Cairn Energy PLC (CNE) - Oil & Gas - Deals and Alliances Profile

 Published On: Aug, 2016 |    No of Pages: 140 |  Published By: GlobalData | Format: PDF
Request Free Sample

Summary

Cairn Energy PLC (Cairn Energy) is an independent oil and gas exploration and production company. The group through its subsidiaries holds interests in various oil and gas assets. The group carried out its operations in Atlantic Margin (North Atlantic & North West Africa), Other Cairn Energy and North West Europe. The group focuses on exploration activities in assets located in Greenland, Morocco, Spain, Norway, Senegal, Mauritania, and Malta and the UK. Cairn Energy is headquartered in Edinburgh, Scotland, the UK.

Cairn Energy focuses on strengthening its operations by acquiring working interests in upstream projects. In line with this approach, the company acquired an additional 4.5% interest in the Kraken development in the UK North Sea from First Oil plc.

Cairn Energy PLC (CNE) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 7
Cairn Energy PLC, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Cairn Energy PLC, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Cairn Energy PLC, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Cairn Energy PLC, Oil & Gas, Deals By Sector, 2010 to YTD 2016 11
Cairn Energy PLC, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Cairn Energy PLC, Oil & Gas, Deal Details 15
Asset Purchase 15
Cairn Energy Acquires Additional 4.5% Interest In Kraken Oil Discovery Offshore UK From First Oil 15
Capricorn Exploration Completes Acquisition Of 20% Interest In Cap Boujdour Contract Area In Aaiun Basin, Offshore Morocco, From Kosmos Energy 16
Capricorn Norge Completes Acquisition Of 20% Interest In PL378 And PL378B In Norwegian North Sea From Premier Oil For US$16 Million 17
Cairn Energy Completes Acquisition Of 35% Interest In West African Exploration Block C19, Offshore Mauritania, From Chariot Oil 18
Cairn Energy Acquires 18% Stake In PL159C In Norwegian North Sea From Statoil 19
Cairn Energy Acquires 15% Interest In Licenses P.2040 And P.2086 On UK Continental Shelf From TAQA Bratani In Swap Transaction 20
Capricorn Ireland Completes Acquisition Of 38% Interest In FEL 2/04, 4/08 And LO 11/2 From Chrysaor And Sosina 21
Capricorn Ireland Receives Approval To Acquire 38% Interest Each In Exploration Licenses FEL 2/04, FEL 4/08 And LO 11/2 In Porcupine Basin, Offshore Ireland From Chrysaor E&P Ireland And Sosina Exploration 23
Cairn Energy To Acquire 65% Interest In Rufisque, Sangomar And Sangomar Deep Blocks, Offshore Senegal, From FAR 25
Cairn Energy Completes Acquisition Of 50% Interest In Foum Draa Block, Offshore Morocco, For US$61.5 Million 27
Agora And JX Nippon Acquire 16.5% Interest In P1763 Aragon Prospect In UK Northern North Sea From Bridge Energy 29
Agora Oil & Gas Acquires Additional 20% Interest In Tybalt Prospect From Valiant Petroleum 30
Nautical Petroleum Acquires 25% Interest In License P1756, Offshore UK From First Oil 31
EnCore Oil, Nautical Petroleum And Serica Energy Completes Acquisition Of 70% Interest In Block 15/21a In North Sea In A Swap Transaction 32
Nautical Petroleum Acquires Additional 15% Interest In UKCS License P1077 Block 9/2b And 9/2c 34
Infrastrata Sells 20% Interest In PL1/10 To Nautical Petroleum 35
Nautical Petroleum Completes Acquisition Of 25% Interest In SEL 2/07 Of Nemo Field From Atlantic, Providence And Sosina 36
Nautical Petroleum Acquires 40% Interest In Licensing Option 10/1, North Celtic Sea Basin From Providence Resources 38
Equity Offering 39
Nautical Petroleum Completes Private Placement Of US$47.9 Million 39
Asset Transactions 41
Cairn Energy Completes Farm-Out Agreement For Sale Of 10% Interest In UK North Sea Licenses To Dyas UK 41
Dyas UK To Acquire 6% Interest Each In P335 & P1758 Licenses And 80% Interest In P979 License, UK North Sea From Cairn Energy For US$45.8 Million 42
Statoil Acquires 10% Stake In Licenses P2040 And P2086 On UK Continental Shelf From Cairn Energy 43
TAQA Bratani Acquires 20% Stake In Cladhan South License P.1680 In UK North Sea From Cairn Energy In Swap Transaction 44
Melita Exploration Completes Acquisition Of 40% Interest In Offshore Malta Area 3 From Nautical Petroleum 45
EnQuest Completes Acquisition Of Additional 15% Interest In Licenses P1573 And P1574 And 10% Interest In License P1575 From Nautical Petroleum 46
Nautical Petroleum Terminates To Sell 6% Interest In Mariner Oil Discovery Offshore Uk 47
