Cairn to spearhead more North Sea exploration, content with Kraken, Catcher stakes
Scottish oil firm Cairn Energy said yesterday that it would get to work on its first operated exploration well in UK waters later this year.
Scottish oil firm Cairn Energy said yesterday that it would get to work on its first operated exploration well in UK waters later this year.
North Sea oil firm Spirit Energy has appointed EnQuest's former chief operating officer as its technical and HSE director.
There could be a “glut or a delay” in North Sea merger and acquisition activity towards the end of 2018, as firms wrap their heads around the prospect of transferable tax history legislation.
North Sea oil producer EnQuest said today it had managed to knock down the cost of its Kraken field project, which started producing in June.
Odfjell Drilling has put forward another revised pay offer after north-east workers voted to reject earlier proposals.
A deal to put EnQuest in charge of decommissioning two North Sea fields should drive down costs, an analyst said yesterday.
Enquest this morning confirmed it has struck a $50million deal with BP to absorb the decommissioning management of two of the oil major's North Sea fields.
An issue with the water supply at the North Sea Magnus platform, which led to a contamination issue with diesel last year, has now been fixed.
North Sea oil firm EnQuest is trying to sell a 20% stake in its £2billion Kraken field, a news report said.
Oil producer EnQuest said today that its chief operating officer had left the company "by mutual agreement".
Oil firm EnQuest has been ordered to improve safety procedures after high oxygen levels were discovered in an oil tank system on one of its installations.
A manager at EnQuest said yesterday that the company felt “blessed, not cursed” after completing a deal to become operator of another North Sea field and a major oil terminal.
EnQuest became the operator of another North Sea field and a major oil terminal today.
Enquest's flagship North Sea Kraken development has got off to a flying production start.
Oil firm EnQuest said today that it had received a multi-million pound cash boost as part of its ongoing drive to improve liquidity.
The vessel on EnQuest’s Kraken field in the North Sea has made its first oil cargo delivery in what is thought to be fastest operation of its kind in the past decade.
North Sea oil and gas operator EnQuest plans to make “select investments” in its existing portfolio, chief executive Amjad Bseisu said yesterday.
Oil producer EnQuest said yesterday it had struck an agreement with Dana Petroleum on the Eagle discovery in the central North Sea.
EnQuest said today that Dana Petroleum had "confirmed its intention" to exit the Eagle discovery in the central North Sea.
EnQuest said today that operational issues with the FPSO for the Kraken field had forced the North Sea operator to lower its short-term production forecasts.
The Oil and Gas Authority (OGA) has dished out a dozen licences to 10 companies in its supplementary 2016 North Sea bidding round.
An oil and gas services firm launched in Aberdeen just over two years ago has invested £3million in new headquarters amid plans to double the size of its workforce during the next year.
Mariner’s job creation is a further boost for the North Sea after a flurry of recruitment announcements by the oil and gas industry.
EnQuest Plc climbed the most in three months in London trading on speculation borrowings will fall following the start of production at its Kraken oil field in the U.K. North Sea.
EnQuest is determined to keep its “growth story” going after overcoming a period of uncertainty to achieve first oil from the Kraken field.