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.
BP was fined £400,000 yesterday for spilling almost four tonnes of crude oil in Shetland nearly seven years ago.
The North Sea remains an “active market” and a basin to “keep an eye on” for future acquisitions, said the boss of Cairn Energy yesterday after his firm shot to profit.
EnQuest bosses insisted yesterday they had a “compelling” case for the Sullom Voe oil terminal in Shetland, despite fears the facility may lose a key customer.
North Sea oil firm EnQuest has announced a significant surge in half year profits as its chairman steps down to be replaced by Martin Houston.
Canadian Natural Resources International (CNRI) has announced it has completed a preparation campaign to dismantle a 12,500 tonne oil platform in the North Sea.
A Scottish National Party (SNP) candidate and tidal energy expert said he wants Shetland to "maximise" the island's oil and gas extraction.
Oil firm EnQuest said that about 80 employees would lose their jobs at a major terminal in Shetland by the end of 2019.
Recognising that exploration is an inherently risky business is the name of the game for newcomer Seapulse, which is working out new ways to play it.
EnQuest has seen a 25% yearly boost to its oil and gas production thanks to strong performance from its North Sea operations.
Scottish oil firm Cairn Energy has said it has lived up to its production guidance for the first part of 2019 and hailed the performance of the North Sea Catcher field.
A “trend” of private equity-backed newcomers to the North Sea has been carried on with the entry of Seapulse.
Malaysia’s Bumi Armada has announced plans to sell certain “idle” floating production vessels after a major debt restructuring programme.
Police have confirmed that the discovery of a suspicious package near the Sullom Voe oil and gas terminal was a "false alarm".
EnQuest CEO Amjad Bseisu saw his take-home pay increase by more than a third in 2018 to £1,352,000.
North Sea oil firm EnQuest has confirmed it will change rota patterns for hundreds of its offshore workers.
Dozens of Petrofac workers have this week transferred over to North Sea operator EnQuest.
Aberdeen-based KCA Deutag saw its losses widen by 68% in its full year accounts yesterday, despite a “robust” performance from its North Sea business.
Aberdeenshire-based engineering firm Infinity has hired its first subsea operations team lead.
The boss of North Sea oil producer EnQuest said yesterday he believed the region could yield further discoveries to extend its lifespan.
EnQuest today reported a major jump in profits for 2018, justifying many of its asset purchases last year.
Cairn Energy’s chief executive has said costs around the Kraken project will not deter the firm from further investment in the North Sea.
EnQuest today denied that the reserves estimate for its Kraken field had been downgraded.
Offshore explorer Seapulse has entered into a pact with EnQuest.
Malaysia’s Bumi Armada has sunk to a £426million pre-tax loss which it largely blamed on impairment charges for the Kraken FPSO in the North Sea.