Interview: Cairn Energy targets transformative changes
Simon Thomson, the chief executive of Cairn Energy, expects 2019 to be an eventful one for the London-listed exploration and production company
Thomson has "high hopes" of discoveries that will please shareholders and potential development partners alike, given Cairn has seven drilling campaigns currently underway—four in in the mature North Sea and three in the prolific but underexplored Mexico Basin. Meanwhile, the company and its partner, Australia's Woodside Petroleum, are confident of making a final investment decision (FID) in Senegal, five years after making a world class oil and gas discovery, underpinning the creation of a new African hydrocarbon province. Another milestone this year for the FTSE-250 company could be the long-awaited return of $1.4bn being withheld by the India income tax department, the subject of a delaye
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
