Ithaca Energy sinks to £400m losses, eyes extra barrels in Marigold and Isabella
Ithaca Energy sank to losses of £400million in 2020 but the firm is eyeing extra barrels from a pair of North Sea prospects.
marigold
Hibiscus picks Worley for front-end design work on FPSO for Marigold
Malaysian operator Hibiscus Petroleum has picked Worley to provide engineering and design services for its Marigold project in the UK North Sea.
Hibiscus and Ithaca to decide on joint North Sea development project this week
Malaysian operator Hibiscus Petroleum and Ithaca Energy expect to decide whether they can jointly develop a pair of North Sea fields by the end of this week.
Hibiscus enters ‘exclusivity arrangements’ on Marigold FPSO
Hibiscus Petroleum has said it has now entered into “exclusivity arrangements” on an FPSO for its Marigold project in the North Sea.
Anasuria Hibiscus targets March sanction for Marigold project
Anasuria Hibiscus is planning to sanction its Marigold development in the North Sea around March next year.
Anasuria appoints former Petrofac North Sea boss as chief operating officer
Anasuria Operating Company has appointed Peter Kavanagh, a former North Sea boss at Petrofac in Aberdeen, as its new chief operating officer.
Dana, Hibiscus to seek supply chain input on timelines for delayed North Sea projects
Dana Petroleum is going back out to its supply chain for help plotting the way ahead for a UK North Sea development project.
Hibiscus safeguards against virus as it plans Marigold North Sea work next year
Hibiscus Petroleum plans to move ahead with its Marigold project in the UK North Sea next year, with safeguards against delays around Covid-19.
Profits sink at Hibiscus’ UK business
Maintenance on its main production vessel and a drop in the oil price more than halved profits at Malaysia’s Anasuria Hibiscus.
Hibiscus opts to develop North Sea cluster with FPSO
Malaysian firm Hibiscus Petroleum has opted to use a floating production, storage and offloading vessel (FPSO) to develop a number of assets in the UK North Sea.
Malaysian firm presses on with plans for North Sea blocks
Malaysian oil firm Hibiscus Petroleum said today that it expects to have a field development plan in place for two UK North Sea blocks by the end of this year.