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.
Oil and gas operator EnQuest is understood to have multiple suspected coronavirus cases on board a Northern North Sea platform.
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Hurricane Energy narrowed its losses considerably in its first financial year with production from the UK continental shelf.
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.
Aberdeen-based well integrity specialist Unity has won a seven-figure deal with operator Spirit Energy.
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 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.
Offshore support ship operator Sentinel Marine, of Aberdeen, has clinched new contracts and extensions worth £36 million since the start of 2020.
An institutional investor backing Hurricane Energy has branded the oil firm a “key detractor” to its recent performance.
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 has agreed to sell two non-core Danish assets to petrochemicals giant Ineos.
Hurricane Energy has announced today that its chief financial officer (CFO) and director will stand down from his position at the firm.
Utilities giant Centrica said today that it expects to receive initial bids for its stake in Spirit Energy by the end of next month.
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 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 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.
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.
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.
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.
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.
Hurricane Energy’s exploration adventure offshore UK is the most exciting of them all, in my view.
Spirit Energy said today that it would take up the reins as operator of a southern North Sea discovery.
Dutch firm One-Dyas has confirmed an oil discovery with its Ossian-Darach well in the southern North Sea.
Exploration activity in the UK North Sea has picked up substantially since last year, but the success rate has “fallen off a cliff”, an analyst has said.