EnQuest outlines plans for landing Eagle field
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.
EnQuest
Updated: BP admits to safety failings after £400k fine over Shetland spill
BP was fined £400,000 yesterday for spilling almost four tonnes of crude oil in Shetland nearly seven years ago.
Cairn Energy to ‘keep an eye’ on North Sea for future acquisitions after profit surge
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.
‘Compelling’ case to keep using Sullom Voe, EnQuest says
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.
Half year profit up for EnQuest as chairman steps down
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.
Ninian North ‘fully ready’ for single-lift decommissioning job
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.
SNP tidal energy hopeful wants to ‘maximise’ Shetland oil and gas extraction
A Scottish National Party (SNP) candidate and tidal energy expert said he wants Shetland to "maximise" the island's oil and gas extraction.
Updated: EnQuest to cut 80 jobs at Shetland oil terminal
Oil firm EnQuest said that about 80 employees would lose their jobs at a major terminal in Shetland by the end of 2019.
Newcomer Seapulse more than happy to play risk game
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 hails 25% boost to production thanks to North Sea operations
EnQuest has seen a 25% yearly boost to its oil and gas production thanks to strong performance from its North Sea operations.
Cairn ‘knows what needs to be done’ with North Sea Kraken field
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.
Updated: Seapulse entry continues North Sea ‘trend’ of private equity newcomers
A “trend” of private equity-backed newcomers to the North Sea has been carried on with the entry of Seapulse.
Bumi Armada eyes vessel sales after refinancing
Malaysia’s Bumi Armada has announced plans to sell certain “idle” floating production vessels after a major debt restructuring programme.
Suspicious package found near Sullom Voe Terminal ‘false alarm’
Police have confirmed that the discovery of a suspicious package near the Sullom Voe oil and gas terminal was a "false alarm".
EnQuest CEO gets 35% boost to pay package
EnQuest CEO Amjad Bseisu saw his take-home pay increase by more than a third in 2018 to £1,352,000.
EnQuest confirms rota change for hundreds of North Sea workers
North Sea oil firm EnQuest has confirmed it will change rota patterns for hundreds of its offshore workers.
EnQuest takes on 146 staff from Petrofac
Dozens of Petrofac workers have this week transferred over to North Sea operator EnQuest.
Losses widen for KCA Deutag despite ‘robust’ North Sea work
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.
Infinity hires industry veteran to lead subsea operations
Aberdeenshire-based engineering firm Infinity has hired its first subsea operations team lead.
North Sea could hold further discoveries to extend lifespan, says EnQuest boss
The boss of North Sea oil producer EnQuest said yesterday he believed the region could yield further discoveries to extend its lifespan.
EnQuest sees major profit surge in 2018
EnQuest today reported a major jump in profits for 2018, justifying many of its asset purchases last year.
Kraken woes won’t deter Cairn on North Sea investment
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 denies Kraken reserves downgrade
EnQuest today denied that the reserves estimate for its Kraken field had been downgraded.
Seapulse announces exploration pact with EnQuest
Offshore explorer Seapulse has entered into a pact with EnQuest.
Bumi Armada blames loss on Kraken ‘difficulties’, announces new CEO
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.