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Tag: Cairn Energy
Tullow

Tullow Oil, Capricorn Energy agree to merge in all-share combination

Posted: June 2, 2022 at 12:00 pm   /   Oil & Gas

Tullow Oil and Capricorn Energy PLC have agreed to merge in an all-share combination, Tullow Oil said in a June 1 announcement. The combine would result in a diversified pan-African upstream portfolio underpinned by low-cost producing assets, with a deep portfolio of incremental high-return investment opportunities in Ghana, Egypt, Gabon, and Côte d’Ivoire, Tullow said. […]

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cairn-capricon

Cairn Energy to change its name to Capricorn Energy

Posted: November 16, 2021 at 3:42 pm   /   Oil & Gas

Cairn is planning to change its company name from Cairn Energy plc to Capricorn Energy plc from December 13, the business has announced in a statement posted on its website. The development follows an agreement at the time of the Cairn India IPO that the name would ultimately be changed, Cairn noted. No action from […]

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Cairn Energy

Cairn expects to finalize Shell Egypt onshore assets acquisition by end of month

Posted: September 8, 2021 at 1:45 pm   /   Oil & Gas

Cairn, Cheiron could replace Shell in the Western Desert before the month is out: Cairn Energy and partner Cheiron expect to finalize its takeover of Shell Egypt’s onshore oil and gas assets by the end of September, Cairn said yesterday. The joint acquisition, which will see the assets split 50-50 between the UK-listed company and leading Egyptian […]

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shell

Carlyle, Cairn-backed group, Dragon Oil in running to acquire Shell Egypt onshore assets

Posted: July 16, 2020 at 2:47 pm   /   Oil & Gas

Private equity firm Carlyle Group and a consortium backed by Cairn Energy are in the running to acquire Shell’s onshore assets in Egypt, Reuters reports, citing two sources with knowledge of the matter. Previous reports had indicated that Cairn Energy was part of a consortium that initially included Cheiron and Pharos Energy, until Pharos withdrew […]

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