Hurricane Energy has warned a “material downgrade” is possible to its 2.6billion barrel contingent resources following a technical review of its operations.
West of Shetland
Ambitious plans for a new Energy Hub have been unveiled with hopes for hundreds of jobs and to make giant oil and gas fields in the West of Shetland "net zero by 2030”.
Robert Trice’s exit from Hurricane Energy is “disappointing news” and a “big blow” for the company, an analyst has said.
Hurricane Energy’s boss has thanked the UK oil and gas industry’s regulator for giving the company more breathing room with its licence obligations.
The shut-in of one of the Lancaster field’s two production wells is a “bump in the road” that didn’t warrant such a large drop in Hurricane Energy shares, an analyst said.
Hurricane Energy has suffered the disappointment of having to shut-in one of the two production wells at its Lancaster field, west of Shetland.
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.
A series of North Sea operators are working to remove cabin sharing offshore “wherever possible” in order to prevent the spread of the coronavirus.
A “seriously ill” offshore worker has contracted coronavirus and been airlifted to hospital from Hurricane Energy’s Lancaster field in the West of Shetland.
London-listed Hurricane Energy has welcomed the Oil and Gas Authority's (OGA's) pledge to help struggling companies by considering relaxing licence commitments.
Workers have voted “emphatically” in favour of strike action at the Sullom Voe terminal in Shetland.
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.
An institutional investor backing Hurricane Energy has branded the oil firm a “key detractor” to its recent performance.
One of the largest offshore discoveries in UK waters of the last decade has had its recoverable resources cut by 40% following an appraisal well.
The jobs of 100 seafarers have been safeguarded after BP agreed a contract extension with Vroon Offshore Services (VOS) worth around £30million.
Transocean has revealed new details of its contract with Hurricane Energy for work in the west of Shetland.
Projects from Equinor off the UK and Norway will help bring North Sea spending to its highest level in a decade, according to Westwood Global.
BP has pushed back a final investment decision (FID) on its Clair South project to make sure it aligns with low carbon ambitions.
Lower oil and gas prices chopped BP’s profits in half during the final year of Bob Dudley’s tenure as chief executive, the firm revealed yesterday.
BP has announced first oil from the 20 million barrel Alligin field, 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.
Australia-based Spark Exploration is aiming to find partners in the first half of this year for its West of Shetland licences, which potentially contain north of a billion barrels of oil.
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.
Hurricane Energy’s exploration adventure offshore UK is the most exciting of them all, in my view.