Cairn Energy Plc has emerged as the front-runner for North Sea oil and gas assets put up for sale by DONG Energy, sources familiar with the matter said, according to a Feb. 14 report.Interest from Cairn Energy and several other potential buyers could put pressure on shipping and oil group A.P. Moller-Maersk, after talks with DONG Energy to buy the oil and gas assets stalled at the end of last year. The two Danish firms had failed to agree on a price.Final bids for the assets, which could be worth around $2 billion, are due by the end of February, the sources said.
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