Cairn’s plans still on track
Scottish oil explorer Cairn Energy said yesterday a more cautious approach from Greenland’s new government to the award of permits had no impact on preparations for its 2014 drilling programme.
Scottish oil explorer Cairn Energy said yesterday a more cautious approach from Greenland’s new government to the award of permits had no impact on preparations for its 2014 drilling programme.
Scottish oil explorer Cairn Energy said yesterday the UK Government would be asked to approve work at two major North Sea fields before the end of the year.
Scottish oil explorer Cairn Energy said yesterday it planned to drill up to 15 wells in the North Sea before the end of next year.
Scottish oil explorer Melrose Resources, currently the subject of a takeover by Ireland's Petroceltic International, said today it had made "solid progress" in the first half of 2012.
Shell's latest pay report sparked a strong show of protest, with nearly 10% of investor votes rejecting it at the firm's annual meeting.
The boss of Cairn India, in which Scottish oil explorer Cairn Energy retains a minority stake after selling much of the business to Vedanta Resources, has sold over half of his own shareholding for £6.64million.
Scottish oil explorer Cairn Energy said yesterday it was still optimistic of finding oil off Greenland despite its first well this year - part of a £369million campaign - having to be abandoned.
Scottish oil explorer Cairn Energy saw a chunk of its Indian subsidiary change hands yesterday, when diversified mining company Vedanta Resources revealed it had acquired 10.4% of the business.
Scottish oil explorer Cairn Energy said yesterday it planned to start its 2011 Greenland drilling programme in June.
Scottish oil explorer Cairn Energy said yesterday it planned to drill up to four wells offshore Greenland this year.
Scottish company Cairn Energy has been awarded a further three blocks to explore for oil and gas off the coast of Greenland.
Scottish oil explorer Cairn Energy was in pioneering mode again as set its sights fully on Greenland, chief executive Sir Bill Gammell said yesterday.