Key Projects :
E & P Asset Transaction
E & P Asset Transaction in India between Cairn & ONGC
  • Between Cairn Energy and ONGC
  • Involving 4 exploration and production assets
  • Exploration - Deepwater KG, Onshore Cambay
  • Production – Offshore Cambay
  • Petrodril role:
    • Strategy and Advise to Cairn Energy on structure of transaction
    • Negotiations with ONGC
    • Approvals from Government<
    • Finalization of documentation including Asset Sale & Purchase Agreement
    • Documentation and follow up for Assignment of interests under the respective PSC’s