Cairn Strikes Spanish Point Farm-In Deal
Tuesday, May 07, 2013 Cairn takes 38-percent stake, and assumes operatorship of, Spanish Point, offshore Ireland.
Cairn to Use Cajun Express for Frontier Drilling
Monday, April 15, 2013 Cairn Energy secures Cajun Express rig for drilling offshore Morocco and Senegal.
Wintershall Scores Skarfjell Appraisal Well Success
Wednesday, April 10, 2013 Wintershall reports that its appraisal well 35/9-8 on the Skarfjell discovery in the North Sea has found a 210-foot oil column.
Cairn Continues to Target North Sea Plays
Tuesday, March 19, 2013 Despite a recent shift in focus onto West Africa and the Mediterranean, Cairn still intends to target North Sea exploration opportunities and production.
Cairn Takes Reins Offshore Senegal
Tuesday, March 19, 2013 Cairn Energy announces a farm-in as Operator of three blocks offshore Senegal in West Africa.
JX Nippon Receives Approval for Mariner Field Development Plan
Tuesday, February 19, 2013 The UK's Department of Energy and Climate Change approves JX Nippon's field development plan for the Mariner oil field. The total investment in the field will be in excess of $7 billion.
Cairn Fully Funded for Exploration Campaign
Tuesday, January 22, 2013 Having built a balanced portfolio of assets, Cairn is now fully funded for its exploration and development plans, while observers of the company are looking forward to the start of its Moroccan drilling campaign later this year.
Bridge Farms Down Aragon Interest to Cairn and JX Nippon
Friday, January 04, 2013 Bridge Energy farms down 16.5 percent of Aragon prospect in the UK North Sea to Cairn Energy subsidiary and JX Nippon Exploration & Production.
Two North Sea Well Disappointments for Cairn
Tuesday, November 06, 2012 Both Bardolph and Spaniards East drills fail to find commercial hydrocarbons.
Cairn IMS Shows it 'Continues to Evolve'
Thursday, October 18, 2012 Analysts say that Cairn is on the growth path after a rebalancing of its portfolio.
Chariot Becomes Latest Firm to Bet on Offshore Morocco
Thursday, October 11, 2012 West Africa-focused junior Chariot Oil & Gas acquires 75% interest in two exploration blocks offshore Morocco.
Cairn Energy Sells 8% Stake in Cairn India for $910M
Tuesday, September 25, 2012 Cairn Energy raises $910 million from the sale of its stake in Cairn India. Sale proceeds will be used to develop the company's assets in Northwest Europe.
Valiant Petroleum Puts Itself Up for Sale
Thursday, September 06, 2012 Valiant Petroleum embarks on 'formal sale process' as part of a strategic review.
Morocco Interest Mounts after Cairn Acquisition
Tuesday, August 28, 2012 Cairn acquires 50-percent interest in Foum Draa offshore license just days after Genel Energy buys into 60 percent of Sidi Moussa license.
Cairn Continues to Focus on Portfolio Balancing
Tuesday, August 28, 2012 Cairn Energy's results show a loss as it continues to focus on balancing its portfolio between low-risk exploration and transformational opportunities.
India Holds Back Clearances for 52 O&G Blocks
Thursday, August 23, 2012 India is holding back clearances for more than a fifth of the exploratory blocks it has auctioned in various rounds since 1999 to domestic and overseas energy explorers due to defense, environmental and maritime boundary issues.
Bridge Energy Farms Down Norwegian Licenses to Cairn
Wednesday, June 27, 2012 Cairn Energy, through its Agora Oil & Gas subsidiary, acquired a 15-percent working interest in the PL497 and PL497B licenses on the Norwegian Continental Shelf.
Cairn Bids $645M for Nautical Petroleum
Wednesday, June 13, 2012 Analysts welcome Cairn Energy's cash offer for Nautical, but will there be a counter offer?
Premier Oil Makes North Sea Discovery with Carnaby Well
Wednesday, June 06, 2012 Premier said that initial analysis revealed its well 28/09-5A encountered 51 feet of net oil pay.
North Sea Tybalt Well Disappoints
Monday, May 28, 2012 Cairn and Valiant unable to demonstrate presence of mobile hydrocarbons.