Enquest fails to farm-out North Sea Kraken
Enquest today confirmed its discussions with Delek regarding a possible North Sea farm-out have officially "terminated".
EnQuest
Getting rid of “North Sea premium” helps slash opex at EnQuest
Bosses at EnQuest said yesterday that avoiding “North Sea premiums” had helped the firm bring down its operating costs to $23 per barrel in the first half of 2016.
Enquest gets costs down to $23 per barrel, shaves $150million off Kraken bill
Enquest today confirmed it whittled its operating costs down to $23 per barrel for the first half of the year.
Enquest chairman bows out
Enquest’s chairman has stepped down after six years leading the company.
EnQuest investors look for Kraken reassurance in H1 results, report says
Investors in EnQuest expect the North Sea explorer to provide a timeline for the development of the Kraken field later this week, an analyst was quoted as saying in a news report.
Delek aims to beef up UK North Sea portfolio
Israel’s Delek Group is looking to bolster its UK oil and gas assets after starting discussions aimed at giving it a large stake in one of the North Sea’s biggest prospects.
EnQuest hit with safety notice after gas leak on North Sea platform
North Sea operator EnQuest has been hit with an improvement notice by the Health and Safety Executive (HSE) after a gas leak.
Updated: Dana Petroleum launches dispute with Enquest over North Sea well
Dana Petroleum today hit out after Enquest drilled an exploration well at the centre of the North Sea's latest oil find without its consent to do so, according a statement posted on its website.
EnQuest confirms oil discovery from North Sea Eagle exploration well
EnQuest has confirmed an oil discovery at its Eagle exploration well in the North Sea.
Enquest denies debt talks with OGA
Enquest was today forced to make a statement denying it was in debt talks with the Oil and Gas Authority (OGA).
Ministers to meet oil industry leaders in Aberdeen
Scottish ministers will travel to Aberdeen tomorrow to meet with key oil and gas figures to hear how the industry is coping to the oil price crash.
EnQuest increases production and remains on track for strong 2016
EnQuest expects to deliver its full year production guidance this year citing improved performance from its North Sea assets as a major factor in the increase.
North Sea operators team up to reduce warehouse stock
A group of North Sea operators have come together to improve efficiency with the launch of a trial scheme to share 200,000 inventory items.
EnQuest shares rise 25% as it pushes ahead with Kraken
EnQuest saw its shares rise almost 25% yesterday after it confirmed it had sufficient funding to complete its major North Sea Kraken development and it has successfully shaved costs from operations.
EnQuest predicts UK tax relief to spur North Sea oil deals
A change in UK legislation which gives oilfield operators tax relief on decommissioning costs when selling an assets could help speed up North Sea deal, according to EnQuest.
EnQuest drafts in help to manage debts
EnQuest has reportedly drafted in help to manage its debt portfolio as it battles a depressed oil price environment.
EnQuest director joins Barratt board
EnQuest non-executive director Jock Lennox has been appointed as a director of house builder Barratt Developments. He will take up the role in July.
Billion barrels of North Sea oil at risk if new approach not taken says NSRI
The head of the NSRI (National Subsea Research Initiative) has warned that more than a billion barrels of oil could remain locked in the North Sea unless a new approach is taken to develop small pools in the region.
First Oil administrators begin sell off as Cairn and EnQuest step in
Administrators have begun the task of securing what they can following the demise of Aberdeen oil company First Oil.
EnQuest cutting 45 Granite City jobs
Oil and gas operator EnQuest is axeing 45 roles, including directly employed staff and contractors, in Aberdeen.
Subsea Expo 2016: Unlocking North Sea small pools offers a $20billion prize
Unlocking untapped oil reserves in small pools in the UK North Sea could land as a $20 billion prize for the oil and gas industry according to a senior executive.
Steam Oil to takeover Enquest’s North Sea licence
The Steam Oil Production Company is set to acquire 100% interest in of one Enquest's North Sea licences.
Petrofac lands $400million of UKCS work
Petrofac has landed UKCS contract extensions, totalling $400million.
Enquest reduces Greater Kittiwake OPEX from $100/bbl to $30/bbl
Enquest reached a major production milestone, delivering its first individual day's production total of more than 50,000 barrels.
KCA Deutag confirms 69 jobs at risk on EnQuest platforms
KCA Deutag has confirmed that 69 jobs are at risk on its EnQuest operations.