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In a recent briefing, Vedanta Chairman Anil Agarwal said that they are seeking consortia of US oilfield service companies to aid the development of 41 blocks in India. Accompanied by Cairn Chief Executive, Mr Agarwal met with executives from 70 services companies in Houston this week. The meeting aimed at encouraging the firms to establish a consortium to compete for contracts. Cairn won 41 of the 55 blocks auctioned in OALP.
