Robert Trice, the co-founder and former CEO of Hurricane Energy, took a total pay package of £649,000 last year as the oil firm plunged to losses of £440million.
The “jaw-dropping” reserves downgrade from Hurricane Energy has “dashed hopes” of any major resurgence in UK offshore production, according to Rystad Energy.
Hurricane Energy has appointed a new CEO as a permanent replacement to founder Robert Trice who exited in June.
Hurricane Energy has warned a “material downgrade” is possible to its 2.6billion barrel contingent resources following a technical review of its operations.
Robert Trice’s exit from Hurricane Energy is “disappointing news” and a “big blow” for the company, an analyst has said.
Robert Trice has resigned as chief executive of Hurricane Energy by “mutual agreement” amid a boardroom reshuffle at the firm.
An offshore worker who was evacuated from an installation west of Shetland in a “life and death situation” has now recovered after contracting the coronavirus.
Bosses at North Sea operator Hurricane Energy have announced today that they are "very pleased" with the performance of the firm's Lancaster discovery for the first quarter of 2020.
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.
Transocean has revealed new details of its contract with Hurricane Energy for work in the west of Shetland.
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 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.
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 announced it will begin testing on its Warwick West well today.
Hurricane Energy has confirmed it has struck oil at its Lincoln Crestal well in the West of Shetland.
Hurricane Energy has started drilling its Lincoln Crestal well in the West of Shetland.
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.
After months of setbacks, Hurricane Energy has successfully hooked up its production vessel to its huge Lancaster field west of 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.
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.
The head of Hurricane Energy says the west of Shetland is the “right address to be in” for oil explorers.
Hurricane Energy reported a loss for the first half the year of $4.2million.
Hurricane Energy this morning confirmed it had made the final investment decision (FID) on its early production system (EPS) for its fractured basement Lancaster field.
Hurricane Energy’s plans for the largest undeveloped discovery in the UK North Sea have delivered a bumper pay boost for the firm’s chief executive.