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Tag: cairn
Cairn Energy lays off 40% staff following India tax dispute
2015-02-23 16:11:57| Energy - Topix.net
The company has not been able to sell its 9.8 per cent stake in Cairn India to raise funds for its exploration programme as Income Tax Department has placed restrictions, pending resolution of a tax dispute. "We didn't have access to capital and so had to do voluntary redundancy," a source said, adding 'with this we have completed reorganisation of the company.'
Cairn Energy completes Catcher development farmout
2015-01-23 01:00:00| Offshore Technology
Oil and gas exploration and development firm Cairn Energy has completed a farmout agreement for the sale of the Catcher development and adjacent acreage in the UK North Sea.
Tags: development
energy
completes
catcher
Cairn Energy and partners complete SNE-1 well drilling programme, offshore Senegal
2014-11-20 01:00:00| Offshore Technology
Cairn Energy and its joint venture (JV) partners have completed operations on the SNE-1 well, offshore Senegal.
Tags: complete
partners
energy
programme
Cairn Energy makes second oil discovery, offshore Senegal
2014-11-11 01:00:00| Offshore Technology
UK-based Cairn Energy has discovered oil at the second well of the Senegal exploration programme.
Tags: makes
energy
oil
discovery
Cairn shares boost by oil discovery
2014-11-10 12:46:04| Oil & Gas - Topix.net
Cairn Energy jumped 13% after the firm said it had discovered oil for the second time off the coast of Senegal. The benchmark FTSE 100 index rose 26.74 points to 6,593.98, helped by rises in the mining sector.
Tags: oil
shares
discovery
boost
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