Press Esc to close

WorldOil

World Oil News Center



Cairn India Chief Executive Rahul Dhir to step down

BY RAKESH SHARMA

NEW DELHI--Cairn India Ltd. Wednesday said Chief Executive Rahul Dhir has decided to step down to pursue other business opportunities.

The explorer named Director of Strategy and Business Services P. Elango its interim CEO.

A search for Mr. Dhir' s successor is underway and an announcement is likely to be made soon, the company said.

Mr. Dhir had led Cairn India since its inception in 2006.

His departure comes after U.K.-based explorer Cairn Energy PLC (CNE.LN) sold its majority stake in the operator of India' s largest onland oil block last year to the Vedanta group.

The Vedanta group currently holds 58.85% of the company, while Cairn Energy has a 18.28% stake.

Dow Jones Newswires

08/08/2012

 

Bookmark and Share


WO DATA HUB

EngineeringTablesIcon-Large

Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.

WO SUPPLEMENTS

2013 Fracturing Technology

2013 Fracturing Technology

MEDIA CENTER

By Digital Publisher

Drill Bit Classifier World Oil published its renowned Drill Bit Classifier in September 2013. The Drill Bit Classifier is a comprehensive listing of major manufacturers' d...

ENERGY EVENTS