Victory: Corallian west of Shetland discovery gets £50million valuation boost
The Victory discovery in the west of Shetland has been given a £47million boost to its value after finding more recoverable gas.
West of Shetland
Cambo oilfield: Not all barrels are created equal
You do not have to look far to find arguments that the UK is more polarised than it has been for decades.
TotalEnergies seeking £220m for partial stake in Laggan Tormore field: Report
TotalEnergies is seeking to sell part of its stake in the huge Laggan Tormore gas field in the west of Shetland, according to a news article.
Hurricane Energy shares drop 25% as Lancaster field approaches ‘bubble point’
Hurricane Energy (LON: HUR) shares have dropped by 25% after announcing it expects to reach the production “bubble point” at its flagship Lancaster field as early as the first quarter of next year.
Crystal Amber chairman hits out at ‘egregious’ Hurricane Energy proposals
The chairman of activist fund Crystal Amber has claimed its “decisive action” saved $22million which would have been lost from Hurricane Energy.
Hurricane Energy Lancaster field sells 10million barrels of oil
Hurricane Energy has hailed the sale of 10million barrels of oil produced from the Lancaster field in the West of Shetland.
Environmental groups ‘not looking at the data’ on Cambo, says Aberdeen researcher
A researcher at Aberdeen University has said that environmental groups are “not looking at the data” on the Cambo oilfield debate.
Cambo operator denies jumping the gun as kayaker activists stage protest in Norway
Two activists in kayaks confronted a vessel in Norway amid suspicions that the UK Government and an oil company were set to “jump the gun” on the Cambo project, west of Shetland.
Abandoning oil and gas would be a reckless act of self-sabotage
Reaching net zero is going to be one of the toughest challenges of our generation.
Scotland Office minister to meet Cambo field developers
The Scotland Office minister will meet the developers of the controversial proposed Cambo oil field, saying it is "far preferable" for oil and gas to come from domestic sources than importing.
Exclusive: Oil chief deals jobs warning to First Minister over Cambo backlash
The chief executive of Oil and Gas UK (OGUK) has written to the First Minister Nicola Sturgeon, issuing a jobs warning over “high-profile negative campaigns” against the Cambo oil field.
Nicola Sturgeon calls on UK ministers to ‘reassess’ Cambo oil field plan
Nicola Sturgeon has asked the UK Government to “reassess” oil and gas licences already issued – including the controversial Cambo development.
Video: Sturgeon confronted by climate activists on Cambo oil field plans
Nicola Sturgeon has been questioned by climate activists on her stance towards plans to develop the Cambo oil field in the West of Shetland.
Boris Johnson insists Cambo field ‘contracts’ cannot be ‘torn up’
Boris Johnson has insisted that "we can't just tear up contracts" as campaigners urged him to block the Cambo oilfield project, west of Shetland.
Boris Johnson urged to block oil project he hasn’t heard of by 80,000 people
A letter signed by 80,000 people calling for the Prime Minister to block an oil project he claimed to have no knowledge of was dropped off at 10 Downing Street today by campaigners.
Symbolic bans on oil E&P won’t help us with climate change, Shell boss says
The chief executive of Shell said today that “symbolic” bans on oil and gas exploration and production would not help the UK tackle climate change.
Hurricane Energy shares rise as Crystal Amber holding goes above 25%
Shares in Hurricane Energy climbed this morning after activist fund Crystal Amber hoisted its holding in the troubled oil firm above 25%.
Cambo oilfield protestors occupy UK Government building in Edinburgh
A dozen activists have staged a protest at a UK Government building in Edinburgh in hope of convincing ministers to reject proposals for the Cambo oilfield, west of Shetland.
Crystal Amber says Bluewater ‘very keen’ to discuss longer stay for FPSO on Hurricane’s Lancaster field
Activist investor Crystal Amber says Bluewater Energy is “very keen” to discuss options for keeping its Aoka Mizu vessel on Hurricane Energy’s Lancaster field.
Hurricane non-exec directors jump ship ahead of key votes, CEO to stay on
Troubled UK oil producer Hurricane Energy’s five non-executive directors have decided to resign, rather than wait for ballots to be held on their positions.
Former Hurricane Energy CEO Trice banked £650K pay as firm sank to £440m losses
Robert Trice, the co-founder and former CEO of Hurricane Energy, took a total pay package of £649,000 last year as the oil firm plunged to losses of £440million.
Stena Don rig on hire for Lincoln well abandonment job, Lancaster pump fixed, Hurricane says
Troubled UK oil firm Hurricane Energy said today that the Stena Don rig is now on hire to plug and abandon the Lincoln well, which it once hoped to develop, west of Shetland.
Equinor and Altera ‘fully engaged’ on study into use of Knarr FPSO for Rosebank project
Energy giant Equinor and Altera Infrastructure are “fully engaged” in a study that could result in the vessel owner’s Petrojarl Knarr FPSO being picked for the 300 million barrel Rosebank gig.
Updated: Hurricane shareholders snub restructuring plan with court decision looming
Long-suffering shareholders of beleaguered UK oil producer Hurricane Energy have snubbed the company’s restructuring plan.
Updated: Hurricane hopes for vessel deal amid Bluewater marketing push, reports Lancaster well glitch
Hurricane Energy is holding out hope that a crucial deal will be reached on the Lancaster field production vessel, despite owners Bluewater marketing it for redeployment.