Cairn « Ocean of LIFE!

Posts Tagged ‘ Cairn ’

Stock Idea : Aban Offshore

September 13th, 2008
Posted in Aban Offshore . GSPC . ONGC . Stock Idea

Aban Offshore Ltd., formerly Aban Loyd Chiles Offshore Limited, is an off-shore oil and gas drilling company. The Company has two business segments: Offshore Oil Drilling and Production services, and Wind Power generation. The Company together with its sub-sidiaries, provides oil field services for offshore exploration and pro-duction of hydrocarbons in India and internationally. ASSETS [ READ MORE ]

India, The World’s Refiner

December 19th, 2007
Posted in Market . Oil & Gas

India ranks sixth in the world in terms of petroleum demand and by 2010, India is projected to replace South Korea and emerge as the fourth-largest consumer of energy, after the United States, China and Japan. Since India is dependent on imports for nearly 70 per cent of its petroleum requirements, energy security has become [ READ MORE ]

LNMittal: Planning Big in Indian Oil & Gas sector

December 18th, 2007
Posted in Market . Oil & Gas

An analyst said that Cairn’s Rajasthan assets would fit the bill as Mittal already owns 49 per cent stake in Hindustan Petroleum Corporation’s (HPCL’s) upcoming 9 million-tonne per annum refinery at Bathinda in Punjab. Production from Cairn’s Rajasthan field is expected to begin in mid-2009. The Bathinda refinery would be completed by 2010-11. “The crude oil [ READ MORE ]

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