Latest news with #CairnOil&Gas
Time of India
28-05-2025
- Business
- Time of India
Cairn Oil & Gas Taps Tech and Data to Modernize India's Energy Backbone
Cairn Oil & Gas, India's largest private oil and gas exploration company, is doing something bold: Reimagining oilfields as intelligent ecosystems. In this episode of The Sound of CIO, we're joined by Sandeep Gupta, Chief Digital and Information Officer at Cairn Oil & Gas, Vedanta—a man steering this deep-tech transformation, turning some of India's oldest hydrocarbon reserves into hubs of innovation. But at the heart of this story is something bigger—how a legacy industry is embracing the future to produce more, safer, and cleaner. This is not just about oil. It's about reinventing energy at a time when India needs it most. Advertisement
Yahoo
28-04-2025
- Business
- Yahoo
Cairn, EMGS partner for subsurface mapping in India's KG Basin
Cairn Oil & Gas has partnered with Electromagnetic Geoservices (EMGS) to perform a 3D Controlled Source Electro-magnetic (CSEM) survey in the deep-water Krishna-Godavari (KG) Basin off India's east coast. CSEM is a geophysical approach used for subsurface models that improves the accuracy of hydrocarbon detection and reduces exploration risks. The survey, currently under way at the KGDWHP-2017/1 block using the Atlantic Guardian vessel, utilises EMGS' Deep Blue source system. Over the coming weeks, data acquisition will continue, with subsequent processing set to deliver more precise insights into the deep-water block's potential. By integrating the new CSEM data with recently reprocessed 3D seismic data, Cairn aims to better characterise and prioritise its offshore exploration prospects within the block. Cairn Oil & Gas chief exploration officer Sam Algar said: 'The acquired data will support definition of locations for exploration, appraisal and subsequent development, ensuring drilling decisions are based on the most accurate and comprehensive subsurface data. 'By leveraging the global expertise from EMGS and the latest advancements in CSEM technology, the KGDWHP-2017/1 block is poised for successful exploration and development, unlocking its hydrocarbon potential.' Cairn's KG basin assets span more than 4,500km² in water depths of between 500m and 2,500m. Drilling is due to commence in 2026 across a 3,600km² area that includes four gas discoveries and numerous prospects with multi-trillion cubic feet potential. Cairn Oil & Gas chief financial officer Hitesh Vaid said: 'Cairn has been at the forefront of technology adoption for efficient exploration and production in India's upstream sector. Through our partnership with EMGS, we will fast track development of the deep-water block in line with our vision to contribute 50% of India's oil and gas production.' Recently, Cairn formed an alliance with TechnipFMC to leverage the latter's engineering, procurement, construction and installation model to fast-track the development of subsea infrastructure for deep-water projects in India. "Cairn, EMGS partner for subsurface mapping in India's KG Basin" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Time of India
21-04-2025
- Business
- Time of India
Energy sector taps AI to address intermittency, streamline operations and manage rising demand
New Delhi: As India accelerates its shift towards clean and intelligent energy systems, Artificial Intelligence (AI) is emerging as a defining force across the energy value chain. From grid automation and predictive maintenance in renewables to operational efficiency in oil and gas, energy companies are integrating AI to reshape how power is generated, distributed, and consumed. Sanjay Gupta, CEO, Apollo Green Energy Limited, said, 'AI is fast becoming the brain of the modern energy system, it's can strategically & radically alter the way we generate, manage, and consume power. It enables real-time fault detection, adaptive grid management, and far more accurate forecasting of renewables like solar and wind, which were once traditionally hard to predict. This increases grid stability and helps to reduce curtailment.' Gupta said that AI enables smart meters and home automation systems to lower consumption during peak hours, helping reduce costs and ease grid load. 'By intelligentially coordinating distributed energy resources including rooftop solar, EVs, and battery storage, AI is also addressing one of the biggest challenges facing the renewable energy sector - intermittency. But the deeper opportunity lies ahead,' he said. 'With data centres projected to consume 945 TWh of electricity globally by 2030, AI must also help balance this rise through intelligent storage, dynamic pricing, and decentralised energy orchestration. In India, where grid complexity and renewable growth are accelerating, AI offers a chance to leapfrog legacy challenges and build predictive, self-optimizing systems. This change is cognitive, not just digital. And it could be the most defining transformation in energy this decade,' Gupta added. In the hydrocarbons sector, companies are deploying AI to improve exploration and production processes. Sandeep Gupta , Chief Digital and Information Officer, Cairn Oil & Gas, Vedanta, said, 'The world is rapidly moving into an AI-powered era, and Cairn Oil & Gas is leading its adoption in the Indian hydrocarbon space to streamline operations, enhance production efficiency and ensure safety in exploration and production of oil & gas. We have integrated advanced AI-powered technologies, along with Machine Learning (ML), Industrial Internet of Things (IIoT), Artificial Learning (AL) and Drone-based initiatives to optimise our operational activities across locations.' 