Cairn Energy reports nearly £400m half-year losses
Oil and gas exploration firm Cairn Energy has reported nearly £400 million in half-year losses.
Cairn Energy
Cairn Energy’s North Sea Ekland well due to spud
Scottish oil firm Cairn Energy announced today that its North Sea Ekland well is due to spud next week as it looks to put the Ensco 101 rig in position.
Final Cairn, India arbitration hearing set for next month
Scottish oil firm Cairn Energy said today that the final hearings will start next month in its arbitration with India under a bilateral investment treaty.
Cairn farms into North Sea licence, rig booked for Agar appraisal
Scottish oil firm Cairn Energy said today that it had struck a deal with Azinor Catalyst to farm into North Sea assets.
NHV wins North Sea deal with Cairn Energy subsidiary
Helicopter operator NHV has won a contract with a Cairn Energy subsidiary to transport workers to the North Sea Ekland Field.
Cairn to spearhead more North Sea exploration, content with Kraken, Catcher stakes
Scottish oil firm Cairn Energy said yesterday that it would get to work on its first operated exploration well in UK waters later this year.
Cairn Energy targets first operated UK exploration well
Scottish oil firm Cairn Energy said today that it would get to work on its first operated exploration well in UK waters later this year.
Cairn Energy nets $20m from first North Sea Kraken offload, in strong position
Cairn Energy today said it was in a strong position thanks to two North Sea start-ups.
Europa celebrates busy year, expects ‘more of the same’ in 2017/18
Europa Oil and Gas narrowed its losses during a 2016/17 financial year marked by “record levels” of corporate activity at the AIM-listed company.
Cairn Energy profits rise as company reaps Kraken rewards
Scottish oil firm Cairn Energy said production start-up from the North Sea Kraken field had steered the firm to a strong first half.
Cairn Energy’s Senegal well strikes oil pay
Cairn Energy this morning confirmed its latest Senegal well has made an oil find.
Cairn swoops for stakes in two Gulf of Mexico licences
Scottish oil company Cairn Energy has secured interests in two licences in the Gulf of Mexico.
Cairn Energy confident of securing Indian dividend payments
Cairn Energy said today that it is confident of forcing through dividend payments totalling $104million it claims to be owed by Vedanta Limited.
Partner dispute threatens to delay first oil from Cairn’s Senegal project
A row between two Australian energy firms could delay production start-up from a major oil development involving Cairn Energy off Senegal.
Cairn shares surge on Senegal well “connectivity”
Cairn Energy shares rose after revealing an appraisal well offshore Senegal confirmed “good connectivity” to another site drilled by the firm. The Edinburgh-based exploration and production firm said the results meant it was now on track to submit a development plan for the field to the Senegal government next year.
Cairn Energy’s Senegal push pays off
Cairn Energy today confirmed it has completed its ninth successful well in Senegal in three years.
Ireland sanctions Europa farm-out to Cairn Energy
The Irish Government has sanctioned Europa Oil and Gas’s farm out of a 70% stake in an offshore licence to Edinburgh-based Cairn Energy.
Cairn Energy uncovers another piece in Senegal puzzle
Cairn Energy has successfully drilled the sixth appraisal well offshore Senegal.
Cairn Energy’s Senegal well falls in line
Cairn Energy's Senegal appraisal well has lived up to expectations, according to the firm.
Cairn Energy names new director of exploration
Cairn Energy today named Eric Hathon has its director of exploration.
Cairn Energy says it has the cash to see North Sea projects through to first production
Cairn Energy today said it was fully funded and targeting first production from two flagship North Sea assets.
Cairn Energy confirms director appointment
Cairn Energy today confirmed Nicoletta Giadrossi would be joining its board as a non-executive director.
Former fund manager pleads guilty to insider trading over Cairn Energy, EnCore Oil shares
A former fund manager has pleaded guilty to two counts of insider trading at a London court.
Analysis: Climate change risk reporting rules leave energy firms open to greater scrutiny
Carbon intensive companies should expect to face greater scrutiny over governance and climate change risks as a result of recent changes to corporate reporting. In the latest step in a campaign by environmental law charity ClientEarth, energy companies Cairn Energy Plc (Cairn) and SOCO International Plc (SOCO) have been referred to the Financial Reporting Council (FRC) for alleged breaches of reporting obligations under Section 414C of the Companies Act 2006. The claim made is that both companies failed to make adequate disclosures in their Strategic Reports 2015 about the risks posed to their businesses by climate change.
Green lawyers report Cairn Energy to UK financial watchdog
An environmental law firm has reported Cairn Energy to the UK financial regulator, accusing the Edinburgh-based firm of “defective” reporting.