2010
  • Key event - Corporate - Bangladesh

    Cairn's interests in Bangladesh acquired by Santos

    Santos acquires all of Cairn's assets in Bangladesh, including its interest in the Sangu gas field and Block 16 exploration acreage.

2007
  • Corporate - Bangladesh

    Farm out of 50% interest in Cairn's Bangladesh assets to Santos

2003
2000
1999
  • Bangladesh

    Transfers operatorship of Bangladesh interests to Shell

  • Bangladesh

    Cairn/Shell alliance is awarded Block 10, Bangladesh 2nd licensing round

1998
  • Key event - Bangladesh

    First gas from Sangu

    First gas produced from the fast-track Sangu field development, 19 months from the initial discovery.

  • Bangladesh

    Cairn/Shell joint venture is awarded Block 5 Bangladesh second licensing round

1997
  • Key event - Corporate - Bangladesh - India

    Bangladesh transaction with Shell

    In July, Cairn and Shell sign an operational alliance over the whole of Bangladesh and parts of India – including the Rajasthan block interest.

1996
  • Key event - Bangladesh

    Discovers Sangu gas field in the Bay of Bengal

    Cairn discovers gas in the Sangu-1 well, Block 16 – the first gas field offshore Bangladesh.

1995
  • Bangladesh

    Acquires 2,500km 2D seismic data Block 16 offshore Bangladesh

  • Bangladesh

    Signs a Production Sharing Contract (PSC) for Block 15, onshore Bangladesh

  • Key event - Corporate - Bangladesh

    Acquires HSSH – an Amsterdam listed company

    Cairn acquires a 45% interest in Holland Sea Search N.V (later increased to 100%). HSSH interests are in the Netherlands, Bangladesh, PNG, Australia and Russia via the SOCOPerm Joint Venture. The CEO of HSSH, Dr Mike Watts, joins Cairn.

1994
  • Key event - Bangladesh

    Production Sharing Contract (PSC) signed for Block 16 offshore Bangladesh

1993
  • Key event - Corporate - Bangladesh

    Joint Venture with Holland Sea Search (HSSH)

    HSSH interests are in the Netherlands, Bangladesh, PNG, Australia and Russia via the SOCOPerm Joint Venture. HSSH works with its major shareholder Command Petroleum to review and help secure an early entry position in India, including the Ravva oil field and exploration acreage, as well as Yemen.