Cairn Energy PLC

Country of Origin

United Kingdom / Scotland

Stock Exchange Listings

London Stock Exchange

Traded as

CNE

Revenue

~$771 Million

Last Updated:

Cairn Energy is one of Europe’s leading independent oil and gas exploration and development companies.[1]

Cairn holds a 20 percent share in the licensing rights to the exploration of the Boujdour Maritime area, off the shore of Western Sahara. This contract is shared by the Moroccan government, Office National des Hydrocarbures et des Mines (ONHYM), which holds 25 percent, and Kosmos Energy, which holds 55 percent.[2]

[1] Cairn, “Who We Are,” http://www.cairnenergy.com/index.asp?pageid=2.

[2] Western Sahara Resource Watch, “Cairn and Kosmos Applying for New License in Occupied Western Sahara,” April 18, 2016, http://wsrw.org/a105x3446.

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