Capricorn Energy plc has appointed Luis Araujo as an independent non-executive director (NED) with effect from 11 May 2022. Mr Araujo has more than 38 years’ experience in the oil and gas and energy markets, predominantly in Brazil and Scotland. He was chief executive officer and president of Aker Solutions from 2014 to 2020 and […]
Tag: Capricorn Energy plc
Capricorn withdraws legal action ahead of $1bn refund
Capricorn Energy plc has withdrawn all global enforcement proceedings against the Indian government ahead of a US$1.06bn tax refund. COLLABORATION The move signifies the final stage of undertakings by the company and its subsidiary Cairn Energy Holdings Ltd with the Indian authorities. “This concludes all the necessary steps required of the company under the rules […]
Cairn changes name to Capricorn Energy
Cairn Energy plc announced it had officially changed its name to Capricorn Energy plc. The company announced its intention last month, adding that the majority of its subsidiaries were already known as Capricorn.
Cairn to change name to Capricorn Energy
Cairn Energy plc plans to change its company name to Capricorn Energy plc from 13 December 2021. INDIA TAX REFUND A company statement said that the move followed an agreement at the time of the Cairn India IPO that the name would ultimately be changed. “Given the recent legislative change in India and our participation […]