Bridge receives ‘multiple offers’ for North Sea redevelopment but licence roadblock beckons
Bridge Petroleum has reported “multiple offers” for its Galapagos North Sea redevelopment; however, licensing rules may produce a roadblock.
EnQuest
EnQuest more than doubles profits on high oil price
North Sea operator EnQuest (LON: ENQ) is the latest company to reap the rewards of “strong production” and “high commodity prices”.
EnQuest and Repsol Sinopec set out clutch of upcoming decom contracts
North Sea operators EnQuest (LON:ENQ) and Repsol Sinopec Resources UK have set out a series of upcoming decom contracts for nearly 200 oil and gas wells.
The FPSO is away, but will the BP Foinaven field be redeveloped?
A permanent feature of the West of Shetland for many years, the Foinaven vessel recently left the namesake BP field for the last time.
EnQuest ‘reviewing future capex’ in light of windfall tax incentives
EnQuest (LON:ENQ) has reported a 'good start to the year,' as it focuses on maintaining production and reducing debt, and intends to review its capex plans in the wake of new windfall tax investment incentives.
Petrofac passes 20 years on Kittiwake with new EnQuest extension
Petrofac (LON: PFC) has landed a contract extension with EnQuest – taking it beyond 20 years as the duty holder on the Kittiwake asset in the North Sea.
BP unveils plans to fund new gas pipeline at Sullom Voe terminal
Energy giant BP has confirmed plans to fund a new gas pipeline at the Sullom Voe terminal.
Dana Petroleum appoints new COO from EnQuest
North Sea oil and gas firm Dana Petroleum has announced the appointment of a new chief operating officer.
EnQuest in hunt for new chairman as Martin Houston steps down
North Sea operator EnQuest is searching for a new chairman after incumbent Martin Houston announced his intent to step down.
Windfall Tax deals blow to North Sea firms EnQuest, Serica and Harbour Energy
Researchers have set out the near-term impact on North Sea players from the windfall tax, while EnQuest reportedly is looking elsewhere to invest.
Kraken FPSO ‘almost impossible to electrify’ but EnQuest looks to creative solution
EnQuest has said its Kraken FPSO is “almost impossible to electrify” and is looking at creative alternatives to decarbonise the asset.
‘First-of-its-kind’ study to test geothermal energy at North Sea oil field
Petrofac is to support a “first-of-its-kind” study to test whether oil and gas wells in the North Sea can be repurposed for geothermal energy.
EnQuest reports progress on production issues at Magnus
EnQuest has reported solid production performance for the year to date, as it continues with workover programmes in the North Sea and offshore Malaysia.
EnQuest accountancy boss makes jump to Reabold Resources
London-listed Reabold Resources (LON: RBD) has announced the appointment of a new chief financial officer.
Regulator helping CNR, EnQuest, TAQA and TotalEnergies to halve subsea decom costs
Industry regulator the North Sea Transition Authority (NSTA) has released a new dataset to help four North Sea operators to reduce their decommissioning costs by 50%.
Top North Sea operators to share plans for £1bn combined subsea decom portfolio
A cohort of North Sea oil and gas operators will set out plans for a combined subsea decommissioning campaign this week, as part of efficiency efforts led by the North Sea Transition Authority (NSTA).
‘Various options’ on the table as EnQuest pushes ahead with Bressay and Bentley prospects
Operator EnQuest (LON: ENQ) is exploring a range of options as it draws up plans to develop two major North Sea prospects.
EnQuest swings back to profit despite production woes
EnQuest (LON: ENQ) cut into its debt and moved back into the black in its 2021 results, despite a series of troubles knocking back production levels.
Enquest’s Swinney jumps ship to Tullow
Tullow Oil has appointed Jonathan Swinney as its new CFO, joining from Enquest.
‘Business as usual’ as Russian state-owned tanker visits Shetland
Isles MP Alistair Carmichael said he is at a loss as to how to answer constituents wondering why a Russian state-owned oil tanker is allowed to load at Shetland on the same day Russia has invaded Ukraine.
EnQuest plans largest work programme since 2014 this year
EnQuest (LON: ENQ) plans to carry out its largest sanctioned programme of work since 2014 in the coming year, with a range of drilling and decom in the pipeline.
OGUK appoints new HSE director from EnQuest
Oil and Gas UK (OGUK) has appointed a new health, safety and environment (HSE) director from EnQuest, as incumbent Trevor Stapleton is soon to retire.
Collapsed Aberdeen firm N-Sea owed nearly £300K by EnQuest
Subsea services firm N-Sea was owed nearly £300,000 by EnQuest when its Aberdeen operation collapsed last year.
EnQuest ordered to pay Malaysian contractor £12.7million
UK-listed EnQuest (LON:ENQ) has been ordered to pay 71.6million RM (£12.7million) in a dispute with a Malaysian contractor over offshore works.
EnQuest reprimanded by HSE after fire and explosion risk flagged on Magnus
EnQuest has been pulled up by the offshore watchdog after a fire and explosion risk was identified on one of its North Sea platforms.