Energy Voice recently reported on Shetland Islands Council's ambitions to retain more tax revenue from oil and gas operations around the isles in its self-determination bid. Jon Fitzpatrick, managing director of consultancy Gneiss Energy, gives his view.
One of Hurricane Energy’s institutional investors has said the oil firm’s recent technical review, which included a huge downgrade to reserves and resources, was “persuasive but not conclusive”.
Hurricane Energy slashed its oil resource estimates in a crushing blow to investors who hoped the firm would become a west of Shetland oil powerhouse.
Hurricane Energy shares nosedived yesterday after the firm issued another warning that the reserves estimate for its flagship Lancaster field, west of Shetland, may require a “material downgrade”.
Hurricane Energy has managed to boost production from its Lancaster field, west of Shetland, using new equipment.
Ambitious plans for a new Energy Hub have been unveiled with hopes for hundreds of jobs and to make giant oil and gas fields in the West of Shetland "net zero by 2030”.
Robert Trice’s exit from Hurricane Energy is “disappointing news” and a “big blow” for the company, an analyst has said.
Hurricane Energy has suffered the disappointment of having to shut-in one of the two production wells at its Lancaster field, west of Shetland.
An institutional investor backing Hurricane Energy has branded the oil firm a “key detractor” to its recent performance.
Hurricane Energy has announced today that its chief financial officer (CFO) and director will stand down from his position at the firm.
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.
Welcoming a new year heralds a time for reflecting on the year that was and what is to come.
Hurricane Energy has announced it expects revenues generated from its Lancaster field West of Shetland to reach $165m (£123m) in the 2019 financial year.
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 Energy narrowed its pre-tax losses in a first half marked by the achievement of first oil from its flagship project west of Shetland.
Hurricane Energy’s successful appraisal of the Lincoln field should restore confidence in the potential of the Greater Warwick Area (GWA), west of Shetland, an analyst has said.
Hurricane Energy has insisted its recent disappointment at Warwick Deep has “no negative read-across” to its other West of Shetland discoveries.
Hurricane Energy has announced its highly anticipated Warwick Deep well has not encountered commercial rates of oil and gas.
First oil from the Lancaster field is “great news” for Hurricane Energy, but the next 12 months are critical for the project, analysts said.
Hurricane Energy’s boss today hailed the firm’s “incredible achievement” of delivering first oil from its flagship North Sea field on time and within budget.
North Sea industry received a shot in the arm yesterday as oil and gas companies reported progress on major projects.
After months of setbacks, Hurricane Energy has successfully hooked up its production vessel to its huge Lancaster field west of Shetland.
Crondall Energy is hoping to leverage its experience on major projects for more work in the west of Shetland (WoS) region.
Spirit Energy’s three-well drilling campaign at the Greater Warwick Area west of Shetland has been knocked back by weeks.