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
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