Shelf bags £13m North Sea drilling work with CNOOC
Shelf Drilling has secured a contract for drilling work at CNOOC’s Golden Eagle field in the central North Sea.
golden eagle
Rights secured for 140 North Sea workers as Unite strikes pact with Cnooc
Trade union Unite is hailing a “significant” milestone after signing a recognition deal with a major North Sea operator.
Shakeup in league table of UK North Sea top producers
The league table of the top 15 production hubs in the UK North Sea has seen a raft of changes in the last year.
UK well-slot: Trio of wells in action in the North Sea
As of 24 February, Westwood Global Energy reports that there are two exploration wells, with one each in the NNS and SNS, and one appraisal well active in the CNS. Since the previous report, one exploration well has completed at Orlov.
More North Sea operators tipped to exit basin in 2023
Further North Sea oil and gas players are being tipped to up sticks next year as companies look to streamline their portfolios.
Cnooc’s Golden Eagle field declining faster than anticipated
Production from Cnooc’s Golden Eagle is “lower than expected”, the result of “higher than anticipated rates of decline”.
Equinor considering play for CNOOC’s UK assets: reports
Norway’s Equinor is reportedly considering the purchase of UK oil assets held by Chinese state-backed operator CNOOC International, according to a Norwegian newspaper.
North Sea operators confirm future for Flotta into 2030s and beyond
Repsol Sinopec Resources UK (RSRUK) and CNOOC have confirmed plans to continue exporting oil to the Flotta Terminal for years to come.
Reuters – Cnooc North Sea exit spurred on by fears about potential sanctions
Fears about potential sanctions on Chinese Government assets are driving Cnooc’s departure from the North Sea, it has been reported.
Harbour Energy, NEO and Waldorf all ‘likely’ destinations for Cnooc assets
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
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.
EnQuest completes £240m acquisition of Golden Eagle stake
EnQuest has completed its acquisition of Suncor’s stake in the Golden Eagle field in the UK North Sea.
CNOOC invites ‘alternative strategies’ for Buzzard, Scott and Golden Eagle EPC deal
CNOOC has invited early engagement on the lucrative EPC contract for its Buzzard, Scott and Golden Eagle assets in the North Sea.
Magnus woes dent production for EnQuest
EnQuest took a hit to its production in the first half of 2021 after a series of unplanned issues at Magnus, as well as a drop in output from its flagship Kraken field.
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 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.
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.
CNOOC teases floating wind plan to ‘build a new energy business’ in UK
CNOOC has teased plans to electrify its North Sea platforms through floating wind and “build a new energy business” in the UK.
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 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.
EnQuest to buy Suncor’s North Sea Golden Eagle stakes for £240m
EnQuest has struck a deal to buy Canadian firm Suncor's 26.69% stake in the Golden Eagle area of the UK North Sea for £240 million.
Worley wins two-year North Sea EPC contract with CNOOC
China National Offshore Oil Company (CNOOC) has awarded a two-year North Sea contract to engineering services firm Worley.
Suncor mulls sale of stakes in UK and Norwegian North Sea fields
Canada’s Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the North Sea, according to people with knowledge of the matter.
CNOOC profits and production drop during Riddoch’s final year
CNOOC saw profits and production tumble for its North Sea business in Ray Riddoch’s final year at the helm of the operating company.