EnQuest has agreed to farm-down an 85% stake in its Eagle discovery in the North Sea to Anasuria Hibiscus for a “nominal” $1 fee.
An animal welfare charity rescued a rare sea eagle found with a head injury near a wind farm on moorland in Lewis.
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
EnQuest has taken a step forward on the path to first oil from the Eagle field, which was the subject of a dispute with Dana Petroleum in 2016-17.
Oil producer EnQuest said yesterday it had struck an agreement with Dana Petroleum on the Eagle discovery in the central North Sea.
EnQuest said today that Dana Petroleum had "confirmed its intention" to exit the Eagle discovery in the central North Sea.
Dana Petroleum today hit out after Enquest drilled an exploration well at the centre of the North Sea's latest oil find without its consent to do so, according a statement posted on its website.
EnQuest has confirmed an oil discovery at its Eagle exploration well in the North Sea.