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.
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.
Hurricane Energy’s exploration adventure offshore UK is the most exciting of them all, in my view.
Westwood Global Energy reports that as of December 31 there were two active exploration wells drilling in the UK.
Hurricane Energy has announced it expects revenues generated from its Lancaster field West of Shetland to reach $165m (£123m) in the 2019 financial year.
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.
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 has announced it will begin testing on its Warwick West well today.
Centrica has formally launched the process of selling off its stake in North Sea explorer Spirit Energy, according to a news report.
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.
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.
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”.
Exploration firm Hurricane Energy has officially confirmed the discovery of "light oil" at its West of Shetland Lincoln Crestal well.
Hurricane Energy has confirmed it has struck oil at its Lincoln Crestal well in the West of Shetland.
Hurricane Energy said today that production from its Lancaster field had been "promising" since the delivery of first oil in June, despite flowline "constraints".
Westwood Global Energy reports that as of 22 August there were two active exploration wells and six appraisal wells drilling in the UK.
Oil and Gas UK (OGUK) has said its two new boardroom appointments will be tasked with boltering ongoing efforts at increasing North Sea competitiveness and leading the charge toward the UK's net zero emissions target.
Hurricane Energy has started drilling its Lincoln Crestal well in the West of Shetland.
Hurricane Energy has announced its highly anticipated Warwick Deep well has not encountered commercial rates of oil and gas.
UK-based oil and gas firm Hurricane Energy has announced that it's first lift from the west of Shetland Lancaster field has "generated first revenue".
Medium-sized oil companies are finding it more difficult to secure investment as fund managers’ attitudes to fossil fuels worsen, an industry stalwart said.
Hurricane Energy has begun the "start-up" phase at its flagship Lancaster field, west of Shetland.
UK oil and gas firm Hurricane Energy has announced it has spudded its first well at Warwick Deep, west of Shetland.
Exploration and production firm Spirit Energy generated almost £500 million worth of profit in 2018 − its first full year in business.
After weeks of delays, the Transocean Leader rig is now heading to the Greater Warwick Area (GWA) west of Shetland for Spirit Energy.