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.
Lancaster
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.
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.
The Atlantic Frontier: A coming of age story
Welcoming a new year heralds a time for reflecting on the year that was and what is to come.
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.
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 narrows losses as Lancaster gives firm ‘greater control of future’
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.
Lincoln well a confidence boost for Greater Warwick potential, analyst says
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 insists West of Shetland dud has no negative impact on other prospects
Hurricane Energy has insisted its recent disappointment at Warwick Deep has “no negative read-across” to its other West of Shetland discoveries.
Warwick Deep proves non-commercial for Hurricane Energy
Hurricane Energy has announced its highly anticipated Warwick Deep well has not encountered commercial rates of oil and gas.
Lancaster first oil ‘great news’, but next 12 months critical, analysts say
First oil from the Lancaster field is “great news” for Hurricane Energy, but the next 12 months are critical for the project, analysts said.
Updated: Hurricane hails first oil from flagship field west of Shetland
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.
Project progress highlights ‘bright future’ for North Sea oil
North Sea industry received a shot in the arm yesterday as oil and gas companies reported progress on major projects.
Hurricane Energy achieves hook-up of FPSO at Lancaster field
After months of setbacks, Hurricane Energy has successfully hooked up its production vessel to its huge Lancaster field west of Shetland.
Crondall Energy targets growth from west of Shetland experience
Crondall Energy is hoping to leverage its experience on major projects for more work in the west of Shetland (WoS) region.
Updated: Spirit’s WoS campaign delayed by Transocean rig
Spirit Energy’s three-well drilling campaign at the Greater Warwick Area west of Shetland has been knocked back by weeks.
Further setback for Hurricane’s Lancaster hook-up
Hurricane Energy has suffered another setback in its efforts to start production from the Lancaster field.
Hurricane hits snag during Lancaster hook-up job
Oil firm Hurricane Energy's efforts to start production from its Lancaster field have suffered a setback.
Expect North Sea exploration fightback in 2019, Woodmac says
A heady cocktail of beefed up budgets and fierce competition for acquisitions will create a “renaissance” for North Sea exploration this year, analysts said.
Hurricane plans ‘seamless execution’ of drilling campaigns off Shetland
The Aoka Mizu vessel was widely expected to have been installed at the Lancaster field by now, with final preparations under way for the long-term oil production trial, beginning in the current quarter.
Hurricane’s Lancaster FPSO arrives in Rotterdam
Hurricane Energy’s FPSO has arrived at what may be its final stop before heading to the Lancaster field west of Shetland.
Is a shale-sized oil boom hiding in UK’s Atlantic bedrock?
On a sunny October morning, members of the The Geological Society pack an ornate lecture theater at their imposing headquarters on London’s Piccadilly. One of their number introduces a scientist who “needs no introduction,” the man people had come to see.
Hurricane’s Lancaster field FPSO undergoing repairs in Spain
Hurricane Energy said today that the FPSO for its flagship North Sea project is undergoing repairs in Spain.
Hurricane’s FPSO sails away ahead of first oil at huge North Sea field
Hurricane Energy has confirmed the sail-away of its floating production, storage and offloading vessel (FPSO), destined for its Lancaster field.