EnergyWatch

Potential Dong buyer from Scotland has an appetite for acquisitions

Scottish oil company Cairn Energy, rumoured in international media as a potential buyer of Dong's oil and gas business, reveals its appetite for acquisitions in a new report.

Photo: Kjetil Alsvik - Statoil

2017 will be an exciting year for Cairn Energy, which will actively consider possible purchase opportunities in the North Sea over the year, reads the report published by the Scottish energy company Wednesday morning.

Although the announcement doesn't hint at anything in particular, it is hard not to consider it in light of the rumours that Cairn Energy is a possible buyer of Dong Energy's oil and gas activities. Cairn Energy was most recently in mid-February singled out by news media Reuters as a favourite to take over the oil and gas activities which the Danish energy company is trying to get rid of.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

EU Commission still has no roadmap for price ceiling

Ahead of Thursday’s long awaited meeting between EU’s energy ministers, the EU Commission still has yet to rubber-stamp any proposed solutions to the energy crisis. According to a commissioner, preparations are still underway for the meeting – and gas prices are in focus, according to documents leaked Wednesday.

Further reading

Related articles

Latest News

See all jobs