with computer software and data processing.[58] The company set up a 200-millimetre diameter twin
pipeline system that connects the Bharat Petroleum refinery at Mahul, Maharashtra, to Reliance's petrochemical
complex at Patalganga, Maharashtra. The pipeline carries petroleum products including naphtha and kerosene. It
has commissioned facilities like the supervisory control and data acquisition system and the cathodic protection
system, a jackwell at River Tapi, and a raw water pipeline system at Hazira. The infrastructure company constructed
a 71,000 kilo-litre petrochemical product storage and distribution terminal at the Jawaharlal Nehru Port Trust (JNPT)
Area in Maharashtra.[citation needed]
Employees[edit]
As on 31 March 2013, the company had 23,519 employees of which 1,159 were women and 82 were employees with
disabilities.
It
also
had
29,462
temporary
employees
on
the
same
date.[7]
[59]
As per its Sustainability Report for 2011-12, the attrition rate was 7.57%. In its 39th Annual General Meeting, the
company Chairman informed the shareholders of the investment plans of the company of about
150000 crore (US$23 billion) in next three years. This would be accompanied by increasing the staff strength in
Retail division from existing strength of 35,000 to 120,000 in next three years and increasing employees in Telecom
division from existing 3,000 to 10,000 in 12 months.[60]
Environmental record[edit]
Reliance Industries is the world's largest polyester producer and as a result one of the largest producers of polyester
waste in the world. In order to deal with large quantities of waste, they operate the largest polyester recycling
centre that uses the polyester waste as a filling and stuffing. [citation needed]
Awards and recognition[edit]
International Refiner of the Year in 2013 at the HART Energys 27th World Refining & Fuel Conference.[1] This is the
second time that RIL has received this Award for its Jamnagar Refinery, the first being in 2005.[61]
According to survey conducted by Brand Finance in 2013, Reliance is the second most valuable brand in India.[62]
The Brand Trust Report, 2013 has ranked 'Reliance' as the 7th most trusted brand in India.[63]
RIL was certified as 'Responsible Care Company' by the American Chemistry Council in March, 2012.[64]
RIL was ranked at 25th position across the world, on the basis of sales, in the ICIS Top 100 Chemicals Companies list
in 2012.[65]
RIL was awarded the National Golden Peacock Award 2011 for its contribution in the field of corporate
sustainability.[66]
In 2009, Boston Consulting Group (BCG) named Reliance Industries as the world's fifth biggest 'sustainable value
creator' in a list of 25 top companies globally in terms of investor returns over a decade.[67]
The company was selected as one of the world's 100 best managed companies for the year 2000
by IndustryWeek magazine.[9][68]
From 1994 to 1997, the company won National Energy Conservation Award in the petrochemical sector.[9]
Controversies[edit]
De-merger of RIL in 2005-06[edit]
The Ambani family holds around 45% of the shares in RIL.[69] Since its inception the company was managed by its
founder and chairman Dhirubhai Ambani. After suffering a heart attack in 1986, he handed over the daily operations
of the company to his sons Mukesh Ambani and Anil Ambani. After the death of Dhirubhai Ambani in 2002, the
management of the company was taken up by both the brothers. In November 2004, Mukesh Ambani, in an
interview, admitted to having differences with his brother Anil over 'ownership issues'.[70] He also said that the
differences "are in the private domain". The share prices of RIL were impacted by some margin when this news
broke out. In 2005, after a bitter public feud between the brothers over the control of the Reliance empire, mother
Kokilaben intervened to broker a deal spliting the RIL group business into the two parts.[71] In October 2005, the split
of Reliance Group was formalized. Mukesh Ambani got Reliance Industries and IPCL. Younger brother Anil Ambani
received telecom, power, entertainment and financial services business of the group. The Anil Dhirubhai Ambani
Group includes Reliance Communications, Reliance Infrastructure, Reliance Capital, Reliance Natural Resources and
Reliance
Power.[72][73]
The division of Reliance group business between the two brothers also resulted in de-merger of 4 businesses from
RIL.[74][75] These businesses immediately became part of Anil Dhirubhai Ambani Group. The existing shareholders in
RIL, both the promoter group and non-promoters, received shares in the de-merged companies.[20]
Cairn India
From Wikipedia, the free encyclopedia
Cairn India

