EnergyWatch

Scottish firm in the running for Dong's oil

British oil company Cairn Energy is interested in taking over Dong's assets in the North Sea, according to Reuters.

Photo: DONG

British oil company Cairn Energy, headquartered in Edinburgh, Scotland, is allegedly interested in taking over the oil and gas activities in the North Sea from Denmark's Dong Energy, writes news agency Reuters, referring to several "sources familiar with the matter".

According to Reuters, Cairn Energy is the frontrunner in a group of interested parties after negotiations for a merger between Maersk Group's Maersk Oil and Dong's oil and gas activities arrived at an impasse.

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