अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
Home » IANS » Cairn Oil & Gas appoints Ajay Dixit its new CEO

Cairn Oil & Gas appoints Ajay Dixit its new CEO

By IANS
Published on :

New Delhi, April 17 (IANS) Cairn Oil & Gas, a vertical of Vedanta Ltd, has appointed Ajay Dixit as its new Chief Executive Officer (CEO), said the company on Wenesday.

Dixit joined Vedanta in 2015 and now succeeds Sudhir Mathur as the CEO. Mathur held the office for seven years.

“His (Dixit) leadership will support Cairn’s vision to realise the full potential of Barmer block, grow the offshore business, appraisal of new blocks under OALP-I and DSF-II and in continuing to steer a strong and high growth organisation,” a statement by Cairn said.

Cairn produces approximately 200,000 barrels of oil equivalent per day, which is about 25 per cent of India’s crude production and has a vision to take up its contribution to 50 per cent, it said.

The company has planned investments worth $3.5 billion over the next 3-4 years which will significantly ramp up its production.

–IANS

rrb-sn/nir

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Latests Posts