‘Life and death situation’ as worker confirmed with virus at Hurricane’s Lancaster field
A “seriously ill” offshore worker has contracted coronavirus and been airlifted to hospital from Hurricane Energy’s Lancaster field in the West of Shetland.
Hurricane Energy
Hurricane ‘engages’ with OGA on flexible approach
London-listed Hurricane Energy has welcomed the Oil and Gas Authority's (OGA's) pledge to help struggling companies by considering relaxing licence commitments.
Updated: Hurricane narrows losses, but Lincoln frustrations continue
Hurricane Energy narrowed its losses considerably in its first financial year with production from the UK continental shelf.
Hurricane and Spirit Energy amend Greater Warwick deal after plans are stalled
Hurricane Energy and Spirit Energy have gone back to the drawing board for their Greater Warwick Area (GWA) joint venture, which will see Hurricane take on additional costs.
Activist investor brands Hurricane ‘key detractor’ to recent performance
An institutional investor backing Hurricane Energy has branded the oil firm a “key detractor” to its recent performance.
Hurricane Energy CFO stands down
Hurricane Energy has announced today that its chief financial officer (CFO) and director will stand down from his position at the firm.
Transocean reveals new details of Hurricane Energy contract
Transocean has revealed new details of its contract with Hurricane Energy for work in the west of Shetland.
Hurricane, Spirit rule out Lincoln Crestal tieback in 2020
Hurricane Energy has confirmed that the Lincoln Crestal well won’t be tied back to the floating production vessel on its nearby Lancaster field this year.
‘Knee-jerk reaction’ from investors led to Hurricane Energy’s 20% share price slide
A “knee-jerk” reaction from investors to a combination of factors including recent results, Brexit and the coronavirus have been blamed for a 20% slide in Hurricane Energy’s share price.
Hurricane Energy ‘not aware of any operational reasons’ for 20% drop in share price
Hurricane Energy has insisted it is “not aware of any subsurface, operational or commercial reasons” for a steep decline in its share price in the last week.
Spark Exploration targets deal on billion-barrel West of Shetland licences
Australia-based Spark Exploration is aiming to find partners in the first half of this year for its West of Shetland licences, which potentially contain north of a billion barrels of oil.
The other side of Lerwick’s story
Lerwick harbour continues to add to its reputation as a leading support hub for the oil and gas industry in northern waters through its contribution to the offshore sector’s operations west of Shetland.
Exploration headwinds force Hurricane to alter course
Hurricane Energy’s exploration adventure offshore UK is the most exciting of them all, in my view.
Explorers to keep up the chase in 2020
Westwood Global Energy reports that as of December 31 there were two active exploration wells drilling in the UK.
Hurricane Energy projects $165m revenues as Lancaster field ‘surpasses expectations’
Hurricane Energy has announced it expects revenues generated from its Lancaster field West of Shetland to reach $165m (£123m) in the 2019 financial year.
UK exploration up but success rate ‘falls off a cliff’
Exploration activity in the UK North Sea has picked up substantially since last year, but the success rate has “fallen off a cliff”, an analyst has said.
Private capital from afar to play greater role in North Sea growth as sentiment darkens
The UK North Sea will welcome more cash from overseas to bridge the gap left by traditional investors who are turning their backs on oil and gas, a new report said.
Hurricane Energy to begin testing at Warwick West
Hurricane Energy has announced it will begin testing on its Warwick West well today.
Centrica formally launches sale of Spirit Energy – report
Centrica has formally launched the process of selling off its stake in North Sea explorer Spirit Energy, according to a news report.
Monthly update on North Sea exploration: Three UK wells active
At the end of September there were three active exploration wells and four appraisal wells being drilled in the UK, according to Westwood Global Energy. Two E&A wells were spudded and three were completed during September.
Updated: Hurricane starts exploring options for full Lancaster development
Hurricane Energy has started exploring options for a full-scale development of the area which delivered the firm’s maiden revenue in the first half of 2019.
Hurricane delivers boost for Crystal Amber
One of the institutional investors backing oil firm Hurricane Energy said yesterday it had received a £17.9 million boost from the North Sea oil firm’s “year of great achievement”.
Hurricane ‘delighted’ with discovery of ‘light oil’ at Lincoln Crestal
Exploration firm Hurricane Energy has officially confirmed the discovery of "light oil" at its West of Shetland Lincoln Crestal well.
Hurricane Energy strikes oil at Lincoln Crestal
Hurricane Energy has confirmed it has struck oil at its Lincoln Crestal well in the West of Shetland.
Hurricane says early results from Lancaster ‘promising’ despite constraints
Hurricane Energy said today that production from its Lancaster field had been "promising" since the delivery of first oil in June, despite flowline "constraints".