North Sea slide fails to dent record output for Hisbiscus
Hisbiscus Petroleum reported its highest group quarterly production to date, even as revenues and output from its North Sea business fell on lower prices.
Anasuria FPSO
Hibiscus eyes progress on Teal West, Marigold in coming weeks
Hibiscus Petroleum reported a profitable quarter at both group and UK level and expects to make progress on its plans for Teal West and the Marigold Area by the end of March.
Hibiscus tenders for new Teal West work
Hibiscus Petroleum (KLSE: HIBISCS) is looking to book new work for its Teal West field as it moves to progress the development solo.
Hibiscus resolves long-standing riser issues at Anasuria FPSO
Issues with a production riser at the Anasuria FPSO have finally been fixed, more than a year after the fault cropped up.
Hibiscus Petroleum’s UK segment achieves ‘healthy profit margins’
Malaysian-based Hibiscus Petroleum has released its Q4 reports for the financial year, ending the 30th of June 2022, reporting gross profits of £45.84 million.
Hibiscus plans multi-phase Teal West project in North Sea
Hibiscus Petroleum (KLSE: HIBISCS) has hit a key milestone on the road to developing the Teal West project in the UK North Sea.
Anasuria takes over as FPSO and pipeline operator from Petrofac
Anasuria Operating Company has taken over as operator of the namesake FPSO and associated pipelines in the North Sea from Petrofac.
Repair works on Hibiscus Anasuria FPSO due to finish in coming weeks
Work to repair constrained production issues at the Hibiscus Petroleum Anasuria FPSO are nearing completion.
Hibiscus moving on ‘accelerated schedule’ for Teal West project in North Sea
Anasuria Hibiscus and partner NEO Energy are moving forward with plans for the Teal West project in the UK North Sea on an “accelerated schedule”.
Hibiscus expects Anasuria FPSO production woes to roll into 2022
Constrained production troubles at the Hibiscus Petroleum Anasuria FPSO are expected to continue well into next year.
Hibiscus enters ‘exclusivity arrangements’ on Marigold FPSO
Hibiscus Petroleum has said it has now entered into “exclusivity arrangements” on an FPSO for its Marigold project in the North Sea.
Anasuria appoints former Petrofac North Sea boss as chief operating officer
Anasuria Operating Company has appointed Peter Kavanagh, a former North Sea boss at Petrofac in Aberdeen, as its new chief operating officer.
Anasuria Hibiscus revenues fall 98% as firm delays oil sales
Revenues at Anasuria Hibiscus UK have dropped 98% as the company deferred oil sales in hopes of a recovery in the price of Brent Crude.
North Sea FPSO stocks up over concerns of ‘limited’ food supply
A North Sea operator has said it is increasing food stocks on its flagship production asset “in case supply becomes limited” due to the Covid-19 outbreak.
Profits sink at Hibiscus’ UK business
Maintenance on its main production vessel and a drop in the oil price more than halved profits at Malaysia’s Anasuria Hibiscus.