Cairn Energy PLC ('Cairn') is one of Europe's leading independent oil and gas exploration and production companies and is listed on the London Stock Exchange. Cairn has discovered and developed oil and gas reserves in a variety of locations around the world. The company historically focused its activities on the geographic region of South Asia where it operated for more than 20 years.
Cairn’s strategy is to create, add and realise value for shareholders from a balanced portfolio of exploration, development and production assets. Our exploration portfolio is primarily in frontier and emerging basins in West Africa and the North Atlantic which offer the greatest value potential, funded from producing assets in the North Sea along with balance sheet strength.
We continue to make excellent progress on our strategic objectives and are well-positioned to deliver ongoing success. We have created a strong platform for future growth with active positions in various geographies providing significant acreage of both technical and commercial value.
A key focus is Senegal where eleven wells have been drilled in three years. Following two basin opening discoveries, SNE-1 and FAN-1, in 2014 and approval of an extensive appraisal plan by the Government of Senegal in 2015, Cairn and its partners successfully completed a further four exploration and appraisal wells ahead of schedule and under budget in 2016.
The third phase of drilling took place in 2017, completing the appraisal activity for the development of SNE. The JV has passed the development concept for the SNE field and is aligned on a phased and cost effective development plan.
In addition to Senegal, Cairn has key interests offering the potential for material discoveries and high prospectivity with new licences recently acquired in Norway, Mexico, Suriname and the UK, with drilling expected in 2018-2020.
In the UK and Norway, Cairn has high quality assets; the Kraken and Catcher developments are two of the largest development projects in the UK North Sea. Alongside the planned Nova development in Norway, these three projects are a key part of Cairn’s strategy to build steady future cash flows to sustain future exploration.
Cairn has its headquarters in Edinburgh, Scotland supported by operational offices in London, Norway, Senegal and Mexico.
Vaalco Energy Inc. is an African-focused independent energy company with a diversified portfolio of production, development and exploration assets in Gabon, Egypt, Côte d'Ivoire and Equatorial Guinea. The Company combines cash-generative production assets with development and exploration opportunities supported by existing infrastructure and established operating histories.
Since 2021, Vaalco has transformed from a single-asset producer into a multi-country African operator through disciplined acquisitions, portfolio optimisation and operational delivery. Led by an experienced management team with a proven track record of value creation, Vaalco combines disciplined capital allocation, shareholder returns and a visible, self-funded pathway to significantly increase production from resources already within its portfolio.
Vaalco is headquartered in Houston and listed on the Main Market of the London Stock Exchange and the New York Stock Exchange under the symbol EGY.
Energean is a London-listed FTSE 250 exploration and production company and a leading independent oil and gas operator across the Greater Mediterranean. From its foundations in Greece, the Group has grown into a diversified, full-cycle upstream business with more than 18 years of operating experience across eight countries.
Energean’s production exceeded 180,000 boepd during 2026, supported by a long-life portfolio of nearly 1 billion boe of 2P reserves and a reserves life of approximately 18 years. More than 92% of the Group’s current production is operated by Energean, across a portfolio that includes more than 40 fields, 31 platforms, two FSOs and the Energean Power FPSO.
Since its IPO in 2018, Energean has successfully raised more than $7 billion across the global equity and debt markets. Over the past decade, the Group has invested more than $750 million in exploration and over $4.5 billion in development projects across the Eastern Mediterranean. This commitment continues, with approximately $1.3 billion of further capital expenditure planned in the coming years.
Energean’s growth pipeline includes the first offshore exploration well in Greece in more than four decades at Block 2, as well as the Irena gas development in Croatia and the deepwater Katlan development in Israel, both expected to deliver first gas in H1 2027.
As a safe, efficient and trusted operator, Energean has experience across the full upstream value chain — from exploration and complex deepwater developments to production, asset optimisation and the decommissioning of late-life infrastructure. The Group has successfully integrated multiple acquisitions, delivered major offshore projects and built a strong track record of operational and HSE performance.
The Group is committed to achieving net zero emissions by 2050, while continuing to reduce non-routine flaring and methane emissions across its operations.