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NEWS |
Shetland production issues weigh on oil company's shares
NORTH Sea-focused EnQuest has seen its shares fall 12 per cent after it said production from a big field off Shetland is set to remain well below initial expectations.
NEWS |
UK North Sea Oil & Gas Review
uk north sea oil and gas review 2019
NEWS |
146 Staff switch from Petrofac to EnQuest
Over 140 staff from Petrofac have this week transferred to North Sea operator EnQuest.
NEWS |
North Sea is “attractive investment proposition” says oil firm eyeing Shetland development
NORTH Sea-focused EnQuest has said the United Kingdom Continental Shelf remains an attractive investment proposition although Brexit could cause some disruption as the firm grapples with production ch (...)
NEWS |
Analysis: Oil and gas firms use winnings from North Sea bets to fund expansion overseas
Oil and gas sector watchers may be concerned that Cairn Energy has cut the valuation of the flagship Kraken field off Shetland by $166 million (£127m) but the company’s experience could still encourag (...)
NEWS |
Enquest awards KCA Deutag a multi-million dollar contract for three UK North Sea platforms
Global drilling and engineering contractor KCA Deutag has announced that its offshore business unit has been awarded a new drilling contract by Enquest Heather Limited for the Magnus, Thistle and Heat (...)
NEWS |
EnQuest Expects 2019 Production Up By 20% As Magnus Oil Output Surges
EnQuest PLC on Tuesday reported double-digit growth in 2018 production, boosted by strong performance at the Magnus oilfield in the UK North Sea.
NEWS |
Repsol Sinopec not budging on three week rotas
North Sea oil firm Repsol Sinopec Resources UK (RSRUK) has opted to stick with three week offshore rotas on its platforms after concluding a review.
NEWS |
EnQuest completes £230m Magnus North Sea oil field deal
Oil and gas firm EnQuest has completed a £230 million deal with BP which sees it take full ownership of the famous Magnus oil field in the North Sea.
NEWS |
Well liked chef dies at Clair Ridge project
Graeme Calder (55) died on the Safe Caledonia accommodation platform, near the BP west of Shetland oil and gas development. Mr Calder, who passed away on Monday, was from Buckie in Moray.
NEWS |
EnQuest Exercises Options With BP Over North Sea Fields
Oil & Gas company EnQuest PLC on Thursday said it has exercised its options with BP PLC relating to the Magnus field, as well as to the Thistle and Deveron fields in the North Sea.
NEWS |
EnQuest aborted sales talks for Kraken stake due to debt deadline - sources
EnQuest (ENQ.L) switched from plans to sell a stake in its flagship North Sea oilfield to borrowing money against it after two sets of sale talks had to be abandoned as a deadline for a debt repayment (...)
NEWS |
Deals this week: Veolia-Peterson JV, EnQuest, Aker BP
The Veolia-Peterson JV has been subcontracted by Allseas to provide decommissioning services in the North Sea.
NEWS |
EnQuest plans $138 million rights issue to buy all of Magnus oil field
UK-focused oil company EnQuest which already owns a quarter of the Magnus oil field, is planning a rights issue for $138 million (107 million pounds) to help it buy the rest from BP it said on Friday.
NEWS |
EnQuest hit with HSE notice
A piece of equipment weighing more than two-and-a-half tonnes landed just 2ft from a member of deck crew on a North Sea platform, it has emerged. Two companies have been served with improvement notice (...)
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