'These technologies allow us to monitor real-time data, equipment performance, and reservoir conditions, helping make data-driven decisions, reduce costs and ensure sustainable operations. Adoption of battery-based IIoT sensors provide early detection of equipment degradation, allowing proactive maintenance to prevent costly unplanned shutdowns. Through pilot implementation, sensors were installed on 25 critical assets, leading to savings of ~USD 40,000 in unplanned maintenance costs,' Gupta said. He added that Cairn has deployed IIoT-based steam trap devices across its oil facility in Rajasthan, helping visualise data and automate alerts, leading to greenhouse gas emissions savings of 47 tons of CO2. 'Similarly, through Project Digital Twin, we created a replica of our physical assets resulting in 30 per cent reduction in flaring and minimised environmental impact, in our Rajasthan and Gujarat locations.' 'To foster a safe working environment for employees and business partners, we implemented an AI-based Safety Surveillance Monitoring System with AI cameras at strategic locations, resulting in an 80 per cent reduction of manual efforts, over 7000 observations, and enhanced safety trajectories. Our goal is to integrate technology and digitalisation into other operational spheres for continued and enhanced precision, increased performance, and safety to support our overarching goals for sustainable development while creating long-term value for all stakeholders,' he said. Prashant Mathur, Chief Executive Officer, Saatvik Green Energy Limited, said, 'The application of AI in the energy sector marks a transformational shift — it's no longer just about efficiency, but about building intelligent, adaptive, and resilient infrastructure for the future. As India fast-tracks its clean energy transition, the convergence of technology, scale, and innovation will define industry leadership. Our sector sees AI as a strategic enabler — from energy demand forecasting to supply chain optimization and enhanced module performance. AI empowers renewable companies like ours to meet national sustainability goals faster, smarter, and more reliably.' Simarpreet Singh , Executive Director & CEO, Hartek Group, said, 'At Hartek, we believe that Artificial Intelligence is not just another technological trend, but a vital strategy for the future of the energy sector. As the sector stands at a crossroads, the urgency to adapt and innovate in response to evolving challenges has never been greater. We see AI as a core driver in building intelligent, efficient energy systems.' He added, 'It plays a crucial role in optimizing everything from design to maintenance, especially through predictive technologies that reduce downtime in renewable energy plants. Moreover, AI-powered smart grids can improve energy efficiency by as much as 20%, aligning with the International Energy Agency's findings on cost reduction and emission minimization. Embracing AI is not just about keeping up with the times—it's about creating a smarter, cleaner, and more sustainable energy future for all.' Akshay Hiranandani, CEO, Serentica Renewables , highlighted the role of AI in renewable generation predictability. 'AI has critical applications in the renewable energy sector, particularly in enhancing predictability of weather forecasting. By leveraging AI, we can gain deeper insights from site performance data and forecasting models, allowing for more accurate generation predictions.' 'While we currently utilize different scientific weather forecasting models, each with its own strengths, the integration of AI offers the potential to build even greater accuracy with reduced processing time. It's crucial to remember that AI's effectiveness hinges on the quality of the data it learns from, necessitating careful data input and, importantly, human oversight to ensure reliable and actionable intelligence,' he said. Vijay Karia , Chairman and Managing Director, Ravin Group said, "Artificial Intelligence is driving a paradigm shift across India's renewable energy sector, revolutionizing the design, operation, and optimization of energy systems. By harnessing AI for applications ranging from smart grid management and demand forecasting to predictive maintenance and solar site optimization, the industry is becoming smarter and more adaptive. Sensors embedded in solar panels collect real-time data on variables like temperature, solar radiation, and humidity, which machine learning models analyze to boost efficiency and performance." "At the forefront of this transformation are AI-powered solar tracking systems. These advanced systems equipped with dynamic tilt-and-roll mechanisms outperform traditional fixed-tilt setups by increasing energy generation by up to 35 per cent. AI algorithms process live weather data and solar irradiance levels to adjust panel orientation dynamically, optimizing energy capture even in challenging conditions. During high winds, the trackers tilt to a safe angle to prevent damage, while at sunset, they reposition to allow accumulated dust to slide off; a critical feature in India's dust-prone regions, where debris can slash efficiency. An integrated washer system further enhances panel cleanliness, minimizing maintenance needs while maximizing output," he added. With India's energy landscape becoming increasingly complex and digital, companies are placing AI at the centre of their growth and operational strategies to manage intermittency, enable predictive systems and reduce environmental impact.
