Cairn

Fueling India’s Energy Ambitions since 1994

At Cairn Oil & Gas, innovation and sustainability are the driving forces behind our aspirations to "Energise India". Since our inception in 1994, when we set out with the modest goal of enhancing Ravva’s energy reserves in Andhra Pradesh, we have grown to contribute 25% of the nation’s domestic crude oil production.

Over the past three decades, our relentless focus on leveraging cutting-edge technology, sustainable practices, and a portfolio of high-reward exploration prospects across the risk spectrum has fueled our journey to empower lives and ensure energy security for the nation.

Corporate Overview

25% contribution to India’s domestic crude oil production

Operated Production
1,27,549 BOEPD
in FY 2023-24

Blocks in India
62

Established R&R Base of
1.4 billion barrels of oil equivalent Gross provided, and probable reserve and resources

37 wells drilled and 51 wells hooked
up during FY 2023-24 across all assets

Discoveries made
50+

Operational Excellence through Technology

At Cairn, our technologies not only enable the discovery of new oil and gas resources but also optimise the recovery of resources from existing operational fields.

As leaders in technological integration across our operations, we have achieved several significant global milestones to date

World's largest Enhanced Oil Recovery (EOR) polymer flood project

World's largest Alkaline Surfactant Polymer (ASP) project

World's longest continuously heated and insulated oil pipeline (705 km)

Deployed the world's first gas-engine driven Horizontal Pump System (HPS) on an unmanned offshore platform at Cambay block in Gujarat in FY 2023-24

Leadership Insight

“Vedanta has consistently demonstrated its dedication to generating value and enhancing livelihoods through sustainable and ethical business practices. We acknowledge our role in society and have identified the necessary steps to uphold our pledge to the environment, our employees, local communities, and our nation.”

Anil Agarwal

Chairman, Vedanta Ltd.

Our Sustainability Ethos

Cairn Oil & Gas stands at the forefront of India’s journey towards energy self-reliance, driving transformation in the energy sector for 30 years with a steadfast commitment to sustainable growth.

Transforming Responsibly for Securing India's Energy Future

Transforming the Planet

Achieving Net Zero Carbon by 2030.
Sustain Net Water Positive impact.
Planting 2 million trees by 2030.
Protecting and enhancing biodiversity.

Transforming Communities

Positively impact 1 million people by 2030 through sustainable livelihood opportunities.
Educating ~9 million students by 2030 through digital education programs.
Uplifting 20 million women and children through Education, Nutrition, Healthcare and Welfare.

Transforming the Workplace

Prioritising safety and health of all employees and business partners.
Promote gender parity, diversity and inclusivity.
Align with global standards of corporate governance.

ESG Performance Highlights FY 2023-24

~2,29,000 tCO₂e

Reduction in GHG emission in last 4 years

60%

Reduction in flaring volume of potential gas in last 4 years

~0.88 million GJ

Energy conserved

~92,000 bbls

Hydrocarbon recovered by Oily sludge processing in last 4 years

>95%

of hazardous waste diverted for gainful utilisation (Material or Energy recovery)

1.15

Net positive Water Impact (NPWI) index

>99%

of water requirement is met through saline water

0.66 million KL

Water conserved in the last 4 years

>82%

Water recycling rate

>96%

Produced water recycled through reinjection

24.9 million

Lives positively impacted through CSR interventions

INR 14.63 crore

CSR spent

>23 million

Students benefitted by access to quality education via
e-Kaksha — Digital Education program since inception

INR ~73 crore

Spent on community upliftment in last 4 years

~192 million

Lives positively impacted through CSR interventions in last 4 years

~21%

Gender Diversity (Full time employee)

11%

Women in Leadership Positions (Full time employee)

18%

Women in decision-making bodies (Full time employee)

67%

Reduction in lost time injury rate in last 4 years

0.10

LTIFR (lost time injury frequency rate)

0.22

TRIFR (total recordable injury frequency rate)

77%

Reduction in our total recordable injury rate in the last 4 years

>60%

Procurement from local vendors (within same district and adjoining district)

INR 17,836 crore

Net Revenue

INR 9,777 crore

EBIDTA

INR 21,082 crore

Contribution to the state and national exchequer

INR 2,38,094 crore
($ ~40 billion)

Cumulative Exchequer since inception

Transforming the Planet

Environmental stewardship is inherent to our operational philosophy and ESG purpose. Our preventative approach is based on conducting comprehensive risk assessments and establishing protocols and practices to minimise environmental impact. We are continuously striving towards innovating and reimagining a planet that is healthier and sustainable.

UN SDGs Impacted

Our Commitments

Net Zero Carbon by 2030

Sustain Net Water Positive impact

Planting 2 million trees by 2030

Protect and enhance biodiversity throughout project lifecycle

Transforming Communities

Cairn is dedicated to socially responsible, ethical, and environmentally sustainable operations, aiming to improve living standards and quality of life in their regions. We actively carry out Corporate Social Responsibility (CSR) initiatives aligned with UN Sustainable Development Goals, collaborating with government and public stakeholders through the Cairn Foundation.

UN SDGs Impacted

Our Commitments

Positively impact 1 million people by 2030 through sustainable livelihood Opportunities

Educating ~9 million students by 2030 through digital education programmes

Uplifting 20 million women and children through Education, Nutrition, Healthcare, and Welfare

Transforming the Workplace

At Cairn, we create long-term value through innovation and people-centric operations, fostering a safe, inclusive, and empowering environment where our diverse workforce can reach its full potential. By prioritising health and safety, we ensure a secure workplace while driving global ambitions and national priorities through engagement, performance management, and skill development.

UN SDGs Impacted

Our Commitments

Prioritising safety and health of all employees and business partners

Promote gender parity, diversity and inclusivity

Leading with Foresight and Transparency

Our unwavering commitment to good governance reinforces our dedication to ethical and responsible business practices. By aligning strategies across all divisions, mitigating risks, engaging stakeholders, and ensuring seamless integration of oversight with execution, we establish a robust framework for progress. This approach reflects our commitment to fostering long-term value creation while upholding the highest standards of environmental and social responsibility.

NET ZERO

Accelerating Sustainable Transformation