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.
KCA Deutag (KCAD) has won a multi-million pound drilling contract for three EnQuest platforms in the UK North Sea.
EnQuest today reported a near-50% increase in production across the group last year, and predicted a 20% jump in 2019.
North Sea oil firm Repsol Sinopec Resources UK (RSRUK) has opted to stick with three week offshore rotas on its platforms after concluding a review.
EnQuest has announced plans to review offshore rotas for workers on several of its North Sea assets.
Fledgling well construction firm DeltaTek Global has strengthened its ranks with a key appointment.
UK oil firm EnQuest said today that it expected to increase production by 20% next year.
EnQuest's £230 million acquisition of the remaining 75% interest in the Magnus oil field from BP has been completed.