Cairn Energy News

 

Cairn founder to retire

Mar 03, 2014

Sir Bill Gammell, the founder and now non-executive chairman of Edinburgh-based exploration firm Cairn Energy, has announced he is to retire on May 15, at the company's AGM. Sir Bill founded Cairn and was appointed to the board as chief executive on its initial listing in 1988…

Cairn plans 9 2014 wells

Jan 21, 2014

Cairn Energy has outlined a nine-well exploration program for 2014, with a strong focus on the Atlantic margin. Four of the five Atlantic margin wells will be operated by Cairn, including the JM-I exploration well, in the Juby Maritime III block…

Cairn signs Cap Boujdour farm-out

Oct 28, 2013

Cairn Energy PLC entered into a farm-in agreement with Kosmos Energy and the Moroccan National Oil Company (ONHYM) for a 20% working interest (WI) in an exploration block offshore North West Africa that covers the Cap Boujdour Contract Area…

Cairn takes Mauritania stake

Aug 08, 2013

Cairn Energy has agreed a farm in deal with a subsidiary of Chariot Oil & Gas, giving it a 35% non-operated stake in an exploration block offshore Mauritania, West Africa.   The block (C19) is operated by Chariot Oil & Gas Investments (Mauritania)…

Conoco adds Senegal stake

Aug 01, 2013

US operator ConocoPhillips has agreed to acquire a 35% stake in three contiguous blocks offshore Senegal, West Africa, through two deals announced today. ConocoPhillips is to acquire a 25% interest in the three blocks from Scotland-based…

Cairn to appraise Spanish Point discovery

Jul 25, 2013

Cairn Energy will to drill an appraisal well on its Spanish Point discovery off western Ireland using the semi Blackford Dolphin in 2Q 2014. Spanish Point is a gas and condensate field in license FEL 2/04 developed by Phillips in 1981. It…

MOG adds to offshore Malta stakes

Jul 24, 2013

Mediterranean Oil & Gas has increased its holdings offshore Malta after acquiring a 40% working interest in the Area 3 Exploration Study Agreement (ESA). The agreement covers blocks Blocks 1, 2 and 3 and is in partnership with Cairn Energy subsidiary Capricorn Malta…

Cairn to drill on Spanish Point

Jul 09, 2013

Cairn Energy is to drill an appraisal well on the Spanish Point discovery offshore Ireland using the Blackford Dolphin semisubmersible drilling rig. Spanish Point, in license FEL 2/04, is a gas and condensate field, made by Phillips in 1981…

Cairn signs up partner for Malta

Jun 03, 2013

Mediterranean Oil & Gas (MOG) has agreed to join Cairn Energy in its offshore Malta exploration efforts.  MOG will, subject to regulatory approval, take a 40% stake in Cairn subsidiary Transunion Petroleum in offshore areas Malta Area 3 - Blocks 1…

Noble bags Mariner drilling

May 14, 2013

Drilling firm Noble Corp. has been awarded a four-year drilling contract for work on the UK North Sea Mariner project using a new Cat J jack-up with Norway's Statoil. The contract is worth $655 million and includes a one two-year option…

Cairn explores off Malta

Apr 10, 2013

D.The government of Malta awarded blocks 1, 2, and 3 of Area 3 to Capricorn Malta, a subsidiary of Edinburgh-based Cairn Energy. The blocks are north of Malta and total 6400 sq km. Capricorn Malta will reprocess existing 2D seismic data…

Skarfjell resource estimates increase

Apr 09, 2013

The Skarfjell oil discovery offshore Norway could become a new hub development, one of the partners in the project has said following succsesful appraisal drilling.Cairn Energy, which holds 20% in Skarfjell, said it had increased its resource…

Cairn enters Senegal

Mar 21, 2013

Cairn Energy PLC announce it will farm-in as operator of three blocks offshore Senegal in West Africa. This transaction will add a number of drillable prospects to the frontier exploration inventory and drilling program in the next 18 months…

Steve Watson heads up EnerMech’s first office in India

Aug 17, 2012

Steve Watson is heading up EnerMech’s first office in India (see ‘Firms’) and will also serve as Mumbai-based country manager. He previously worked for Halliburton and managed pipeline and process projects in India for ONGC, Cairn Energy, Aker and Helix Energy Solutions.

Greenland drilling ends for 2010

Oct 26, 2010

Cairn Energy has wrapped up its 2010 exploration drilling campaign offshore Greenland and released both the Stena Forth and Stena Don rigs, the company said 26 October 2010.Cairn suspended the Alpha-1S1 exploration well to allow possible re-entry to sidetrack or deepen the well at a later date…

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