Shareholders get behind EnQuest’s Golden Eagle swoop
Investors have resoundingly backed EnQuest’s plans to buy into the Golden Eagle area of the UK North Sea.
EnQuest
px Group and Cerulean eye green hydrogen partnership
Industrial facilities operator px Group has agreed to join forces with Cerulean Winds for the development of three onshore green hydrogen production sites in the UK.
EnQuest completes Bentley acquisition from Whalsay
EnQuest has announced the completion of its acquisition of the Bentley field, one of the North Sea’s largest untapped discoveries, from Whalsay Energy.
EnQuest outlines details of £36m equity raise for Golden Eagle deal
London-listed oil firm EnQuest today announced details of a £36 million equity raise intended to help it pay for a UK North Sea acquisition.
Petrofac wins duty holder contract extension at EnQuest Kittiwake platform
Petrofac has won the right to extend its time as duty-holder of the EnQuest-operated Kittiwake platform in the North Sea.
CNOOC celebrates production boost at Golden Eagle
A drilling campaign has boosted production at CNOOC International’s Golden Eagle field in the UK North Sea.
New debt facility sets up EnQuest to complete Golden Eagle swoop
EnQuest has clinched a new £530 million debt facility, smoothing a path for its refinancing and acquisition of stakes in the Golden Eagle field.
Northern Producer ‘expected’ to be broken up at Kishorn
The Northern Producer floating production vessel is “expected” to be dismantled at Kishorn, according to the head of decommissioning at EnQuest.
EnQuest bid to refinance for Golden Eagle deal ‘on track’, Magnus hit by outages
EnQuest said today that it is “on track” to refinance its senior credit facility, paving the way for it to complete a North Sea acquisition.
EnQuest boss joins board of Decom North Sea
The head of decommissioning at EnQuest has joined the board of industry trade body, Decom North Sea.
Sullom Voe towage workers to strike in ongoing dispute with local authority
Scores of tug and towage workers at Sullom Voe Terminal, who are locked in a dispute with the local authority, have voted in favour of striking.
‘I wish EnQuest well’ says Xcite boss on ‘challenging’ Bentley discovery
A boss of the collapsed firm Xcite Energy, which used to own the Bentley discovery, has wished new operator EnQuest well on the project.
EnQuest buying Bentley discovery from Whalsay for up to $42m
EnQuest has announced it will buy Bentley, one of the North Sea’s largest undeveloped discoveries, from Whalsay Energy in a deal worth up to $42million (£30m).
Northern Producer heading off from EnQuest field for Kishorn
EnQuest has announced the Northern Producer floating production facility (FPF) is getting ready to leave the North Sea to head for Kishorn on Scotland’s west coast.
EnQuest hands in decommissioning plan for fire-hit Heather platform
EnQuest has handed in the decommissioning plans for its Heather platform in the North Sea.
Sullom Voe Terminal tug and towage workers to be balloted on strike action
Dozens of workers at a crucial oil processing hub in Shetland will be asked whether they back industrial action as part of an ongoing dispute with the local authority.
Weather conditions bring evacuations of multiple North Sea platforms and dozens of cancelled flights
Several North Sea platforms have been downmanned over the last few days due to adverse weather conditions.
‘Significant interest’ shown in EnQuest owned vessel
EnQuest’s chief executive says the oil firm has received offers for the vessel which served its Alma-Galia fields.
EnQuest bullish on arresting natural decline at core fields and keeping BP as a Sullom Voe client
Bosses at EnQuest said yesterday they were confident of addressing natural production decline at the firm’s core oilfields, adding they have plenty of “ammo” left.
EnQuest cuts debt in 2020 but remains deep in the red
Exploration and production firm EnQuest managed to reduce its debt pile to its lowest level since 2014 and narrow its losses in 2020 despite the oil price slump.
BP fielding final bids for package of North Sea assets
BP is fielding final bids from a handful of junior energy companies for its North Sea assets, according to people familiar with the matter.
EnQuest starts shutting down production from Dons fields
EnQuest said today that work to halt production from the Dons fields in the UK North Sea had begun.
Transparent pay gap reporting highlights progress towards gender balance in oil and gas
Transparency in reporting is producing results, with most operators showing year on year improvements towards gender balance. We encourage all employers to publish their data without delay, and use it to drive their action plans. With metrics like the median pay gap (-3% to 46%), percentage of women at the top (5% to 35%) and percentage of women overall (11% to 41%) varying massively between organisations, it’s clear balance is attainable within our industry but it takes sustained determination at all levels of leadership.
Strong showing from Kraken boosts Bumi Armada profits
Profits at Bumi Armada jumped last year thanks to a strong showing from its Armada Kraken FPSO in the North Sea.
EnQuest farms-down Eagle discovery to Hibiscus for $1
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.