Saturday 25 January 2014

Cairn Energy

Cairn Energy has a history of being a risk taker!  This is the company risking the Med/Ibiza with its greed to gain more oil, power and money.  This is the company that wanted to fine Greenpeacen nearly £2 million per day!


Cairn Energy, an Edinburgh-based oil and gas exploration company, runs one of the largest exploration programs in Greenland. It has a history of being a risk-taker and has succeeded in the past, such as when it discovered oil in Rajasthan, India, after purchasing Shell's operations there. However, the latest results from drilling in the Arctic are not good for the company, nor for Greenland's hopes of becoming completely self-sufficient.

British oil company Cairn Energy has filed legal papers with a Dutch court to fine Greenpeace €2m (£1.76m) a day if the campaign group disrupts its oil drilling operations in the Arctic. The draconian legal move, that would bankrupt the environment group, comes after Danish marines boarded Cairn's giant Leiv Eiriksson drilling platform early on Thursday. They evicted two Greenpeace climbers who had spent four days in a survival pod attached to the drilling platform.

No comments: