Group structure

 

Cairn Group structure

Group structure flow diagram

*In 2007 Cairn Energy PLC listed as Cairn India Limited on the Bombay and National Stock Exchanges of India, raising $1.98 billion
**Capricorn Oil Limited (Capricorn) was established following the IPO of Cairn India Limited in 2007. Capricorn is focussed on exploration and holds Cairn's interests in UK, Norway, Greenland, Morocco, Spain, Albania, Malta, Northern Ireland, France, Nepal and Senegal*

Placing of 4% of CIL raised $625 million (2008)
40% shareholding in CIL sold to Vedanta Resources PLC for $5.5 billion (2011)
3.5% shareholding in CIL sold to Citi for $360 million (2012)
8% shareholding in CIL sold to Citi for $910 million (2012)
*Subject to necessary regulatory approvals

100% interest

Capricorn Oil Limited

~10% interest

Cairn India Limited