Type

Public limited company

Traded as

NSE CAIRN, BSE 532792

Industry

Oil and gas

Founded

2007

Headquarters 3rd and 4th Floor, Vipul Plaza Sector 54,

SunCity, Golf Course Road Gurgaon,
Haryana 122002 India
Area served

India & Sri Lanka

Key people

P
(CEO)
Navin
(Chairman)

Products

Oil and Gas

Revenue

US $3,223 million (FY 201213)

Employees

10015000

Subsidiaries

List[show]

Elango
Agarwal

Website
www.cairnindia.com
Cairn India (NSE CAIRN, BSE 532792) is headquartered in Gurgaon, India. It is engaged in the business
of oil and gas exploration and production.[1] Cairn India is one of the largest independent oil and gas exploration and
production companies in India. Cairn and its JV partners account for more than a fifth of Indias domestic crude oil
production. It has been operating in India for more than fifteen years. Cairn Indias producing assets are in Rajasthan,
Cambay and Ravva. Cairn India has a portfolio of nine blocks, that it operates, which are located in four strategically
focused areas: one in Rajasthan; two on the west coast of India; five on the east coast of India (including one in
offshore Sri Lanka) and one in offshore South Africa.
The Mangala discovery in Rajasthan in 2004 was the largest onshore discovery in the country in the past two
decades. The company operates a producing oil field in the Indian private sector.[2]
Cairn produces oil and gas from three blocks in India: Ravva in Andhra Pradesh, CB-OS/2 in Gujarat and RJON-90/1 in
Rajasthan.[3] In 2007, Cairn India was listed on the National Stock Exchanges and as on date has a market
capitalisation of ~$14 billion and amongst the top 25 Indian company in the NIFTY 50 index. Top 250 Global Energy
Company Rankings by Platts, ranked Cairn India for being the World's fastest-growing energy company in 2011.[4]
In early 1999, Cairn made the first Rajasthan discovery Guda field, followed by Saraswati in 2001. Mangala was
their biggest discovery in 2003, followed by Raageshwari, Bhagyam, Aishwariya, Kaameshwari and GR-F fields in
Rajasthan. In 2003, Cairn acquired 100% of the exploration interest and took over as the operator of the block.
Ravva block in eastern coast of India was the first offshore oil and gas field to be developed, followed by the Lakshmi
gas field in western India, which was discovered in 2000 and commenced production in 2002. In January 2004, Cairn
India added the Mangala oil field in Rajasthan to its assets and this, along with, the other discoveries in Rajasthan.
On 9 January 2007, Cairn India Limited was listed on the Bombay Stock Exchange and the National Stock Exchange of
India.
Two of blocks are located onshore in the Barmer and Krishna-Godavari Basins, and the remaining seven blocks are all
located offshore in the Krishna-Godavari Basin, the Palar-Pennar Basin, the Cambay Basin, and the Mumbai Offshore
Basin in India, and the frontier Mannar Basin in Sri Lanka and the Orange Basin in South Africa.
Contents
[hide]
1 Cairn Vedanta deal
2 Vedanta ownership
3 Corporate affairs
3.1 Management
4 Operations
4.1 Andhra Pradesh
4.2 Gujarat
4.3 Rajasthan

