Oil shares massacred in London as crude price war erupts, dragging down Brent
Oil shares were decimated in London this morning after a crude price war erupted between Saudi Arabia and Russia.
Oil shares were decimated in London this morning after a crude price war erupted between Saudi Arabia and Russia.
A document has revealed that UK safety regulators flagged issues with EnQuest’s Thistle platform years before it was evacuated over subsea structural concerns.
A group of operators is making progress on plans to work together on the decommissioning of oil and gas infrastructure worth billions of pounds that sits east of Shetland, an industry chief said.
EnQuest has revealed plans to temporarily leave a pair of 1,200-tonne oil storage tanks from its Thistle platform at the bottom of the North Sea after structural concerns forced their removal.
EnQuest’s decision to cease production from its linked Alma-Galia oilfields effectively brings to a close a 50-year chapter in the annals of the UK North Sea.
Italian engineering services firm Saipem has been contracted to carry out work on EnQuest’s stricken Thistle platform in the UK North Sea.
Shares in EnQuest climbed today despite the company indicating production would drop slightly this year in light of North Sea platform shutdowns.
Serica Energy will shut down three North Sea fields for two months after discovering an underwater structure at its Bruce platform had become “deteriorated”.
Climate change protesters blockaded the headquarters of oil giant Shell yesterday in the first in a series of protests across the Granite City.
Exploration and production firm EnQuest has closed its offices in Aberdeen city centre today as climate change protestors descended on the Granite City.
EnQuest has submitted plans to decommission a North Sea development and its production vessel less than five years after achieving first oil.
Discussions between Enquest and Unite are understood to have broken down as the union announced today it will ballot its members on potential strike action at Shetland's Sullom Voe Terminal.
Oilfield services firm Petrofac has secured a three-year framework deal with operator EnQuest for North Sea services.
BP expects to make a “properly assessed decision” next year on whether to keep exporting oil to Shetland’s Sullom Voe terminal.
Oil firm Enquest has announced the award of a production block off the coast of Malaysia.
Oil firm EnQuest said today that production should grow by about a fifth this year despite having to shut down two of its North Sea fields.
A North Sea platform that had to be evacuated following a subsea inspection will undergo repair work early next year.
EnQuest has announced it recently sent a work party to assess the next steps for its stricken Thistle Alpha platform in the North Sea.
The chairman of the Health and safety Executive (HSE) has warned the North Sea needs to be “constantly vigilant” after a platform was evacuated over structural concerns.
Oil firm EnQuest has said it is working with suppliers on a range of options for restoring the Thistle platform to production.
A north-east energy service firm has won a multi-million-pound deal to carry out construction work on a number of UK North Sea platforms and vessels operated by EnQuest.
The oil and gas industry cannot afford to go into “reverse” on health and safety in the North Sea, a sector chief has warned.
An offshore union has called for a “robust inspection regime” to be imposed after more than 100 workers were evacuated from a North Sea platform over structural concerns.
EnQuest has confirmed that the crew of a North Sea platform that was evacuated yesterday are now being flown ashore.
A union boss has called on operator EnQuest to be transparent about any structural issues with its Thistle platform in the North Sea.