Cairn Energy News

Miss Emma McCall (Photo: TDI-Brooks)

TDI-Brooks' New Vessel Completes Its First Projects

TDI-Brooks’ newest vessel R/V Miss Emma McCall has recently completed its first projects for the U.S.-based marine data acquisition services company on behalf of Total and Cairn Energy offshore Mexico. TDI-Brooks has the vessel on a long-term bare-boat charter from Cameron Offshore Boats.The 2003-built Miss Emma is a multi-use oceanographic research vessel outfitted for a wide variety of oceanographic research duties for operations in the Northern/Southern Gulf of Mexico (GOM), U.S. East Coast and elsewhere in the Americas. The vessel is equipped to acquire geophysical surveys for offshore

(Photo: Rolf Skjong / Wintershall Dea)

Subsea Templates Installed on Nova Field

marks an important milestone for our global operations and a signal of our ambition to invest capital and expertise in our core regions around the world.”Wintershall Dea holds a 45% share as Nova operator. Its partners in the project include Capricorn Norge AS (a fully owned subsidiary of Cairn Energy PLC) (20%), Spirit Energy Norge AS (20%) and Edison Norge AS (15%).The expected recoverable reserves from Nova are around 80 million barrels of oil equivalent (boe), of which the majority will be oil. The partnership is investing almost €1.1 billion ($1.2 billion) in the development of the

Mexico Auctions Two-thirds of Blocks in Shallow Water Oil Tender

Mexico on Monday auctioned two-thirds of the shallow water oil and gas blocks up for grabs in the latest round of its energy market opening, surpassing the cautious estimates of officials last week.   Italy's Eni, Colombia's Ecopetrol and Capricorn Energy, a unit of Edinburgh-based Cairn Energy , were among the companies at the forefront of the bidding for 15 blocks in the southern Gulf of Mexico.   Ten of the 15 blocks were taken up in the auction.   Eni took one of the blocks by itself and two in consortium with other companies. One comprised Capricorn and Mexican oil

Total to Explore Senegal's Deepwater Potential

potential for Total to become an operator there too.   The financial terms of the deal were not disclosed.   Senegal is on the verge of an oil and gas boom, as newly discovered oil and gas fields are expected to begin production within the next decade. Companies including British-based Cairn Energy and Dallas-based Kosmos Energy have reported a string of successful finds that could transform Senegal's agricultural economy.   "These agreements are part of the group's strategy to carry out exploration activities in new deepwater basins in Africa," Total's chief executive Patrick

Woodside Buys ConocoPhillips’s Senegal interests

was US$350 million plus net customary adjustments of approximately US$90 million. Woodside CEO Peter Coleman said the acquisition was an exciting addition to Woodside’s global growth portfolio. “We look forward to working with the Government of Senegal and joint venture participants Cairn Energy, FAR Limited, and Petrosen, the Senegal National Oil Company, to progress the commercial development of the SNE and FAN discoveries. “Woodside will bring to the joint venture expertise in deep water drilling, development and operation of subsea infrastructure and floating production storage

Cairn Success in offshore Senegal continues

, SNE-2, SNE-3 and BEL-1   * 108m of continuous core taken across the oil bearing reservoir interval with 100% recovery   * Multiple samples of gas, oil and water recovered to surface   * Initial indications confirm similar 32° API oil quality as seen across the field   Cairn Energy Chief Executive Simon Thomson said, “We have now drilled four successful appraisal wells in Senegal and we are delighted with the results to date of the multi-well evaluation programme, which has confirmed the scale and potential of this world class asset. Operations in Senegal have been

Cairn Gears up For Fourth Well Offshore Senegal

. In light of the success of the ongoing appraisal programme, the JV has agreed that the Ocean Rig Athena will now drill SNE-4, located 5km south-east of the SNE-1 discovery well, to appraise the eastern extent of the field and aiming to confirm the nature of the upper reservoirs in the oil zone. Cairn Energy PLC Chief Executive Simon Thomson said, “The drilling programme in Senegal continues to provide positive evidence of the scale and extent of the SNE field. The BEL-1 appraisal results have provided definitive information confirming the northern extent of the high quality reservoirs seen

ONGC to Invest $5 bln to Develop India's Eastern Gas Asset

India's Oil and Natural Gas Corporation said it will unveil an investment of around $5 billion by the end of March to develop a major gas asset in the east, with a view to tapping higher gas prices. The asset, which the state-owned company acquired in 2005 under a swap agreement with UK's Cairn Energy Plc, can produce up to 17 million metric standard cubic metres per day (mmscmd) of natural gas and 75,000 barrels of oil per day by 2020. The level of output will make it ONGC's second biggest hydrocarbon asset in India, D.K. Sarraf, chairman and managing director of the country's biggest explorer

Cairn Tests 2nd Senegal Appraisal Well

101m gross (95m in SNE-1 and 103m in SNE-2)  # Initial indications confirm the same 32 degree API oil quality as seen in SNE-1 and SNE-2 Resource estimates for the SNE field continue to be revised and an update will be announced at the company’s preliminary results on 15 March 2016. Cairn Energy Chief Executive Simon Thomson said, “Cairn is delighted with the flow rates from the latest well in the Senegal appraisal programme, which validate the scale and growth potential of the SNE field. The results have demonstrated the ability of the upper reservoirs to flow at commercially viable

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