Production shut down on North Sea FPSO as another worker airlifted
Production on a North Sea vessel has been shut down in response to the removal of a crew member with “flu-like symptoms”.
spirit Energy
Worker airlifted from North Sea vessel tests positive for Covid-19
A workers who was airlifted from a UK North Sea platform has tested positive for the Covid-19 virus.
Centrica ‘pauses’ Spirit Energy sale until markets settle
Utilities giant Centrica has "paused" the sale of its stake in Spirit Energy due to the economic meltdown caused by the Covid-19 outbreak and oil price war.
North Sea helicopter flights to reduce by up to 30% due to Covid-19 outbreak
North Sea helicopter flights are expected to reduce by up to 30% over the next two weeks due to the effect of the coronavirus outbreak.
New well to keep Chestnut field producing for three more years, Spirit says
Oil and gas firm Spirit Energy has given the Chestnut field in the UK North Sea a three-year life extension by drilling a new production well.
Multiple Covid-19 cases quarantined on EnQuest Magnus platform
Oil and gas operator EnQuest is understood to have multiple suspected coronavirus cases on board a Northern North Sea platform.
More than a dozen North Sea projects face red light due to oil price plummet
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Updated: Hurricane narrows losses, but Lincoln frustrations continue
Hurricane Energy narrowed its losses considerably in its first financial year with production from the UK continental shelf.
New ‘corona copter’ service to remove virus cases from North Sea rigs
A group of North Sea operators have struck a deal with a helicopter operator to bring confirmed and suspected Covid-19 sufferers back to shore.
Unity wins seven-figure well integrity deal with Spirit Energy
Aberdeen-based well integrity specialist Unity has won a seven-figure deal with operator Spirit Energy.
Oil price war may trap private-equity firms in North Sea
The last time crude prices crashed in 2014, the North Sea looked like a treasure trove for private equity looking to buy cheap assets, build them up and sell for a profit. Now, just as these firms are seeking an exit, the oil-price war might leave them trapped
Hurricane and Spirit Energy amend Greater Warwick deal after plans are stalled
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.
Vessel operator Sentinel Marine celebrating raft of deals worth £36m
Offshore support ship operator Sentinel Marine, of Aberdeen, has clinched new contracts and extensions worth £36 million since the start of 2020.
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.
Maintaining the bedrock of the energy industry’s future
I joined the oil and gas industry more than two decades ago, in a year of low oil prices. Securing a job with an energy consultancy felt like a great prize, especially considering that the majority of my fellow geology graduates had chosen to take a different path; largely unrelated to their degrees.
Spirit Energy sells Danish licences to Ineos
Spirit Energy has agreed to sell two non-core Danish assets to petrochemicals giant Ineos.
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.
Centrica anticipates bids for Spirit Energy stake
Utilities giant Centrica said today that it expects to receive initial bids for its stake in Spirit Energy by the end of next month.
Suttie’s First Tech in the red but tycoon’s investment sets up group for bright future
Aberdeen millionaire Ian Suttie’s First Tech was the red in 2018-19, but efforts to bolster the firm’s balance sheet and an influx of contracts have set the group up for a “bright future”.
Hurricane, Spirit rule out Lincoln Crestal tieback in 2020
Hurricane Energy has confirmed that the Lincoln Crestal well won’t be tied back to the floating production vessel on its nearby Lancaster field this year.
Hurricane Energy ‘not aware of any operational reasons’ for 20% drop in 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.
Taqa takes over operatorship of North Sea area from RockRose
RockRose Energy has been ousted as operator of a North Sea hub with Taqa UK set to take over control thanks to a legal challenge brought by its partners.
Busy year ahead for key projects in the North Sea, Neptune boss says
A boss at Neptune Energy said 2020 was shaping up to be the private-equity-backed firm’s busiest year in the UK North Sea as activity ramps up around key projects.
Young professionals preparing for the energy transition
As momentum grows for Vision 2035 and the energy industry strives towards net zero, it is widely recognised that a key part of achieving this will be through the existing workforce; retaining and retraining will create a more flexible, multi-skilled and technologically-aware workforce.
OGA not yet exercised £1million sanctioning powers despite ‘internal debates’
Chief executive Andy Samuel has confirmed the Oil and Gas Authority has not yet needed to exercise its sanctioning powers despite ‘internal debates” on whether the regulator is being stringent enough.