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Oil and gas producer Cairn Energy is shifting its focus to a growth portfolio onshore Egypt from declining offshore fields in the British North Sea in a flurry of deals worth around $1.5 billion which it announced on Tuesday. Cairn, in partnership with Ceiron, agreed to buy onshore fields in Egypt's Western Desert from Royal Dutch Shell for up to $926 million and sell its stakes in British fields Catcher and Kraken to private firm Waldorf Production for $460 million. "We're transitioning from that portfolio in decline into one where we see that we can build greater cashflow ge...