2012
2011
  • Corporate

    Simon Thomson becomes Chief Executive

    Simon Thomson becomes Chief Executive.

  • Key event - Corporate - India

    Part sale of shareholding in Cairn India to Vedanta Resources plc completed

    Cairn retains an approximate 22 per cent shareholding in Cairn India.

2010
2009
  • Corporate

    Successful placing of 6,542,270 new Ordinary Shares (5%) at Placing Price of £17.75/share raises $161 million

  • Corporate - Atlantic Margin

    Cairn agrees farm out with Petronas International Corporation Ltd (PICL) for Greenland blocks: Sigguk, Eqqua, Kingittoq, Saqqamuit, Sallitt and Uummannarsuaq

    Cairn has agreed to sell to PICL a 10% interest in its existing operated blocks offshore Greenland, subject to the required government and partner approvals.

  • Corporate

    10 for 1 subdivision of the share capital of Cairn approved

2008
  • Key event - Corporate

    20 years of Cairn Energy PLC

2007
  • Key event - Corporate - India

    Cairn India listed on BSE and NSE

    IPO of Cairn India Ltd on the Bombay Stock Exchange raises $1.98billion. Cairn Energy PLC retains a 69% holding. At the time, this was the largest IPO in Indian corporate history.

  • Corporate - India

    $1billion returned to shareholders post IPO of Cairn India

  • Key event - Corporate - Albania - Tunisia

    Acquisition of MedOil plc and Plectrum plc

    The acquisition brings operatorship of three highly prospective blocks, the Joni-5 block offshore Albania, the Louza and Nabeul blocks offshore Tunisia and a number of less-mature assets.

  • Corporate

    Dyas BV acquires 10% interest in Capricorn

  • Corporate - Bangladesh

    Farm out of 50% interest in Cairn's Bangladesh assets to Santos

2006
  • Corporate

    Cairn Group signs $1bn syndicated revolving credit facility, primarily to fund the Rajasthan development

2004
  • Corporate - Nepal

    Cairn signs Production Sharing Contracts (PSCs) for 100% interest in five exploration blocks in Nepal

2003
2002
  • Corporate - India

    Cairn acquires Shell's remaining 50% working interest in the Rajasthan block RJ-ON-90/1 and assumes operatorship

1999
  • Corporate - India - Thailand - China

    Continues to increase focus on the Indian subcontinent by selling non-core interests in China and Thailand and by a moratorium on non-Indian new ventures

1997
  • Key event - Corporate - Bangladesh - India

    Bangladesh transaction with Shell

    In July, Cairn and Shell sign an operational alliance over the whole of Bangladesh and parts of India – including the Rajasthan block interest.

1996
  • Corporate

    Acquires Command Petroleum Limited

    Acquires Command Petroleum Limited. Command's interests are in India, Yemen, PNG, Australia and Russia.

1995
  • Key event - Corporate - Bangladesh

    Acquires HSSH – an Amsterdam listed company

    Cairn acquires a 45% interest in Holland Sea Search N.V (later increased to 100%). HSSH interests are in the Netherlands, Bangladesh, PNG, Australia and Russia via the SOCOPerm Joint Venture. The CEO of HSSH, Dr Mike Watts, joins Cairn.

1993
  • Key event - Corporate - Bangladesh

    Joint Venture with Holland Sea Search (HSSH)

    HSSH interests are in the Netherlands, Bangladesh, PNG, Australia and Russia via the SOCOPerm Joint Venture. HSSH works with its major shareholder Command Petroleum to review and help secure an early entry position in India, including the Ravva oil field and exploration acreage, as well as Yemen.

  • Corporate

    Acquires Teredo Petroleum PLC

1988
  • Key event - Corporate

    Cairn Energy PLC listed on London Stock Exchange

    Cairn acquires all Conoco's onshore UK interests and gains listing on the London Stock Exchange, with a market capitalisation of £25 million.