CAIRN ENERGY INDIA PTY LIMITED

Cairn Energy India Pty Limited is a subsidiary of Cairn Energy PLC, a British oil and gas exploration and production company. Cairn Energy PLC, now known as Capricorn Energy PLC (following a rebranding), has been involved in significant hydrocarbon exploration projects and has a notable presence in India, particularly in the Rajasthan region.

In India, Cairn Energy operates through its subsidiary, Cairn India, which was historically responsible for some of the country's largest oil discoveries, particularly in the Rajasthan block where the Mangala, Bhagyam, and Aishwariya (MBA) oil fields are located. These fields are among the largest onshore oil finds in the country.

Key points about Cairn Energy India include:

Operations in Rajasthan: The company's operations in the Rajasthan block have been crucial to India's domestic oil production. The MBA fields have contributed significantly to onshore oil production in India.
Historical Contributions: Cairn India's discoveries and subsequent oil production have played an important role in reducing India's dependency on oil imports, thereby contributing to the nation’s energy security.
Global Presence: While Cairn Energy India Pty Limited focuses on Indian operations, the parent company, Capricorn Energy PLC, has global operations, with exploration and production activities in various regions, including the UK North Sea, West Africa, and Latin America.
Corporate Changes: Over the years, there have been various corporate changes, mergers, and acquisitions. Most notably, Cairn India was acquired by Vedanta Resources in 2011 in a significant corporate deal. Later, Cairn India was merged with Vedanta Limited, becoming a part of one of the world’s largest diversified natural resources companies.
Legal Disputes: Cairn Energy PLC was involved in a high-profile legal dispute with the Indian government related to retrospective taxation. In 2020, an international arbitration tribunal ruled in favor of Cairn, ordering India to pay substantial compensation. The dispute is an important case in the context of international investment and arbitration.

Cairn Energy India's developments are part of the broader narrative of India's efforts to harness its natural resources efficiently to meet its growing energy needs and reduce its reliance on imported energy.

Ships

RAVVA 2

Single Point Mooring

Maritime News

Families of Workers Killed in Baltimore Bridge Tragedy Sue Dali Owner, Operator

14 hours ago

The families of the six workers who died in the March collapse of the Francis Scott Key Bridge in Baltimore filed lawsuits on Friday against the owner and operator of the cargo ship that struck the bridge.The lawsuits filed in Maryland federal court by the families of Carlos Daniel Hernandez Estrella, Alejandro Hernandez Fuentes, Miguel Angel Luna, Dorlian Ronial Castillo Cabrera, Maynor Yasir Suazo Sandoval and Jose Mynor Lopez seek unspecified damages from the registered owner of the ship, Grace Ocean Pte Ltd, and its manager, Synergy Marine Group, claiming they negligently allowed the ship to depart Baltimore when they knew it was plagued by mechanical issues.

Containership Dali Leaves US for Chinese Repair Yard

15 hours ago

The containership Dali has departed U.S. waters en route to a Chinese repair yard nearly six months after the vessel struck Baltimore's Francis Scott Key Bridge, triggering its deadly collapse.The Singapore-registered ship, which had been moved from Baltimore to Norfolk, Va. in June for initial repairs, will undergo more extensive repair work at a yard in Ningbo, China. Dali departed Norfolk on Thursday without cargo and under escort from the U.S. Coast Guard and a trio of tugboats. The damaged vessels' journey to China is expected to take about 6-7 weeks due speed restrictions.The U.S.

Brokers Launch Port Disruption Insurance Amid Shipping Chaos

18 hours ago

Broker Marsh and Lloyd's underwriter Tokio Marine Kiln (TMK) have set up business interruption insurance for ports to provide cover against growing trade disruption risks such as threats to shipping in the Red Sea, executives involved said.Ports across the globe are dealing with multiple issues that are disrupting flows of goods, including attacks by Yemen's Houthis on commercial shipping as well as the risk of strikes at terminals in the United States."Recent geopolitical turmoil has exposed a clear gap in the standard cover available to ports and other cargo facilities.

Antigua-flagged Vessel Damaged in Russian Attack

18 hours ago

A Russian missile strike has damaged infrastructure and an Antigua-flagged civilian vessel in the Ukrainian port of Odesa, the regional governor said on Friday.Four people were wounded in the airstrike, Governor Oleh Kiper said on the Telegram messaging app."Debris from, according to preliminary assessment, an Iskander-M missile, damaged port and civilian infrastructure, as well as a civilian ship flying the flag of Antigua," Kiper said.The Iskander-M is a ballistic missile which flies at several times the speed of sound and has a stated range of up to 500 km (310 miles).A market source, speaking on condition of anonymity, told Reuters the vessel was carrying metal products.

Crewmember Goes Missing From Canadian Coast Guard Vessel

yesterday

The Canadian Coast Guard has called off a search for a crewmember believed to have gone overboard from one of its icebreaker vessels off Newfoundland's northeast coast. The CCGS Vincent Massey crewmember, who was reportedly last seen aboard the ship on Sunday evening, was reported missing at 8:15 a.m. on Monday when the vessel arrived in St. John's.An "extensive" search involving Canadian Coast Guard vessels, aircraft and vessels from other federal sources was launched but proved unsuccessful. The decision to end the search was made Tuesday afternoon"We are devastated to confirm that one of our own employees has been lost at sea.