Overview

Discovering Hidden Value

The Mangala Processing Terminal, Rajasthan

We are Cairn Energy, one of Europe's largest independent oil and gas exploration and production companies. We are listed on the London Stock Exchange and based in Edinburgh.

Our business is divided into two key units: one focused on developing the Rajasthan resource base; the other exploring frontier basins in Greenland.

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Highlights

Construction at the MPT

OPERATIONAL: Oil production commenced from the Mangala field, Rajasthan
INDIA: Discovered in place resource increased from 3.7 billion boe to 4 billion boe
GREENLAND: Geophysical surveys across west, south and eastern Greenland acquired in 2009
GREENLAND: PETRONAS became a 10% partner in existing operated blocks

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Who We Are and What We’ve Achieved in 2009

The steam generators at the Mangala Processing Terminal (MPT) in Rajasthan

VISION, FOCUS AND ENERGY GIVE US OUR EDGE

Cairn explores for, discovers, develops and produces oil and gas assets globally. We have a proven track record of creating and delivering transformational value through focused exploration and development.

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Values, Vision and Approach

Local Rajasthani business woman who has benefited from attending courses at the Cairn and IFC supported Enterprise Centre

RESPECT, RELATIONSHIPS AND RESPONSIBILITY LIE AT THE HEART OF CAIRN’S CULTURE.

We believe that a positive attitude, being open and honest and respecting others are the key to building successful relationships. These values underpin all of our partnerships, from working with governments, investors and non-governmental organisations (NGOs) to working with our employees and local communities.

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The Rajasthan Development

The steam generators at the Mangala Processing Terminal

THE RAJASTHAN PROJECT IS ONE OF THE LARGEST OIL AND GAS DEVELOPMENTS IN INDIA.

The Mangala field was discovered in January 2004 – the largest onshore oil discovery in India in more than 20 years. The Rajasthan resource base has continually grown since the discovery of Mangala – a total of 25 discoveries have already been made – the focus being to realise the full potential of the Barmer Basin in the coming years.

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