Valiant Petroleum Completes Acquisition Of 10% Stake In Blocks 211/11b And 211/16b From Agora Oil & Gas 48
EnQuest Completes Acquisition Of Additional 25% Interest In Kraken Oil Discovery From Nautical Petroleum 49
DEO Petroleum, Faroe Petroleum, Maersk Oil And Atlantic Petroleum Completes Acquisition Of 30% Interest In Block 15/21g In North Sea, In A Swap Transaction 51
Statoil Acquires 30.625% Interest In Pitu License In Greenland From Cairn Energy 53
Cooper Energy Acquires 85% Interest In Nabeul Permit From Capricon For US$1.5 Million 54
Nautical Petroleum Sells Its 20.67% Interest In Licence P335 To Statoil (U.K.) 55
Cairn Energy Completes Farm-Out Agreement With PETRONAS International 56
Oil Search Acquires 12.73% Interest In Block PRL-1 From Cairn Energy 57
Acquisition 58
Cairn Energy Completes Sale Of 8% Stake In Cairn India For US$930 Million 58
Capricorn Energy Completes Acquisition Of Nautical Petroleum For US$642 Million 60
Cairn Energy Sells 3.5% Stake In Cairn India For US$360 Million 62
Cairn Energy Completes Acquisition Of Agora Oil & Gas For US$453 Million 64
Vedanta Resources Completes Acquisition Of Additional 40% Stake In Cairn India From Cairn Energy For US$5.5 Billion 66
Santos Acquires Cairn Energy Sangu Field 69
Cairn Energy PLC - Key Competitors 70
Key Employees 71
Locations And Subsidiaries 72
Head Office 72
Other Locations & Subsidiaries 72
Recent Developments 74
License Awards 74
Jun 10, 2016: Petrel Resources: Offshore Ireland Licences Accepted 74
May 01, 2015: Chariot Oil & Gas: Licence Extension And Resource Update Of C-19, Mauritania 75
Jan 21, 2015: Cairn Energy: Completion Of Catcher Farm Out And Norwegian License Awards 76
Recent Discoveries 77
Apr 11, 2016: FAR: Gas Discovered At Bellatrix - Fourth Appraisal Well Confirmed 77
Mar 02, 2015: Kosmos Energy Provides Update On 2015 Exploration Drilling Program 79
Drilling and Production Updates 80
Jan 19, 2016: FAR Provides Senegal Drilling Update: SNE-3 Starts Drilling 80
Dec 10, 2015: FAR Shareholder Update: Senegal Project 81
Aug 19, 2015: Cairn Energy: Senegal Exploration Well To Target Bellatrix Prospect 82
Financial Announcements 83
Aug 16, 2016: Cairn Energy Announces Half-Yearly Report 2016 Results 83
Mar 15, 2016: Cairn Energy Announces Final Results Of 2015 85
Aug 18, 2015: Cairn Energy: Half-Yearly Report Announcement 2015 94
Mar 10, 2015: Cairn Energy Announces Preliminary Results 104
Jan 13, 2015: Cairn Energy Announces Pre-Close Update 106
Other Significant Developments 108
Jul 12, 2016: Cairn Energy Claims $5.6bn Compensation From India In Tax Dispute 108
May 19, 2016: Cairn Announces Senegal Appraisal Well Result 109
Apr 18, 2016: FAR spuds SNE-4 appraisal well 110
Apr 11, 2016: Cairn Energy Positive Well Results Offshore Senegal Fourth Well To Commence Shortly 112
Mar 09, 2016: Cairn: Second Successful Senegal Appraisal Well 113
Jan 29, 2016: FAR Announces Quarterly Activities Report For The Period Ended 31st December 2015 114
Jan 29, 2016: Providence Resources Provides Technical Update On Frontier Exploration Licence 1/14, Northern Porcupine Basin 119
Jan 17, 2016: Cairn Energy Announces Pre-Close Update: 19 January 2016 120
Jan 04, 2016: Cairn Energy completes testing of Senegal appraisal well 122
Oct 19, 2015: FAR: Ocean Rig Athena Drill Ship Commences Mobilisation To Senegal 123
Aug 18, 2015: Cairn Energy Receives Approval To Proceed With Drilling Operations Offshore Senegal 124
Jul 20, 2015: Erin Energy Commences 3D Seismic Acquisition Offshore The Gambia 125
Jun 15, 2015: Providence Resources: Technical Update Ruadhan 3D Seismic Survey, Northern Porcupine Basin, Offshore Ireland 126
May 11, 2015: Cairn Capital Markets Day To Outline Evaluation Plan Submitted To Government Of Senegal 127
Apr 29, 2015: Cairn Energy Announces Appointment Of Two Non-Executive Directors 128
Apr 28, 2015: Wintershall Norge Receives Drilling Permit For Well 35/12-5 S In Production Licence 378 130
Apr 13, 2015: FAR: Shareholder Update: Evaluation Plan For Senegal Discoveries 131
Mar 19, 2015: Tower Resources Provides Corporate Update 134
Mar 10, 2015: Providence Resources: Operational Update Spanish Point Field Northern Porcupine Basin 136
Mar 10, 2015: Cairn India To File Notice Of Dispute Under Uk-India Investment Treaty 137
Mar 10, 2015: Cairn Energy: Indian Tax Dispute 138
New Contracts Announcements 139
Jun 29, 2015: Fugro And Cross Group Awarded Multi Well GoM Contract 139
Appendix 140
Methodology 140
About GlobalData 140
Contact Us 140
Disclaimer 140

