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NEWS |
Oil Price Boost for EnQuest
For the first six months of 2022, the group reported pre-tax profits of $416 million, more than double last year’s figure of $175m.
NEWS |
Petrofac awarded North Sea contract extension by EnQuest
Petrofac, a leading provider of services to the global energy industry, is set to take its tenure supporting the Kittiwake platform into two decades, following the award of a contract extension from E (...)
NEWS |
North Sea giant EnQuest cashes in on surging oil prices
EnQuest has highlighted a huge boost to its cash generation from the soaring price of oil and gas as the energy giant returned to the black in its latest financial year, sending its share price up sev (...)
NEWS |
Ex-ConocoPhillips Rep Joining OGUK
Industry body Oil & Gas UK (OGUK) has announced that it has appointed EnQuest HSEA Director Mark Wilson as its incoming Health, Safety and Environment Director.
NEWS |
UK's EnQuest sees 'great future' for Brent mainstay Magnus as BP link severed
North Sea operator EnQuest sees a long life ahead for its Magnus oil field, a traditional mainstay of Brent crude supply, despite recent technical troubles and a decision to sever a dependence on gas (...)
NEWS |
North Sea oil firm wins London investor backing for bumper deal
North Sea-focused EnQuest has received resounding support for a bumper acquisition in a success that suggests City investors still see potential in the oil and gas business in the area.
NEWS |
EnQuest closes acquisition of Whalsay’s Bentley field in UK North Sea
UK oil and gas company EnQuest has completed the buy of a 100 per cent equity interest in the P.1078 license containing the proven Bentley heavy-oil discovery from Whalsay Energy.
NEWS |
Petrofac secures North Sea Duty Holder contract extension
Petrofac will build on its 18-year tenure supporting the Kittiwake platform in the UKCS, following the award of a one-year contract extension from EnQuest.
NEWS |
EnQuest inks new $750 million debt facility to finance Golden Eagle deal
UK oil and gas company EnQuest has signed a new senior secured borrowing base debt facility for $750 million to enable refinancing and the acquisition of Golden Eagle area in the UK North Sea from Sun (...)
NEWS |
EnQuest buys North Sea oil field for just $2m upfront
EnQuest has signed a share purchase agreement (SPA) with Whalsay Energy Holdings to purchase its entire equity interest in the P1078 licence containing the proven Bentley heavy-oil discovery.
NEWS |
OGV Energy’s oil and gas weekly update
EnQuest Plc inked a deal to divest the majority of the Eagle discovery, in the North Sea, for a nominal dollar....
NEWS |
EnQuest signs agreement to acquire equity interest in the Golden Eagle development
EnQuest PLC (together with its subsidiaries, ‘EnQuest’), an independent oil and gas production and development company listed on the London and Stockholm stock exchanges (ENQ.L and ENQ.ST), is pleased (...)
NEWS |
EnQuest operator of Bressay project with Equinor deal close
EnQuest PLC is now operator of Brassay oil field offshore UK following completion of a July 2020 deal with Equinor (OGJ Online, July 31, 2020).
NEWS |
Enquest chase BP for £26m unpaid debt
UK based petroleum exploration and production company, EnQuest, has recently launched a legal claim against BP worth around £26 million as they, allegedly, failed to pay invoices relating to Sullom Vo (...)
NEWS |
EnQuest and ORE Catapult join AFBE-UK Scotland
AFBE-UK Scotland, a social enterprise which promotes diversity and inclusion, has announced that EnQuest and the Offshore Renewable Energy (ORE) Catapult have signed up as corporate partners.
NEWS |
EnQuest buys stake in Equinor’s UK offshore Bressay field
EnQuest PLC has announced a sale and purchase agreement with Equinor for a 40.81% equity interest in the UK offshore Bressay oil field.
NEWS |
Energy / Sullom Voe Terminal operator to cut 530 roles in UK as consultation period begins
THE OPERATOR of Sullom Voe Terminal has confirmed that it plans to cut 530 roles across its UK operations in response to the low oil price.
NEWS |
Oil and gas firm cuts valuation of North Sea portfolio by £500m
EnQuest has slashed the valuation of its North Sea portfolio by around £500 million as it prepares to implement deep spending cuts in response to the crude price plunge.
NEWS |
UK North Sea oil producer EnQuest lowers 2020 breakeven to $33 per barrel
British North Sea oil and gas producer EnQuest cut its operating costs by a further $40 million to $335 million from previous guidance and senior management will take a voluntary 20% pay cut to weathe (...)
NEWS |
Today's Oil & Gas Update - Genel Energy, Enquest, 88 Energy and more...
Genel Energy: Strong FY19 results, dividend maintained EnQuest: Highly leveraged and under-hedged SDX Energy: Encouraging well result in Morocco 88 Energy: Production hole at Charlie-1 commences
NEWS |
EnQuest may retire two North Sea fields following latest downturn
EnQuest has been reassessing its North Sea assets and related spending plans in light of the current lower oil price.
NEWS |
Workers at oil and gas terminal vote for strike action
Unite the Union said 94% of those who took part in a ballot have 'taken an emphatic stand' in favour of strike action.
NEWS |
EnQuest secures Block PM409 PSC offshore Malaysia from Petronas
Oil and gas production and development firm EnQuest has secured Block PM409 production sharing contract (PSC) offshore Peninsular Malaysia from Petronas.
NEWS |
Workers evacuated from North Sea platform off Shetland
A North Sea oil platform has been shut down and workers taken off, following a subsea structural inspection.
NEWS |
Sullom Voe: EnQuest to cut 80 jobs at Shetland oil terminal
Oil company EnQuest is to cut about a fifth of its workforce at the Sullom Voe terminal in Shetland.
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