4.4 Commencement of Sale of Gas Rajasthan Block

4.5 Midstream operations
4.6 International operations: Sri Lanka
4.7 South Africa
5 Sponsorships
6 Awards and recognition
7 References
Cairn Vedanta deal[edit]
Vedanta Resources PLC initially reached an agreement to acquired 58.5% of Cairn India for a total consideration of
$8.67 billion in August 2010, with final shareholder approval in December.
Vedanta ownership[edit]
While waiting on government approval on its agreement with Cairn Energy, Vedanta acquired an additional 18.5%
on the open market including a 10.4% stake from Petronas for $1.5 billion.
Corporate affairs[edit]
Management[edit]
Chairman: Naveen Agarwal Mr. Agarwal is Vedantas Deputy Executive chairman and was appointed to the
Vedanta board of directors in November 2004.
CEO: P Elango - In August 2012, the Board appointed P Elango, Director Strategy and Business Services and a
member of Cairn Indias Executive Committee, as the Interim CEO. P Elangois a long-time Cairn veteran and has been
with Cairn for over 17 years
Non-Executive and independent director-Edward T Story: A science graduate from Trinity University, San Antonio,
Texas and is an MBA from University of Texas.
Non-Executive and independent director Naresh Chandra: Is an MSc in Mathematics from Allahabad University and
is a retired IAS officer. Previously, Mr Chandra was the Chairman of the Committee on Corporate Governance, Indias
Ambassador to the USA, Advisor to the prime minister, Governor of Rajasthan, Cabinet Secretary to the Government
of India, and Chief Secretary to the Government of Rajasthan.
Non-Executive and independent director Aman Mehta: Is an economics graduate from Delhi University. He was the
chief executive officer of HSBC Asia Pacific until 2003. Mr Mehta is currently an independent non-executive director
of several public companies in India as well as overseas.
Non-Executive and independent director Omkar Goswami: Holds Master of Economics degree from Delhi School of
Economics, and a D.Phil. in Economic History from Oxford University. He has taught in several academic institutions
in India and abroad; edited one of Indias best known business magazines; was the Chief Economist of
the Confederation of Indian Industry; and is the Executive Chairman of CERG Advisory Private Limited, a consulting
and advisory firm.
Non-executive director Tarun Jain : Is the Director of Finance of Sterlite. Mr. Jain joined Sterlite in 1984 and has
over 27 years of experience in corporate finance, accounts, audit, taxation and secretarial practice.
Non-executive director Priya Agarwal: Had experience in Public Relations with Ogilvy & Mather and in Human
Resources with KornFerry International, Vedanta Resources and HDFC Bank.
Operations[edit]
Andhra Pradesh[edit]
The Ravva oil and gas field in the Krishna- Godavari Basin was developed in partnership with Cairn
India, ONGC, Videocon and Ravva Oil, under a production sharing contract (PSC) that runs until 2019. Currently, eight
unmanned offshore platforms are being operated. A 225 acre onshore processing facility at Surasaniyanam
processes natural gas and crude oil from the Ravva field. The Ravva onshore terminal operates to the internationally
environmental standard ISO 14001 and has the capacity to handle 70,000 barrels of oil per day (bopd), 95 million
standard cubic feet per day (mmscfd) of natural gas and 110,000 barrels per day of injection water. The terminal also
has the capacity to store one million barrels of crude oil onshore.
The Ravva field has produced more than 253 million barrels of crude and sold 317 billion cubic feet of gas; about
thrice the initial estimates. During the financial year, the plant uptime was 99.7% demonstrating superb operational
efficiency. The asset recorded 1.61 million LTI free hours during the year. The offshore production platform at Ravva
received the Oil Industry Safety Award for the year 201011.
Gujarat[edit]
In 2002, gas production commenced from the Lakshmi gas field, which is situated in Block CB/OS-2 in the Cambay
Basin of the west coast of India in the Gulf of Khambhat. The Gauri offshore gas field was discovered in 2001 and
came on-stream in 2004. CB-X, a marginal gas field in the transition zone of the CB/OS-2 block was in production
between June 2007 and August 2009. The Lakshmi and Gauri fields commenced production of oil in addition to its
gas production in 2005. The CB/OS-2 Block has completed 10 years of production and crossed a cumulative