List of Tables
Cairn Energy PLC, Oil & Gas, Key Facts, 2015 1
Cairn Energy PLC, Oil & Gas, Deals Summary, 2010 to YTD 2016 1
Cairn Energy PLC, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Cairn Energy PLC, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Cairn Energy PLC, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Cairn Energy PLC, Deals By Sector, 2010 to YTD 2016 11
Cairn Energy PLC, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Cairn Energy Acquires Additional 4.5% Interest In Kraken Oil Discovery Offshore UK From First Oil 15
Capricorn Exploration Completes Acquisition Of 20% Interest In Cap Boujdour Contract Area In Aaiun Basin, Offshore Morocco, From Kosmos Energy 16
Capricorn Norge Completes Acquisition Of 20% Interest In PL378 And PL378B In Norwegian North Sea From Premier Oil For US$16 Million 17
Cairn Energy Completes Acquisition Of 35% Interest In West African Exploration Block C19, Offshore Mauritania, From Chariot Oil 18
Cairn Energy Acquires 18% Stake In PL159C In Norwegian North Sea From Statoil 19
Cairn Energy Acquires 15% Interest In Licenses P.2040 And P.2086 On UK Continental Shelf From TAQA Bratani In Swap Transaction 20
Capricorn Ireland Completes Acquisition Of 38% Interest In FEL 2/04, 4/08 And LO 11/2 From Chrysaor And Sosina 21
Capricorn Ireland Receives Approval To Acquire 38% Interest Each In Exploration Licenses FEL 2/04, FEL 4/08 And LO 11/2 In Porcupine Basin, Offshore Ireland From Chrysaor E&P Ireland And Sosina Exploration 23
Cairn Energy To Acquire 65% Interest In Rufisque, Sangomar And Sangomar Deep Blocks, Offshore Senegal, From FAR 25
Cairn Energy Completes Acquisition Of 50% Interest In Foum Draa Block, Offshore Morocco, For US$61.5 Million 27
Agora And JX Nippon Acquire 16.5% Interest In P1763 Aragon Prospect In UK Northern North Sea From Bridge Energy 29
Agora Oil & Gas Acquires Additional 20% Interest In Tybalt Prospect From Valiant Petroleum 30
Nautical Petroleum Acquires 25% Interest In License P1756, Offshore UK From First Oil 31
EnCore Oil, Nautical Petroleum And Serica Energy Completes Acquisition Of 70% Interest In Block 15/21a In North Sea In A Swap Transaction 32
Nautical Petroleum Acquires Additional 15% Interest In UKCS License P1077 Block 9/2b And 9/2c 34
Infrastrata Sells 20% Interest In PL1/10 To Nautical Petroleum 35
Nautical Petroleum Completes Acquisition Of 25% Interest In SEL 2/07 Of Nemo Field From Atlantic, Providence And Sosina 36
Nautical Petroleum Acquires 40% Interest In Licensing Option 10/1, North Celtic Sea Basin From Providence Resources 38
Nautical Petroleum Completes Private Placement Of US$47.9 Million 39
Cairn Energy Completes Farm-Out Agreement For Sale Of 10% Interest In UK North Sea Licenses To Dyas UK 41
