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Cairn Energy

Cairn Energy
Company nameCairn Energy plc
Company typePublic limited company
IndustryOil and gas exploration
Founded1981
HeadquartersEdinburgh, United Kingdom
Key peopleNorman Murray, Chairman
Sir Bill Gammell, CEO
ProductsOil and gas
Revenue$1,601.3 million (2010)
Operating income$790.1 million (2010)
Net income$1,083.2 million (2010)

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Cairn Energy plc (Lse - CNE, BSE - 532792) is a global oil and gas exploration company headquartered in Edinburgh, United Kingdom. It has operational interests in Albania, Bangladesh, Greenland, India, Nepal and Tunisia and produces around 33,000 barrels of oil equivalent per day. Its largest activities are in India, where it has made more than 20 discoveries in Rajasthan, including a major oil discovery in Mangala. As at 30 June 2010 it had total proven commercial reserves of 247.4 million barrels of oil equivalent.

Its primary listing is on the London Stock Exchange and it is a constituent of the FTSE 100 Index. It has a secondary listing on the Bombay Stock Exchange.

Cairn Energy Video

greenpeace.org - Greenpeace activists scale the underside of the 53000 tonne Leiv Eiriksson oil rig and secure an Arctic survival pod hanging 30 meters above freezing seas with enough food and water to stay put for ten days. Their action will prevent the rig starting dangerous deep water drilling 100 miles west of the Greenland coast. The rig is due to begin deep water oil exploration for wildcat oil company Cairn Energy, which is leading the new Arctic oil rush.
1.30 min. | 2.82 user rating
Activists from the Greenpeace ship Esperanza evaded a massive security operation and scaled Cairn Energy's controversial rig off Greenland. We've stopped their drilling. After dodging Danish Navy commandos in our inflatable speedboats, our activists climbed up the inside of the rig and are now hanging from tents suspended from ropes. We'll get more news to you as soon as we have it, but for live updates go to www.gobeyondoil.org
1.10 min. | 4.12 user rating
The Greenpeace ship Esperanza is in the Arctic to challenge Cairn Energy, a UK company searching for oil in the fragile yet hostile environment near Greenland. Since they arrived near the Stena Don, Cairn's rig, the crew have been observing drilling operations and the 'iceberg management' required to avoid collisions with giant floating lumps of ice.
0.83 min. | 4.0 user rating
Climate Camp activists cause 'oil' spill outside Cairn Energy An 'oil' spill was caused outside the offices of Cairn Energy in central Edinburgh this morning. Activists targeted the Scottish energy company because it used public money from RBS to help it start drilling for oil off the coast of Greenland last month. The activists who met at the Climate Camp carried a two metre long pig(gy bank) branded with the RBS logo filled with 60 litres of an oil like substance towards Cairn Energy's offices. Triggered by a golden coin representing the public money used to bail out the bank, the RBS 'piggy bank' unleashed its contents, believed to be molasses, covering the entrances and the street. Activists also sprayed 'oil' on the outside of the building with fire extinguishers. It was revealed yesterday that Cairn Energy received ï¿¡117 million of loans and equity last year from RBS, almost half of which directly enabled the drilling off the Greenland coast to start. This drilling is particularly controversial because (a spill in the area would be almost impossible to clean up due to the thick ice) the area hasn't been exploited for oil before and has only been made possible as climate change has caused icebergs in this region to melt. The BP Deep Water oil spill has clearly shown the dangers of offshore drilling and it's argued that Cairn don't have the experience to deal with accidents in the previously pristine and extremely environmentally sensitive Arctic. Alex Wilson, one of <b>...</b>
3.37 min. | 3.28 user rating
The Greenpeace ship Esperanza is off the coast of Greenland, ready to challenge the oil industry's reckless pursuit of the black stuff in increasingly remote and risky locations. Cairn Energy - a UK company - is one such company drilling in the Arctic. Why risk a spill in this fragile environment when we have clean energy alternatives right now? www.gobeyondoil.org
1.60 min. | 4.44 user rating
Watch a 5 minute tour of the Greenpeace ship The Esperanza as it heads to the Arctic to confront Cairn Energy who are engaged in reckless deep drilling for oil. Meet the crew and see what life is like on board.
5.90 min. | 4.61 user rating
www.greenpeace.org.ar Kumi Naidoo, director ejecutivo de Greenpeace Internacional, fue arrestado esta mañana por la marina danesa luego de escalar la mayor plataforma petrolera del Ãrtico, Leiv Eiriksson (de la empresa Cairn Energy) para exigir un alto inmediato en las perforaciones en aguas profundas. El ecologista exigió al capitán de la plataforma detener de inmediato la perforación sobre el lecho marino y que la compañía operadora entregue una copia del plan de acción en caso de derrames petroleros en esa región.
2.42 min. | 4.80 user rating
Ãber eine Woche harrte die Esperanza unter den kritischen Blicken der dänischen Kriegsmarine aus -- im Morgengrauen startete die Aktion vor der Westküste Grönlands: Vier Greenpeace-Aktivisten kletterten auf die Bohrinsel "Stena Don" und stoppten die Probebohrungen der britischen Ãlfirma "Cairn Energy" in der ökologisch sensiblen Arktis. Aktivistin Anais berichtet aus der Arktis von der Botschaft, die das Schiff transportiert. 1)Ãber den "CC-Button" die Untertitelanzeige des Videos aktivieren 2) ggf. auf eine neue Version Ihres Webbrowsers wechseln.
2.72 min. | 5.0 user rating
video.news.sky.com As the cleanup continues in the Gulf of Mexico after the BP oil spill, another British company, Cairn Energy, is beginning oil exploration off the coast of Greenland. It has been widely condemned by environmental groups, who have called for a halt to drilling in the arctic. Sky's Katie Stallard is the first British journalist to travel to the region.
3.13 min. | 4.55 user rating
Mensaje emitido por Waldemar Wichmann, capitán argentino del barco de Greenpeace "Esperanza", durante la acción de activistas para detener las labores de perforación de la plataforma Stena Don (propiedad de la empresa petrolera británica Cairn Energy) en la Bahía de Baffin, a unos 190 kilómetros de la costa de Groenlandia. El mensaje estuvo dirigido al buque danés F359 ya todos los buques ubicados en las proximidades de la plataforma. www.greenpeace.org.ar
1.83 min. | 5.0 user rating

