Search results for: Cairn Energy

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  • 7 May 2020
    Business & Finance, Business developments & projects

    Chairman of oil and gas company Cairn Energy has indicated that he will retire from the board of directors.

  • 27 March 2020
    Business & Finance, Business developments & projects, Market outlooks, Outlook & strategy, Project & Tenders

    Cairn Energy has made significant reductions and deferrals regarding its 2020 program, representing an overall 23 percent reduction in capital expenditure for the year.

  • 27 March 2020
    Business & Finance

    Cairn Energy has made significant reductions and deferrals regarding its 2020 program, representing an overall 23 percent reduction in capital expenditure for the year.

  • 23 February 2017
    Business & Finance

    Independent oil and gas company Cairn Energy has appointed Eric Hathon as the company’s new Director of Exploration. Cairn said on Thursday that Hathon, who has more than 25 years of experience in the international oil and gas industry, would join the company from Marathon Oil. While at Marathon, he was the Director of Conventional […]

  • 10 January 2017
    Business & Finance

    Oil and gas company Cairn Energy has appointed Nicoletta Giadrossi as an independent non-executive director effective from January 10, 2017. Cairn said on Tuesday that Giadrossi would also become a member of the company’s remuneration committee. She holds a BA in Mathematics & Economics from Yale University and an MBA from Harvard Business School. Her […]

  • 4 November 2010
    Business & Finance

    Cairn Energy PLC (“Cairn”) announces that its wholly-owned subsidiary Capricorn Energy Limited (“Capricorn”) has today entered into a conditional sale and purchase agreement (“SPA”) with Santos International Holdings Pty Limited (“Santos”). Pursuant to the SPA, Santos will acquire the entire issued share capital of Cairn Energy Sangu Field Limited (“CESFL”), which holds a 37.50 per […]

  • 9 March 2016
    Project & Tenders

    Cairn Energy, an oil and gas exploration and development company, has announced the testing of the SNE-3 appraisal well offshore Senegal, that will now be plugged and abandoned.  Cairn re-entered the SNE-3 well on the SNE oil field, 100km offshore Senegal, in January and the well was drilled with the Ocean Rig Athena drillship. According to the oil […]

  • 3 March 2014
    Business & Finance

    Cairn announced that Sir Bill Gammell will retire as non-executive Chairman of the Company with effect from the conclusion of the Company’s AGM on 15 May 2014. As part of the Company’s long term succession planning he will be succeeded by Ian Tyler, who is currently a non-executive director of the Company. “The Board, led […]

  • 8 March 2017
    Project & Tenders

    Oil company Cairn Energy has unveiled its timetable for the development of the SNE oilfield offshore Senegal, which includes development concept selection in 2017 and first oil between 2021 and 2023.  Cairn and its JV partners submitted a three-year evaluation work plan to the Government of Senegal in 2015. As part of this plan, the company currently […]

  • 18 August 2015
    Project & Tenders

    Cairn Energy, an oil and gas exploration and development company, has informed that the Government of Senegal has approved a three-well drilling plan offshore Senegal submitted by Cairn and its JV partners in the second quarter of 2015. Cairn (Operator) has a 40% WI in the three blocks offshore Senegal (Sangomar Deep, Sangomar Offshore, Rufisque Offshore) and is […]

  • 17 October 2013
    Business & Finance

    Cairn Energy PLC is today issuing its Interim Management Statement in accordance with the reporting requirements of the EU Transparency Directive. Simon Thomson, Chief Executive, Cairn Energy PLC said: “Cairn has built a strategic position along the frontier basins of the Atlantic Margin, including Morocco, Senegal, Ireland, Mauritania and Greenland and is about to commence […]

  • 16 August 2016
    Exploration & Production, Project & Tenders

    Independent oil and gas company Cairn Energy is planning to start a further exploration and appraisal campaign offshore Senegal in the fourth quarter of 2016 or in the first quarter of 2017.  Cairn, as the operator, has a 40% WI in the three blocks offshore Senegal (Sangomar Deep, Sangomar Offshore, Rufisque Offshore) and is working with partners: ConocoPhillips (35% […]

  • 23 January 2018
    Project & Tenders

    Cairn Energy is targeting development approval for the SNE field by the end of 2018.

  • 22 January 2019

    Cairn Energy plans to drill a total of four exploration wells across a variety of play types in the UK and Norway during 2019.

  • 21 November 2017

    UK oil major BP is reportedly in talks with Cairn Energy to buy part of its stake in assets offshore Senegal. 

  • 25 May 2010

    Cairn Energy and partner Santos have completed a 200-sq km (77-sq mi) 3D seismic survey over the Magnam discovery in the Bay of Bengal offshore Bangladesh. They have also acquired a second 3D survey of around 100 sq km (38.6 sq mi) over part of the Sangu gas field and the South Sangu discovery. Both […]

  • 6 April 2017
    Exploration & Production, Project & Tenders

    Oil and gas company Cairn Energy has failed to unearth commercial quantities of oil from its exploration target at the VR-1 well offshore Senegal. To remind, Cairn had achieved the primary objective at the VR-1 well in March, which was to appraise the nearby SNE oil discovery. During the appraisal drilling in March, Cairn struck […]

  • 13 March 2019
    Exploration & Production

    Cairn Energy has said it has hired the Stena Don semi-submersible drilling rig for the Chimera exploration well offshore the UK.

  • 26 April 2017
    Exploration & Production, Project & Tenders

    Cairn Energy is set to spud an exploration well at the FAN prospect offshore Senegal. The well is the first pure exploration well to be drilled there since the discovery wells of FAN-1 and SNE-1 in 2014 after a series of SNE appraisal wells. According to Far Ltd, a partner in the Senegal joint venture with Cairn, […]

  • 17 March 2014
    Business & Finance, Project & Tenders

    Cairn Energy Plc has plugged and abandoned its JM-1 well, off the coast of Morocco. The company said that the well, which was spudded in January, drilled to evaluate Upper Jurassic and Middle Jurassic objectives, reached a total depth of 3,711m TVDSS and has been plugged and abandoned without testing.  Cairn operates the well with 37.5% […]

  • 10 July 2019
    Exploration & Production

    Cairn Energy’s Lynghaug well in the Norwegian Sea has come up dry.

  • 5 June 2015

    Cairn Energy, an oil and gas exploration and development company, is withdrawing from four exploration permits in the Gulf of Valencia, on the east coast of Spain.  The company will relinquish the permits ‘Benifaió’, ‘Gandia’, ‘Altamar 1’ y ‘Altamar 2’. The company has held the licences since 2011 and applied for permission to shoot seismic campaign to allow […]