Dyas UK To Acquire 6% Interest Each In P335 & P1758 Licenses And 80% Interest In P979 License, UK North Sea From Cairn Energy For US$45.8 Million 42
Statoil Acquires 10% Stake In Licenses P2040 And P2086 On UK Continental Shelf From Cairn Energy 43
TAQA Bratani Acquires 20% Stake In Cladhan South License P.1680 In UK North Sea From Cairn Energy In Swap Transaction 44
Melita Exploration Completes Acquisition Of 40% Interest In Offshore Malta Area 3 From Nautical Petroleum 45
EnQuest Completes Acquisition Of Additional 15% Interest In Licenses P1573 And P1574 And 10% Interest In License P1575 From Nautical Petroleum 46
Nautical Petroleum Terminates To Sell 6% Interest In Mariner Oil Discovery Offshore Uk 47
Valiant Petroleum Completes Acquisition Of 10% Stake In Blocks 211/11b And 211/16b From Agora Oil & Gas 48
EnQuest Completes Acquisition Of Additional 25% Interest In Kraken Oil Discovery From Nautical Petroleum 49
DEO Petroleum, Faroe Petroleum, Maersk Oil And Atlantic Petroleum Completes Acquisition Of 30% Interest In Block 15/21g In North Sea, In A Swap Transaction 51
Statoil Acquires 30.625% Interest In Pitu License In Greenland From Cairn Energy 53
Cooper Energy Acquires 85% Interest In Nabeul Permit From Capricon For US$1.5 Million 54
Nautical Petroleum Sells Its 20.67% Interest In Licence P335 To Statoil (U.K.) 55
Cairn Energy Completes Farm-Out Agreement With PETRONAS International 56
Oil Search Acquires 12.73% Interest In Block PRL-1 From Cairn Energy 57
Cairn Energy Completes Sale Of 8% Stake In Cairn India For US$930 Million 58
Capricorn Energy Completes Acquisition Of Nautical Petroleum For US$642 Million 60
Cairn Energy Sells 3.5% Stake In Cairn India For US$360 Million 62
Cairn Energy Completes Acquisition Of Agora Oil & Gas For US$453 Million 64
Vedanta Resources Completes Acquisition Of Additional 40% Stake In Cairn India From Cairn Energy For US$5.5 Billion 66
Santos Acquires Cairn Energy Sangu Field 69
Cairn Energy PLC, Key Competitors 70
Cairn Energy PLC, Key Employees 71
Cairn Energy PLC, Other Locations 72
Cairn Energy PLC, Subsidiaries 72

List of Figures
Cairn Energy PLC, Oil & Gas, Deals by Type, 2010 to YTD 2016 1
Cairn Energy PLC, Oil & Gas, Deals By Year, 2010 to YTD 2016 1
Cairn Energy PLC, Oil & Gas, Deals By Region, 2010 to YTD 2016 1
Cairn Energy PLC, Oil & Gas, Deals By Sector, 2010 to YTD 2016 1
Cairn Energy PLC, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Cairn Energy PLC, Oil & Gas, Deals by Type, 2010 to YTD 2016 9
Cairn Energy PLC, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Cairn Energy PLC, Oil & Gas, Deals by Sector, 2010 to YTD 2016 11


If the above report does not have the information suitable for your business, we can provide custom research that can be lucrative for your business or enhance your profession.