production of over 50 mmboe hydrocarbons. Safety and operational integrity have been a strong area of focus for
the CB/OS-2 asset operations team. The asset team recorded 0.93 million LTI free hours and delivered facilities
uptime of 99.9% during FY 2012-13.. The block has recorded more than nine million safe work hours over the last
seven years.
Rajasthan[edit]
The Mangala[5] field in Rajasthan,[6] which was discovered in January 2004, is the largest onshore oil discovery in India
in more than 20 years. The Mangala, Bhagyam and Aishwariya (MBA) fields have gross recoverable oil reserves and
resources of over one bn boe. This includes proven plus probable (2P) gross reserves and resources of 636 mm boe
with a further 308 mm boe or more of EOR resource potential.
The Mangala, Bhagyam and Aishwariya (MBA) fields have gross recoverable oil reserves and resources of
approximately one billion barrels. Production from the Rajasthan Block currently contributes more than 23% of
Indias domestic production. Cairn India plans to drill in excess of 450 wells in the Rajasthan block over a three year
period; includes 100 Exploration and Appraisal (E&A) wells and the balance as development wells to sustain and
enhance production volumes.Cairn India made its 26th discovery in the RJ-ON-90/1 block in Rajastan. Oil Discovery
In Rajasthan Cairn India's renewed exploration efforts resulted in an oil discovery, the 26th discovery so far in the RJON-90/1 block, following recent policy clarity by Government of India (GoI) to conduct exploration activity in
development blocks. The Management Committee approved the exploration work programme for the RJON-90/1
block on 14 February, 2013, post which Cairn India, the Operator of the block, commenced the drilling of its first
Exploration well, Raageshwari-South-1, on 25 February, 2013 located in the southern part of the block.
Mangala : At Mangala, a total of 148 development wells have been drilled and completed with 96 producers and 33
injectors operationalised. The Company has successfully drilled and completed 11 horizontal wells at
MangalaMangala field is producing at plateau rates; infill wells are planned this year for sustaining and extending
plateau andgoing forward, the Company intends to bring other wells on stream in a staged manner. Bhagyam:
Bhagyam is the second largest field in the Rajasthan block, with an approved production plateau of 40,000 bopd. A
total of 62 development wells have been drilled till date with 21 producers and four injectors operational; 12
producer wells are yet to be drilled.Bhagyam field is expected to ramp up to approved rate in H2 FY2013-14; and
additional wells are planned this year. Both Mangala and Bhagyam are connected to the Mangala Processing
Terminal (MPT), which processes the crude oil from the Rajasthan fields.
Aishwariya: The Aishwariya field is the third largest discovery in the Rajasthan block. Following an assessment of
higher production potential and design optimisation due to increased reserves and resources, Cairn India has
commenced development work in the field. Now Aishwariya field has commenced oil production and is the fifth oil
field in the Rajasthan block to come online.The oil production from Aishwariya field was inaugurated on 23rd March
2013, by the Honble Minister of Petroleum and Natural Gas, Dr M VeerappaMoily in Barmer, Rajasthan in the
presence of the Honble Chief Minister Shri Ashok Gehlot, the Honble Union Minister of State of Petroleum and
Natural Gas Smt. P. Lakshmi. The field will achieve a gradual and safe ramp up to reach the currently approved FDP
rate of 10,000 bopd.
Raageshwari Deep Gas Field: The Raageshwari Deep Gas field is meant to supply gas to meet the energy
requirements at the MPT and the Mangala Development Pipeline, which runs approximately 670 km from Barmer to
Viramgam to Salaya and then on to Bhogat, near Jamnagar, on the Arabian Sea coast. Saraswati and Raageshwari
Fields: The Saraswati Field, which commenced production in May 2011, is currently producing at a rate of 250 bopd.
Till date, it has produced over 75,000 barrels of oil. This oil is processed at the MPT, and blended with the Mangala
oil which is sold through the pipeline. The marginal oil field at Raageshwari also commenced production in March
2012.. The Raageshwari and Saraswati fields continue to cumulatively contribute over 500 bopd towards the total
production from the block. Cairn India plans to drill in excess of 450 wells in the Rajasthan block over a three year
period; includes 100 Exploration and Appraisal (E&A) wells and the balance as development wells to sustain and
enhance production. Cairn India commenced gas sales from the Raageshwari field on 23rd March 2013.
Commencement of Sale of Gas Rajasthan Block[edit]
On 23 March 2013, The Cairn-ONGC Joint Venture (JV) commenced commercial sale of gas from the Rajasthan Block
(RJ-ON-90/1). Initial commercial volumes will be about 5 mmscf per day. The gas sales was inaugurated by the
Honble Minister of Petroleum and Natural Gas, Dr M VeerappaMoily in Barmer, Rajasthan in the presence of the
Honble Chief Minister Shri Ashok Gehlot, the Honble Union Minister of State of Petroleum and Natural Gas Smt. P.
Lakshmi. The RJ-ON-90/1 block currently produces about 30 mmscf of gas per day from the Raageshwari Deep Gas
field and as associated gas along with crude oil from the Mangala and Bhagyam fields. The continued exploration
program in the block targets several other gas prospects that are expected to add to the production of natural gas
from the block over the years. This is expected to pave the way in future for developing the state of Rajasthan as a
gas-based economy.
Midstream operations[edit]

