Greenpeace Boards Cairn Energy Rig Off Coast Of Greenland

Fox Business Monday 30th May, 2011

Dow Jones )- Activists of the environmental group Greenpeace have boarded an oil rig off the coast of Greenland in a bid to disrupt an imminent drilling campaign by Cairn Energy PLC (CNE.LN) in the Arctic waters. The Edinburgh-based oil company confirmed that protesters had boarded the semi-submersible drilling vessel the Leiv Eiriksson, owned by Ocean Rig, around 100 miles off the coast of Greenland. A spokesman for Cairn said the vessel's operations had been completely unaffected. Cairn is currently the only company planning to drill in the region after disappointing results from a campaign last year. But Greenpeace has said if it strikes oil this summer it will spark an oil rush that would devastate the fragile Arctic environment. Greenland's government said that Greenpeace's actions we...

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