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Capricorn rejects attempts to block NewMed merger

Edinburgh-based Capricorn Energy on Thursday rejected a proposal by its third-biggest shareholder Palliser Capital to scrap the Scottish firm’s proposed merger with Israel’s NewMed Energy. Several…




Capricorn investors want more from Tullow merger

The proposed all-share merger of Edinburgh-based Capricorn Energy and London-based Tullow Oil is facing increasing opposition from shareholders of Capricorn, formerly called Cairn Energy. Capricorn shareholder Schroders this week became…






Capricorn appoints ex-Aker CEO Araujo to board

Edinburgh-based Capricorn Energy — formerly called Cairn Energy — announced that it appointed former Aker Solutions CEO Luis Araujo to its board as an independent non-executive…






Cairn Energy completes $463m Egypt acquisition

Edinburgh-based Cairn Energy and consortium partner Cheiron Petroleum Corporation announced the completion of the acquisition of a portfolio of upstream oil and gas production, development and…


Cairn Energy exits Norway with $100m sale

Edinburgh-based oil and gas company Cairn Energy said on Wednesday it agreed to dispose of Capricorn Norge AS, its subsidiary in Norway. “With effect from…



£350m Haymarket development fully let

M&G Real Estate and its property development partner Qmile Group announced they have pre-let all 390,000 sq ft of Grade A office accommodation at the £350…


Cairn partner Eni in offshore Mexico oil find

Edinburgh-based international oil and gas company Cairn Energy said on Monday that Italy’s Eni has announced an oil find in offshore Mexico — at the Sayulita Exploration Prospect…