Hurricane Energy launches sales process after ‘unsolicited offer’
UK-listed Hurricane Energy (LON: HUR) has launched a competitive sales process for its business.
West of Shetland
Exploration frontier near huge Cambo and Rosebank oilfields ‘overlooked’
A frontier near the huge Cambo and Rosebank fields in the West of Shetland has been left “underexplored” according to a new study.
Shell named as buyer of West of Shetland operator Corallian from Reabold
It has been revealed that Shell (LON: Shel) is the previously unknown “oil and gas major” behind the purchase of Corallian Energy.
TotalEnergies to tender contracts for Glendronach with FID due imminently
French supermajor TotalEnergies (LON: TTE) is ramping up activity at its Glendronach gas discovery West of Shetland.
Hurricane officially axes Halifax, once thought to hold 1.2bn barrels
Hurricane Energy (LON: HUR) has finally called it a day on a West of Shetland prospect, once thought to hold 1.2 billion barrels of oil.
Hurricane opts against new Lancaster well after failing to secure flaring assurances
Hurricane Energy (LON: HUR) has opted not to drill a new well at its flagship Lancaster field after it failed to secure assurances around flaring permits.
Residents voice climate concerns as ‘disgusting black smoke’ emanates from Foinaven FPSO
Residents in a small village less than a mile from where the Foinaven FPSO is laid up have expressed climate concerns as plumes of black smoke have been seen emanating from it.
Reabold agreed £32m deal with anonymous ‘oil and gas major’ for stake in Corallian
An unnamed “oil and gas major” has struck a £32 million deal to acquire the controlling stake in West of Shetland operator Corallian Energy.
Greater Laggan Area development work to ‘commence imminently’, Kistos confirms
North Sea oil and gas firm Kistos has revealed that Greater Laggan Area (GLA) development and exploration programmes are due to commence imminently.
‘We would love to see Rosebank electrify the region’ says Equinor boss
Equinor is hoping its £8 billion Rosebank project can “trigger” wider electrification across the West of Shetland region.
Equinor expects £80m investment in Rosebank FPSO electrification
Equinor (OSLO:EQNR) and its Rosebank partners expect to spend around £80 million on modifications to the Knarr FPSO which will ready the vessel to run on low-carbon power.
The FPSO is away, but will the BP Foinaven field be redeveloped?
A permanent feature of the West of Shetland for many years, the Foinaven vessel recently left the namesake BP field for the last time.
Report: Shell launches process to offload stake in Cambo field
Oil giant Shell (LON:SHEL) has begun a hunt to find a buyer for its stake in the controversial Cambo field in the UK North Sea, according to reports.
Hurricane to carry out planned shutdown of Lancaster following latest cargo lift
North Sea operator Hurricane Energy (LON:HUR) is to carry out a planned shutdown of its flagship Lancaster field next month.
Aberdeen University staff divided on merits of Equinor North Sea oil and gas field
News that Equinor is pushing ahead with the development of a major North Sea oil and gas field appears to have split opinion at Aberdeen University.
Gallery: ‘End of an era’ as Foinaven FPSO arrives at Hunterston from BP oilfield
The former production ship for a BP (LON:BP) oilfield in the West of Shetland has arrived at Hunterston for partial decommissioning.
Equinor will pay £834m less in tax if Rosebank is approved, campaigners argue
An environmental group is claiming Equinor will pay millions of pounds less in tax if the North Sea Rosebank field gets the go ahead.
Equinor submits environmental statement for Rosebank field
Equinor (OSLO:EQNR) has submitted a key document in relation to the Rosebank development, allaying fears it was considering ditching the £8.1 billion project.
Safety fears flagged ahead of imminent strike on Foinaven FPSO
There are concerns for the safety of crew aboard the Foinaven floating production, storage and offloading (FPSO) ship ahead of planned strikes this week.
Hurricane Energy weighs up $250m boost to Lancaster with new well
Hurricane Energy (LON: HUR) is weighing up an M&A deal or a potential $250m boost to its existing Lancaster asset in the West of Shetland.
Shell position on Cambo ‘hasn’t changed’, despite reports to the contrary
There has been no change to Shell’s stance on Cambo and it still has no intention to progress the field, the company’s chief executive has confirmed.
BP unveils plans to fund new gas pipeline at Sullom Voe terminal
Energy giant BP has confirmed plans to fund a new gas pipeline at the Sullom Voe terminal.
‘Key milestone’ as Hurricane Energy pays off $78m debts
Hurricane Energy (LON: HUR) has reached a “key milestone” paying off more than $78.5m in convertible bonds to its lenders.
Hurricane Energy ready to pay off debts following oil price surge
Hurricane Energy (LON: HUR) is ready to pay off its debt next week with cash to spare, in a remarkable turnaround in fortunes over the last year.
Kistos enters UK North Sea with acquisition of stake in West of Shetland assets
Kistos Energy, former RockRose Energy CEO Andrew Austin’s latest venture, has completed the acquisition of a stake in a package of West of Shetland assets.