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Shares in Cairn Energy tumble on Greenland setback - Herald Scotland Tweet this news
Herald Scotland--Shares in -Cairn Energy- plunged 7% after the company disclosed it had suffered setbacks in its costly hunt for oil and gas off Greenland. ... - Date : Wed, 27 Oct 2010 05:02:55 GMT+00:00
Indian pipeline generates quarterly boost for Cairn Energy - Herald Scotland Tweet this news
Herald Scotland---Cairn Energy- said that its production almost doubled in the third quarter as the company ramped up sales of oil from its giant Mangala field in India. ... - Date : Fri, 29 Oct 2010 10:17:30 GMT+00:00
BP, Shell, Cairn Energy, Tullow Oil and BG Group edge higher after oil prices ... - Proactive Investors UK Tweet this news
Proactive Investors UK---Cairn Energy- (LON:CNE) led the blue chip oil and gas producers with a 2% gain. BP (LON:BP) rose marginally, while fellow supermajor Shell (LON:RDSB) ... - Date : Thu, 04 Nov 2010 14:24:37 GMT+00:00
Cairn Energy sees profits jump in India - BBC News Tweet this news
BBC News--Edinburgh-based -Cairn Energy- has seen net profits from its Indian arm rise six-fold in the first quarter of the fiscal year. Cairn India's net profit rose ... - Date : Tue, 27 Jul 2010 15:22:32 GMT+00:00
Artson Engg wins Rs.250 mn order from Cairn Energy - Commodity Online Tweet this news
Commodity Online--MUMBAI (Commodity Online): Artson Engineering Ltd (BOM:522134) on Monday said it has got an order worth Rs.250 million from -Cairn Energy- India Ptv Ltd. The ... - Date : Mon, 05 Jul 2010 06:47:17 GMT+00:00
India auction of oil, gas blocks fetches $1.1 billion - AFP Tweet this news
AFP--Cairn India, a unit of Britain's -Cairn Energy- Plc, won two blocks. In a bid to spur more interest, the government said it would move to a new Open Acreage ... - Date : Wed, 30 Jun 2010 16:49:25 GMT+00:00
New deep sea drilling happening off Greenland coast - Greenfudge.org (blog) Tweet this news
Greenfudge.org (blog)--Case in point: British oil exploration and extraction firm, -Cairn Energy-, is starting to drill off the coast of Greenland. A piece in the Ecologist points ... - Date : Mon, 28 Jun 2010 18:13:08 GMT+00:00
Cairn Energy completes 360-mile pipeline - BBC News Tweet this news
BBC News---Cairn Energy- has completed the world's longest heated pipeline to pump oil from its Rajasthan field in India. The pipeline took two years and 6000 workers ... - Date : Tue, 15 Jun 2010 15:28:55 GMT+00:00
FTSE 100 holds steady as resource stocks make gains - Financial Times Tweet this news
Financial Times---Cairn Energy- rose 1.9 per cent to 429.6p. Essar -Energy-, which entered the FTSE 100 at its last quarterly reshuffle, was up 2.1 per cent at 460p. ... - Date : Mon, 28 Jun 2010 08:06:53 GMT+00:00
Waning output leads Sangu gasfield to 'closure' - Financial Express Bangladesh Tweet this news
Financial Express Bangladesh--Sangu's operator UK-based -Cairn Energy- earlier said gas production below 20 mmcfd from the field would not be economically viable. Technical glitch has also ... - Date : Sun, 27 Jun 2010 18:18:17 GMT+00:00

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