Cairn India on Monday announced the appointment of former Chevron executive Melody Meyer and ex-CEO of BSG Resources Atul Gupta as executive advisors. "These senior leaders bring on board more than 70 years of combined experience across oil and gas conglomerates such as Chevron, Petrofina and Burren Energy, across geographies as diverse as the Middle East, Central Asia and Alaska.
"They will provide strategic direction and delivery focus to Cairn India, as the company embarks upon its growth journey of contributing to 50 per cent of India's overall crude production, through 5 billion barrels of oil equivalent reserves and growing and sustaining production at 300,000 barrels of oil and oil equivalent per day," the company said in a statement here.
In her last assignment with Chevron, Meyer was President, Asia-Pacific, and was responsible for driving Chevron's E&P activities across nine countries in the region.
On her appointment, Melody says, "This will be my first experience in India, one of the world's most rapidly developing energy markets. I am looking forward to add value to the company's integrated E&P plans and capabilities and contribute to selecting the right partners for smooth project execution that will be key to the company's future growth."
Gupta currently advises private equity firms and sits on the boards of a number of upstream oil and gas companies including Nostrum (Kazakhstan), Seven Energy (Nigeria) and Vetra Energy (Colombia). Earlier, he was Chairman and CEO of oil and gas companies with BSG Resources a natural resource and power company. Prior to that, Atul served as CEO of Burren Energy Plc.
He said ramping up overall crude and natural gas production at reduced costs will be an important step in Cairn. "In both of these aspects, Cairn has a strong legacy of excellence and I am hopeful of furthering the legacy," he added.