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NEWS |
Deltic Energy sees significant step towards well drilling with Cairn
Deltic Energy PLC said that its exploration venture partnered with Cairn Energy has completed a 3D seismic survey over Licence P2428 and surrounding areas.
NEWS |
Deltic Energy completes farm out of Southern North Sea gas licences to Cairn Energy
Deltic Energy has announced completion of the farm-out agreement of five of its gas licences in the Southern North Sea with Cairn Energy through Cairn's wholly-owned subsidiary, Nautical Petroleum Lim (...)
NEWS |
Cairn concludes sale of interest in two UK fields for $455 million
Oil and gas company Cairn Energy has completed the sale of its interests in the Catcher and Kraken fields located off the UK for $455 million.
NEWS |
Cairn Energy plans to change its name
London-listed oil and gas company Cairn Energy has revealed plans to change its company name effective from 13 December 2021, reflecting the continuity and evolution of the company.
NEWS |
Cairn completes Egypt deal | AMTE Power hires CFO
Cairn Energy, together with its consortium partner Cheiron Petroleum Corporation, has completed the $323m acquisition of a portfolio of upstream oil and gas production, development and exploration int (...)
NEWS |
Valaris nets contracts with TAQA, Cairn Energy, Carnarvon Petroleum
Valaris announced that it has been awarded a contract with TAQA offshore the Netherlands for VALARIS JU-123, a heavy-duty harsh-environment jackup. The contract is expected to commence in Q4 2021 with (...)
NEWS |
Edinburgh-based Cairn agrees compromise to end India tax saga
Cairn Energy plans to return $700 million (£500m) to investors as it moves to end a long-running tax dispute in India at what looks like a high price.
NEWS |
Deltic Energy signs deal with Cairn to farm out North Sea gas assets
Deltic Energy PLC on Thursday said it has farmed out five gas licences to Cairn Energy PLC.
NEWS |
Cairn Energy gets right to seize Indian assets in tax row
UK oil firm Cairn Energy has gained the right to seize Indian state assets in France worth more than €20m (£17m) as part of a long-running tax row.
NEWS |
Cairn identifies $70 billion of Indian assets for seizure to recover dues
UK's Cairn Energy has identified $70 billion of Indian assets overseas for potential seizure to collect $1.72 billion due from the government.
NEWS |
Cairn Energy sale of stake in North Sea fields to Waldorf on track to complete in H2
Oil company Cairn Energy said it continued to expect to complete the sale of its UK Catcher and Kraken fields to Waldorf Production in the second half of the year.
NEWS |
Cairn Energy offers to invest in India to settle tax battle
Cairn Energy has offered to settle its dispute with the Indian government over a $1.2 billion tax payment by investing in the country if the government agrees to comply with the decision of a tribunal (...)
NEWS |
Edinburgh oil and gas firm eyes bumper field off Israel
Cairn Energy may be set to buy a stake in a gas field off Israel in a deal that would be worth more than $1bn (£0.85bn).
NEWS |
Cairn Energy confirms India to appeal ruling in $1.2bn tax case
India has appealed against an order by an international tribunal to pay $1.2bn damages to Cairn Energy in a long-running tax dispute, the company said on Tuesday.
NEWS |
Cairn sells UK oilfields for $460 million, buys Egyptian assets for $646 million
Cairn Energy has agreed to sell its interests in the UK Catcher and Kraken oil fields to Waldorf Production for $460m, plus additional considerations dependent on oil prices to the end of 2025.
NEWS |
UK's Cairn Energy has option to seize Indian assets
UK upstream firm Cairn Energy has an option to seize India's overseas assets in case Delhi refuses to honour a $1.2bn international arbitration case won by Cairn.
NEWS |
OGV Energy weekly oil and gas review
It might have been the week before Christmas, but there was still a steady flow of news from the oil sector, both good and bad...
NEWS |
Scots oil firm to pay $250m to investors as crude price hits nine month high
Cairn Energy has confirmed plans to pay out around $250m to investors as crude prices hit the highest levels since the start of the coronavirus pandemic.
NEWS |
Cairn Energy to pay out special $250m dividend after Senegal sale
Oil firm Cairn Energy today said it would pay shareholders a special dividend worth a combined $250m (£188m) on completion of the sale of its Senegalese assets.
NEWS |
Cairn Energy promotes non-executive director to chairman
Cairn Energy PLC has promoted Nicoletta Giadrossi to replace Ian Tyler as chairman of the company with effect on January 1, 2021.
NEWS |
Cairn Energy finds positive result at SNE-2 appraisal well offshore Senegal
Cairn Energy has completed successful testing of the SNE-2 appraisal well and achieved positive results in offshore Senegal.
NEWS |
Cairn Energy plunges to $324m loss after hefty one-off charge
Oil explorer Cairn Energy today booked a $324m (£251.8m) loss for the first half after it was hit by a hefty impairment charge related to its assets in Senegal.
NEWS |
Cairn Energy confirms sale of Senegal assets to Woodside
Cairn Energy on Monday confirmed that it had agreed to sell its entire stake in offshore oil blocks in Senegal to Woodside.
NEWS |
$400m Senegal deal puts Edinburgh oil firm in strong position
Cairn Energy is set to capitalise on opportunities created by the slump in oil and gas prices after agreeing to sell its stake in a giant find it made off Senegal which could be worth up to $400 milli (...)
NEWS |
Cairn Energy exits Senegal oil field project via US$400mln LUKOIL deal
Cairn Energy PLC has agreed to sell its offshore Senegal assets to LUKOIL for US$400mln in cash.
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