Nick Walker has been announced as the Chief Executive Officer of Cairn Oil & Gas, A unit of Vedanta Ltd. The appointment is effective from 5th January 2023. Nick Walker has previously served as the President and CEO at Lundin Energy, a large European independent E&P company. He has also worked with BP, Talisman Energy, and Africa Oil and has an international experience of 30 years in technical, commercial, and executive leadership roles.
Vedanta’s Cairn Oil & Gas Appointed Nick Walker as Chief Executive Officer- Key Points
- Nick Walker will lead all the aspects of Cairn’s strategy including the development of strategic alliances with global partners to fast-track business delivery.
- He will also drive the adoption and deployment of best-in-class oil and gas technologies and processes with a focus on innovation and digitalization.
- Cairn Oil and Gas is committed to increasing India’s domestic crude oil and gas production with a vision to contribute 50% of India’s production and add reserves and resources.
- India is seeking to achieve energy self-sufficiency through a marked reduction in oil imports which currently account for 85% of national consumption.
About Cairn Oil & Gas
Cairn Oil & Gas is the largest private crude oil producer in India. It has been operating for over 2 decades and is well-positioned to reduce the country’s energy import burden. Cairn has been playing an active role in developing India’s oil and gas resources. With a portfolio of 6 blocks, of which 5 blocks are in India and one in South Africa, Cairn has made over 50 hydrocarbon discoveries in the last decade and operates the largest producing oil field in the Indian private sector.