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Cairn Energy PLC's Overview

Total employees1021
HeadquartersEdinburgh
Founded

Capricorn Energy PLC, which rebranded from Cairn Energy PLC in December 2021, is a prominent independent oil and gas exploration, development, and production company. With a rich history of successful discoveries, particularly in India (though these assets have since been divested), the company has shifted its strategic focus. Currently, Capricorn Energy's portfolio is primarily centered on assets in Egypt, with ongoing production and development activities, and interests in the UK North Sea. The company emphasizes safe and responsible energy production, aiming to create sustainable value for its shareholders and stakeholders. It has navigated significant corporate changes, including shareholder activism and a refreshed board and management team, to redefine its strategy for future growth.

Where is Cairn Energy PLC's Headquarters?

HQ Function

The Edinburgh headquarters serves as the central hub for Capricorn Energy's global operations, strategic decision-making, financial management, corporate governance, and investor relations.

Notable Features:

Located in a modern office building in a central part of Edinburgh, offering contemporary facilities conducive to collaboration and business operations. Specific architectural details are not widely publicized, but it's a functional corporate office space.

Work Culture:

The work culture is generally described as professional and results-driven, with a strong emphasis on technical expertise in the oil and gas sector, safety, and adapting to the dynamic energy market. Recent changes may have introduced a renewed focus on shareholder value and operational efficiency.

HQ Significance:

The Edinburgh HQ is significant as it anchors the company in a stable financial and regulatory environment, overseeing its international assets and strategic direction, particularly its key operations in Egypt.

Values Reflected in HQ: The headquarters likely reflects values of professionalism, strategic management, and operational oversight. Recent corporate shifts would also emphasize transparency and accountability.

Location:

Capricorn Energy's global functions primarily support its core business of oil and gas exploration and production. This includes project management, geological and geophysical analysis, engineering, drilling operations support, health, safety, environment, and security (HSES) management, commercial negotiations, finance, and stakeholder relations. While current production assets are focused in Egypt and exploration interests include the UK, the company has historically operated in South Asia, West Africa, and Greenland, requiring a breadth of international operational expertise.

Street Address:

50 Lothian Road

City:

Edinburgh

State/Province:

Scotland

Country:

United Kingdom

Cairn Energy PLC's Global Presence

Cairo, Egypt

Address: Victoria Square Offices, Building B2, Street 213 Degla, Maadi, Cairo, Egypt (Example address, verify for accuracy)

Supports Capricorn's strategic interests in its Western Desert assets, facilitating partnerships, managing local supply chains, and ensuring adherence to operational and safety standards in Egypt.

London, United Kingdom

Address: May have a smaller representative or investor relations office; specific public address less common than HQ. (e.g. WeWork or serviced office for flexibility)

Facilitates engagement with the London financial community, partners, and government bodies related to UK operations or broader corporate strategy.

Buying Intent Signals for Cairn Energy PLC

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Cairn Energy PLC

As of April 2025, Cairn Energy PLC' leadership includes:

Randy Neely - Chief Executive Officer
Richard Kneller - Chief Financial Officer
Craig van der Laan - Chair
Dr Jim House - Chief Operating Officer
Eleanor Maginness - General Counsel & Company Secretary

Investors of Cairn Energy PLC

Cairn Energy PLC has been backed by several prominent investors over the years, including:

Palliser Capital (significant shareholder, influential in recent board changes)
Madison Avenue Partners, LP
Legal & General Investment Management
VR Global Partners, L.P.
Kite Lake Capital Management (UK) LLP
Newtyn Management, LLC

Executive New Hires/Exits in the Last 12 Months

Hire6
Exits7

Capricorn Energy underwent a significant board and executive overhaul in early 2023 following a campaign by activist investor Palliser Capital. This led to the departure of most of the previous board and key executives, and the appointment of a new Chair, CEO, CFO, and several Non-Executive Directors.

Departures

Nicoletta Giadrossi, Nicoletta Giadrossi resigned as Chair effective 1 February 2023.
Simon Thomson, Simon Thomson stepped down as CEO effective 1 February 2023.
James Smith, James Smith stepped down as CFO, departed company end of April 2023.
Alison Wood, Alison Wood resigned as Non-Executive Director.
Luis Araujo, Luis Araujo resigned as Non-Executive Director.
Keith Lough, Keith Lough resigned as Non-Executive Director.
Peter Kallos, Peter Kallos resigned as Non-Executive Director.

New Appointments:

Randy Neely, Appointed CEO Designate initially, confirmed as CEO.
Richard Kneller, Appointed CFO, starting 1 May 2023.
Craig van der Laan, Appointed Non-Executive Chair.
Hesham Mekawi, Appointed Non-Executive Director.
Christopher Cox, Appointed Non-Executive Director.
Maria Gordon, Appointed Non-Executive Director.

Technology (Tech Stack) used by Cairn Energy PLC

Discover the tools Cairn Energy PLC uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Cairn Energy PLC Email Formats and Examples

Capricorn Energy (formerly Cairn Energy) typically uses a standard first name.lastname email format. Variations might exist, but this is the most common structure for corporate communications.

first.last@capricornenergy.com

Format

randy.neely@capricornenergy.com

Example

85%

Success rate

News and media

Capricorn Energy PLCMay 7, 2024

Capricorn Energy Trading and Operational Update

Capricorn Energy provided an update on its trading and operations, highlighting production in line with guidance from its Egypt assets. The company noted continued focus on shareholder returns, including progress on a share buyback program, and ongoing evaluation of opportunities to maximize value from its portfolio....more

Capricorn Energy PLCMarch 21, 2024

Capricorn Energy Announces Full Year 2023 Results

Capricorn Energy reported its financial and operational results for the full year 2023. The company highlighted stable production from its Egyptian assets, significant shareholder returns through dividends and buybacks, and a strong financial position. The results reflected the new management's strategy post the 2023 board changes....more

ReutersFebruary 1, 2023

Capricorn Energy shareholders vote to oust seven directors including CEO

Shareholders of Capricorn Energy voted to remove seven directors, including the CEO and CFO, following a campaign by activist investor Palliser Capital. This marked a significant overhaul of the company's leadership and strategic direction....more

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