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Vedanta Group's Cairn Oil & Gas seeks global partners for $5 bn expansion, invites bids for Gujarat gas output

Cairn Oil & Gas, part of Vedanta Group, has invited global partners to participate in multiple projects under its $5 billion investment plan for the next 23 years. The company, which holds interests in 55 blocks, is seeking international rig partners to provide and operate advanced rigs for 12 drilling sites, and is looking for specialists in recovery-enhancement technologiesincluding EOR methods like ASPto boost brownfield production.