The Mangala Processing Terminal: The Mangala Processing Terminal (MPT) spread over an area of 1.6 km2 and is
located 40 km from the nearest town, Barmer. The MPT processes crude oil extracted from the Rajasthan fields.
Following the processing, the crude oil is transported to distant consumer refineries through a 24 diameter
continuously heated and insulated pipeline. The MPT integrated production facilities support FDP approved
production of 175,000 bopd.
The Mangala Development Pipeline: The Mangala Development Pipeline (MDP)[7] is the worlds longest continuously
heated and insulated pipeline and will have access to 75% of Indias refining capacity. The MDP originates from
Mangala Processing Terminal (MPT) in the Mangala Field and passes through two states (Rajasthan and Gujarat),
eight districts and travels up to ~670 km before it reaches its end at the coastal location of Bhogat near Jamnagar on
the western coast line of India. About 154 km of the pipeline is in Rajasthan and the rest in Gujarat. The MDP is a 24"
crude oil pipeline which is using Skin Effect Heat Management System (SEHMS) to ensure that the crude oil remains
above the Wax Appearance Temperature (WAT) of 65 Deg C, through the pipeline. It has 8" gas line which feeds gas
to all the ~36 Above Ground Installations located at every ~ 18 km distance along the pipeline which produces the
necessary power to keep the pipeline at the required temperature. The gas needed to fire the boilers and, more
importantly, to generate the power to heat the waxy crude at an average of 65-degree Celsius along the pipeline,
comes from the Raageshwari gas field, located 90 km away from the MPT.
In addition, there is an intermediate terminal at Viramgam for storage and further pumping to the coast, including a
pigging facility. There are two other pigging stations at Sanchore and Wankaner to insert 'pigs' (pipeline cleaning
devices) that are used to clean and inspect the pipeline. The pipeline crosses all major crude oil carrier pipelines in
the Western part of India and thus, offers potential of blending the Rajasthan crude with these large crude carrier
lines. As it terminates at coastal location, the marine facilities are designed to load the crude oil carriers to transport
the crude oil to other coastal refiners as well.
The pipeline also incorporates the first of its kind Pipeline Intrusion Detection System. This provides security along
the entire length, utilising a fibre optic electronic vibration system that generates an alarm. This is linked to a central
control unit via a Geographic Information System (GIS)-based mapping system. The entire length of the pipeline is
monitored at the MPT, Viramgam and Bhogat terminals for flow, temperature, pressure, and other operational
parameters.
Phase 1 of the pipeline construction fom MPT to Salaya, in Gujarat, includes spur lines to connect to private refiners
and another spur line at Radhanpur to connect with the Indian Oil Corporation Limiteds (IOCLs) Mundra to Panipat
crude pipeline. Since then, oil was introduced in the pipeline on 13 May 2010 and has began commercial sales to
IOCL and private refiners. The pipeline construction from Barmer to Salaya was completed in a record time of 18
months. Phase II: From Salaya to the Bhogat terminal on the Arabian Sea coast, and a pipeline connecting the
terminal to the marine facilities is under construction
International operations: Sri Lanka[edit]
