Apache to cease North Sea production by 2030 due to windfall tax
North Sea operator Apache (NYSE:APA) has said it will cease operations in the UK by the end of 2029, blaming the impact of the windfall tax.
Apache North Sea
HSE warns North Sea firms after Apache enforcement notice
The Health and Safety Executive (HSE) is urging North Sea operators to pay closer attention to offshore safety after issuing a warning to Apache.
Apache’s Beryl and Forties to go ‘cash flow negative’ on end to drilling decision
Welligence analysis shows Apache decision to halt drilling at Beryl and Forties hubs will significantly impact field production life.
HSE finds Apache failed to properly maintain Beryl flare supports since 2013
The Health and Safety Executive (HSE) has issued an improvement notice to North Sea operator Apache over its failure to properly maintain supports to the flaring system on its Beryl hub.
Commercial and comms manager Jillian Owen named UK manager at Apache
Apache (Nasdaq: APA) has named its commercial, communications and public affairs manager Jillian Owen as its new top boss for the UK North Sea.
Apache to boost North Sea spending as Diamond Offshore wins rig extension
Apache North Sea has said it plans to boost its UK spending and headcount as it hands a rig extension deal to Diamond Offshore.
Apache calls in bank guarantees of £530m to cover North Sea decommissioning after S&P downgrades credit rating
Apache has confirmed it will call in letters of credit of £531million to guarantee it will pay off decommissioning obligations in the UK North Sea.
DNV GL wins deal with Apache for Beryl and Forties assets
Energy advisory firm DNV GL has announced a new "major" deal with North Sea operator Apache Corporation on its Beryl and Forties assets.
Apache plans ‘lower activity’ in 2019
US oil firm Apache Corporation has said that it is planning "lower activity" across its business in 2019.
Schlumberger celebrates return to profit and new North Sea deal
Global oilfield services giant Schlumberger has celebrated a return to profit in a year which brought further UK North Sea work.
Sanctuary safe thanks to oil firm’s donation
An animal charity’s premises will be transformed thanks to a donation from an Aberdeen-based oil company.
‘Need to improve’ offshore safety management, HSE says
The Health and Safety Executive (HSE) conceded today that offshore safety protocols "need to improve in some key areas" of management.
Apache safety breach ‘reflection’ of what’s happening offshore, union boss says
An offshore union boss has described a safety breach discovered on the Beryl Bravo platform as "a reflection is what is actually happening offshore".
Westhill’s DiveSource wins three contracts worth £4million
Westhill-based diving consultancy DiveSource has won three new contracts worth £4million.
Apache marks 15 years at Forties field with chaplaincy donation
The UK Oil and Gas Chaplaincy is set to receive a £50,000 donation as Apache Corporation celebrates the 15-year acquisition anniversary of the Forties field.
Apache expects full Forties production to return soon
Apache North Sea has announced that it expects to be back to pre-shutdown production levels within several days as Ineos completes repairs to the Forties pipeline.
Xodus wins contract for new wells in North Sea
Oil giant Apache has awarded a contract to an Aberdeen energy engineering consultancy for two new wells on existing North Sea fields.
Awilco profits plummet due to rig’s late return to work
Profits at Aberdeen offshore drilling company Awilco nosedived in the second quarter due to the late return to work of one of its two rigs amid a row with Apache North Sea.
Subsea 7 wins Apache North Sea deal
Subsea 7 has landed a "sizeable" contract for Apache's North Sea assets.
Statoil signs contract with Allseas to install three topsides
Statoil has signed a contract with Allseas for the installation of three platform topsides in the Johan Sverdrup field. The topsides will be installed for the drilling, processing and living quarter platforms. The drilling platform topsides will be installed in 2018, and the processing and living quarter topsides will follow in 2019.
Apache pours cold water on talk of North Sea sell-off
US oil firm Apache insisted tonight it has no plans to quit the UK North Sea, where it continues to invest heavily.