Edinburgh-based Cairn Energy confirmed it had found gas during exploratory drilling in Baffin Bay, a signal that oil may be found in one of the world’s last untapped fields.
Environment campaigners have vowed to defend the unspoilt Arctic wilderness from potentially damaging development after a Scottish energy firm confirmed it had discovered signs of oil off Greenland.
Edinburgh-based Cairn Energy confirmed it had found gas during exploratory drilling in Baffin Bay, a signal that oil may be found in one of the world’s last untapped fields.