The Block SL 2007-01-001 was awarded to Cairn Lanka Private Limited, the wholly owned subsidiary of Cairn India.
Cairn Lanka commenced its 3D seismic survey in the Mannar Basin in Sri Lanka on 10 December 2009 and the data is
currently being processed. The acquisition programme, which was launched by the Honourable President of Sri
Lanka, Mahinda Rajapaksa, fulfilled the commitment of 1450 km2 of 3D seismic data acquisition. The Mannar basin
is an under-explored frontier basin, with both structural and stratigraphic plays.
The drillship Chikyu was mobilised and three well exploration drilling campaign in the SL 2007-01-001 block
commenced in August 2011. Cairn Lankas drilling programme[8] is the first successful programme in Sri Lanka in 30
years and has established a working petroleum system in the frontier Mannar Basin.[9][10]
The drilling of the phase-II exploration well has been completed in February, 2013. The well encountered high quality
reservoir sands; however these sands were water bearing. The well was plugged and abandoned and the rig was
demobilized. The results of the well are being integrated with reprocessed 3D seismic data to finalize the forward
programme which includes the options for appraisal of the existing two discoveries and entering exploration phaseIII.
South Africa[edit]
Cairn India has acquired an exploration block in South Africa (Block 1) and has signed a farm-in agreement with
PetroSA, the South African National Oil Company, Block 1 covers a large area of 19,922 km2 and is currently in the
initial stages of exploration. It has an existing gas discovery and identified oil & gas leads and prospects. Located in
the geologically proven Orange Basin along the northwestern maritime border of South Africa with Namibia, the
block is on trend with the discovered Kudu and Ibhubesi gas fields. Cairn India will hold a 60% interest in the block
and will be the Operator, while PetroSA will hold the remaining interest. Government approval has been received for
transfer and assignment of PetroSAs Participating Interest (PI) to Cairn in Block 1. The assignment agreement was
executed in February, 2013. The 3D survey acquisition commenced in March, 2013 and is likely to be completed
within this quarter. As on date more than 80% of the survey has been completed.

Sponsorships[edit]
Cairn India has Co-sponsored the Indian Hockey senior teams for a tenure of three years. This association, for a sum
of several crores per annum, will cover the senior and junior national men and women teams. Cairn India announced
the three year association with Hockey India in the presence of Hockey India officials and the captains of the men
and women hockey teams. Cairn Indias association with Hockey India reinforces its commitment towards securing a
positive future for the nation. Cairn has decided to join forces with the national game of the country and plans
through several initiatives to encourage the sport amongst the new generation.
Awards and recognition[edit]
Winner of 2012 Platts Top 250 Global Energy Company award for the Fastest growing company in Asia and the
World[11]
Winner of 2012 FICCI Safety Excellence award for Manufacturing conferred to Ravva Asset[12]
Winner of 2012 PetroFed award for O&G Pipeline Transportation Company of the Year[13]
Winner of Blue Dart Global CSR Award, 2012[14]
Winner of 2011 Spotlight Awards by League of American Communications Professionals[15]
Cairn India awarded 'Superbrand' status, 2011[16]