Cairn has signed a contract with Parker Wellbore for exploration and production activities in Barmer, Rajasthan.
The deployment of an advanced rig in Barmer aligns with Cairn's efforts to increase production and support exploration initiatives in the region.
The strategic partnership with Parker Wellbore will enhance Cairn's operational performance and contribute to its growth in line with its vision to grow production.
Cairn currently contributes around 25% of India's domestic crude oil production and aims to double its contribution in the future.