EnQuest calls for scrapping windfall tax as commodity prices drop
The company warned it is on the hook for around $100 million under the UK windfall tax.
EnQuest
Energy Vocations: Why Nexos’ Ashley Cruickshank chose a life in the North Sea over golf
Energy Vocations is the monthly series in which Energy Voice speaks to workers who keep the UK's lights on.
EnQuest drops takeover bid for North Sea rival Serica Energy
North Sea operator EnQuest will no longer proceed with a takeover bid for UK independent Serica Energy, the firm announced today.
EnQuest continues international expansion with Indonesian assets
North Sea operator EnQuest has been granted approval for two Indonesian gas fields under Production Sharing Contracts (PSC).
North Sea merger mania: is ‘the writing is on the wall’?
Recent transactions have hinted of a new shape taking place based on current commercial realities and around three key North Sea fields.
EnQuest reports drop in production and revenues across 2024
North Sea operator EnQuest (LON: ENQ) has reported a drop in production and earnings across 2024 as the company released its full-year results.
Serica Energy makes share filing in wake of EnQuest takeover bid
EnQuest’s proposed takeover of North Sea rival Serica Energy has potentially come closer as Serica files papers under the UK takeover code.
EnQuest launches bid for Serica Energy
Serica Energy and EnQuest are in discussions about a possible transaction to combine the two companies.
EnQuest says several UK transactions “progressing”
EnQuest (LON:ENQ) has said it is progressing several UK transaction processes as its looks to deliver value-accretive growth in the country.
EnQuest picks up Harbour Energy Vietnam assets in $84 million deal
Aberdeen-based EnQuest (LON: ENQ) has acquired Harbour Energy's (LON: HBR) Vietnam business as part of a $84 million deal to "grow its international operating footprint".
EnQuest secures additional Malaysian gas resources
UK energy company EnQuest (LON:ENQ) has been awarded the rights to develop additional resources from its Seligi field gas resources in Malaysia.
EnQuest offers up work to remove ‘debris’ from Heather field
EnQuest has offered up work for “subsea clearance” at its historic Heather field as it forges ahead with its decommissioning plan.
EnQuest warns of hit to 2024 production due to Ninian outage
EnQuest (LON:ENQ) has warned that the unplanned outage at the Ninian Central platform will affect its expected output for the year.
Nexos secures North Sea HVAC crew deal with EnQuest
Aberdeen offshore services provider Nexos has secured a contract with North Sea operator EnQuest (LON:ENQ) to provide HVAC services at its Thistle and Magnus platforms.
North Sea oil pollution ‘grossly underestimated’, report finds
North Sea oil pollution has been "grossly underestimated" due to an opaque and misleading reporting system and ineffective regulations, a report has found.
The North Sea semisub market may seem buoyant, but looks can be deceiving
The North Sea semisubmersible (semisub) market hit 100% utilisation at the height of summer this year, however the reality is that shrinking supply has accentuated this, rather than soaring demand.
£4billion in the balance: EnQuest CEO warns of impact of UK tax levy on investment
Another North Sea major has weighed in on the how the Energy Profits Levy will cause "irreversible damage to an indigenous and strategically important UK industry".
CalEnergy seeks to drill two new North Sea exploration wells
CalEnergy Resources is seeking a partner to drill two new exploration and appraisal wells, according to data from the North Sea Transition Authority’s (NSTA’s) Pathfinder database.
Labour “fails” oil and gas industry as policies risk downgrades for Ithaca and EnQuest
Ithaca Energy and EnQuest are among the North Sea oil and gas producers most at risk from Labour’s policy changes, ratings agency Moody’s has said.
The Euros and Oil: UK skills risk ‘being benched’
The Euros started with disappointment for Scotland fans and the energy transition risks going the same way for skilled oil workers, Global E&C’s CEO explained.
Bristow helicopter strikes: Workers ‘stuck’ on North Sea platform
This comes as Bristow pilots are set to begin strike action across the UK today.
OEUK appoints trio of North Sea bosses to its board
Trade body Offshore Energies UK has made a series of appointments to its board with North Sea bosses from Well-Safe Solutions, EnQuest and Wood all joining.
EnQuest plans ‘funnel’ of UK North Sea’s largest oil projects
Boss says EnQuest will "prove up" heavy oil capabilities on Bressay before targeting Bentley.
First full year of windfall tax drives EnQuest to loss
North Sea operator EnQuest (LON:ENQ) posted a loss in its 2023 full year financial results, reflecting the impact of the UK government's windfall tax on oil and gas firms.
UK North Sea league table sees shift in top producers
There’s been a raft of relegations and promotions in the last year for the league table of the top 15 production hubs in the UK North Sea.