Search results for: Cairn

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A list of search results

  • 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 […]

  • 22 February 2016

    Cairn’s wholly owned subsidiary, Nautical Petroleum Limited, has acquired additional 4.5% interest in the Kraken development in the UK North Sea from First Oil bringing Cairn’s total working interest to 29.5%. Cairn and EnQuest, the operator of the Kraken development, are both taking up First Oil’s interests pro-rata to their holdings prior to the transaction. EnQuest’s […]

  • 4 January 2011
    Business & Finance

    Cairn has secured two state of the art dynamically positioned drilling vessels for its 2011 dual rig exploration programme offshore Greenland. The “Leiv Eiriksson”, a fifth generation semi-submersible drilling rig and the “Ocean Rig Corcovado”, a sixth generation drillship, have been contracted to operate in the 2011 drilling season on Cairn’s offshore Greenland exploration programme. […]

  • 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 […]

  • 16 June 2011
    Business & Finance

      Cairn announces a number of changes to the composition of its board of Directors all of which will be effective from 1 July 2011. The Non-Executive Chairman, Norman Murray, will stand down from the board, as will Malcolm Thoms, Chief Operating Officer and Philip Tracy, Group Engineering and Operations Director. Sir Bill Gammell will […]

  • 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 May 2012
    Business & Finance

    Cairn, an Edinburgh-based private exploration and production company, has today completed the acquisition of Agora Oil & Gas AS (“Agora”) for a total consideration of approximately USD 453 million. Agora which is now a part of Cairn Group companies, is a Norwegian firm with non-operated exploration, appraisal and development assets in the UK and Norwegian […]

  • 12 March 2019
    Exploration & Production

    UK-based oil and gas company Cairn Energy will drill three wells in Mexican waters this year, two as operator and one as a partner.   

  • 8 January 2013
    Business & Finance

    The Cairns Cruise Liner Terminal will welcome the Cruise Ship Costa neoRomantica on Sunday 13 January 2013. Costa neoRomantica with approximately 1,400 passengers and crew on board is scheduled to dock in the Port of Cairns at 0800 and depart late on Sunday around midnight. This will be the 1st cruise ship to visit the […]

  • 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.

  • 12 March 2019
    Infrastructure

    There’s no change in Kraken field’s 2P reserves, EnQuest, the operator of the North Sea oil field said following a partner’s report downgrading the reserve estimates.

  • 15 November 2018
    Exploration & Production

    Cairn Energy has failed to find commercial hydrocarbons in its Ekland well in the UK North Sea and has decided to farm out its Chimera prospect, also located in the UK North Sea. 

  • 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 […]

  • 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.

  • 25 September 2014
    Business & Finance, Operations & Maintenance

    Cairn has entered into a farm out agreement for the sale of a 10% interest in the Catcher development and adjacent acreage in the UK North Sea. With effect from 1 January 2014 Dyas UK Limited (Dyas) shall acquire 10% in each of the following UK Continental Shelf licences P1430, P2040, P2070, P2077 and P2086 […]

  • 20 December 2013

    Cairn Energy has informed that is FD-1 wildcat exploration well offshore Morocco will be plugged and abandoned. The FD-1 exploration well is located in 1,500 metres (m) of water approximately 120km offshore Morocco in the Foum Draa block (Cairn 50% Working Interest (WI) and Operator). The primary target of the well was a Late Jurassic/Early […]

  • 7 May 2013

    Cairn Energy PLC  has announced a farm-in as Operator to two licences offshore West of Ireland in the Porcupine Basin, which contains the undeveloped Spanish Point gas condensate and Burren oil discoveries, and six adjacent licensing option blocks. The acreage covers an area of 2,753km2 with more than 500km2 of 3D seismic and will provide […]

  • 1 August 2013
    Business & Finance, Operations & Maintenance

    Cairn announced that it has entered into a farm down agreement with ConocoPhillips for three contiguous blocks located offshore Senegal, West Africa. Under the terms of the agreement, which is subject to Government of Senegal approval, ConocoPhillips will acquire a 25% working interest from Cairn in the three contiguous blocks – Rufisque, Sangomar and Sangomar […]

  • 1 August 2013
    Business & Finance

    Cairn announces that it has entered into a farm down agreement with ConocoPhillips for three contiguous blocks located offshore Senegal, West Africa. Under the terms of the agreement, which is subject to Government of Senegal approval, ConocoPhillips will acquire a 25% working interest from Cairn in the three contiguous blocks – Rufisque, Sangomar and Sangomar […]

  • 21 January 2015

    Cairn, an Edinburgh, Scotland-based independent oil company has completed the farm out agreement to Dyas UK Limited for the sale of a 10% interest in the Catcher development and adjacent acreage in the UK North Sea for a carry of Cairn’s exploration and development costs up to a cap of $182 million. The Premier Oil-operated […]

  • 13 April 2015
    Project & Tenders

    Cairn Energy is looking to develop its offshore oil discoveries in Senegal using a standalone Floating Production Storage and Offloading vessel, popularly known as FPSO. The FAN-1 and SNE-1 oil discoveries were announced in October and November 2014, respectively. Those were the first exploration wells drilled in Senegal’s deep waters in almost three decades. According to FAR […]

  • 28 May 2014
    Business & Finance, Equipment, Project & Tenders

    Aquaterra Energy’s structured collaborative approach to delivering riser analysis support for its clients has resulted in a long-term relationship between the offshore engineering solutions specialist and Cairn Energy PLC, with Aquaterra Energy, now ‘partner of choice’ for Cairn’s riser analysis projects. Riser analysis work completed by Aquaterra Energy’s team during 2013 across six major offshore […]