Updated: Sliding into the red, EnQuest targets even deeper spending cuts
EnQuest today announced deeper cuts to its spending plans as it published full-year results showing it lurched into the red in 2019.
EnQuest
Expect lenders to help indebted oil firms survive until ‘less rainy day’
A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.
Decommissioning plan for EnQuest Producer FPSO gets green light
The UK Government has approved a plan to decommission a North Sea development less than five years after first oil.
EnQuest delays financial results over coronavirus
EnQuest is to delay publication of its full year financial results due to the coronavirus.
Multiple Covid-19 cases quarantined on EnQuest Magnus platform
Oil and gas operator EnQuest is understood to have multiple suspected coronavirus cases on board a Northern North Sea platform.
Firms to delay results due to virus
The Financial Conduct Authority has asked companies due to announce annual results to delay publication because of the coronavirus.
More than a dozen North Sea projects face red light due to oil price plummet
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Strike action planning suspended at Sullom Voe Terminal
Preparations for strike action at a key oil terminal in Shetland have been suspended after a new pay deal for workers was hammered out.
Updated: EnQuest to permanently shut down Thistle platform
Oil firm EnQuest intends to permanently shut down its Thistle platform in the UK North Sea.
New ‘corona copter’ service to remove virus cases from North Sea rigs
A group of North Sea operators have struck a deal with a helicopter operator to bring confirmed and suspected Covid-19 sufferers back to shore.
Prosafe vessel picked to support Thistle platform tanks project
Offshore accommodation provider Prosafe will support the removal of subsea tanks from EnQuest's Thistle Alpha platform in the UK North Sea.
Exclusive: EnQuest calls time on fire-hit North Sea platform
Oil and gas firm EnQuest has confirmed plans to decommissioning its fire-damaged Heather Alpha platform in the northern section of the UK North Sea.
Workers vote for strikes at EnQuest’s Sullom Voe terminal
Workers have voted “emphatically” in favour of strike action at the Sullom Voe terminal in Shetland.
Oil shares massacred in London as crude price war erupts, dragging down Brent
Oil shares were decimated in London this morning after a crude price war erupted between Saudi Arabia and Russia.
HSE flagged subsea ‘threat’ to EnQuest’s Thistle platform years before evacuation
A document has revealed that UK safety regulators flagged issues with EnQuest’s Thistle platform years before it was evacuated over subsea structural concerns.
Progress being made on multi-operator east of Shetland decom programme
A group of operators is making progress on plans to work together on the decommissioning of oil and gas infrastructure worth billions of pounds that sits east of Shetland, an industry chief said.
EnQuest plans to temporarily leave ‘precarious’ Thistle storage tanks on seabed
EnQuest has revealed plans to temporarily leave a pair of 1,200-tonne oil storage tanks from its Thistle platform at the bottom of the North Sea after structural concerns forced their removal.
Farewell to the Argyll after 50 years
EnQuest’s decision to cease production from its linked Alma-Galia oilfields effectively brings to a close a 50-year chapter in the annals of the UK North Sea.
Saipem wins work for EnQuest’s Thistle platform as part of £386m string of deals
Italian engineering services firm Saipem has been contracted to carry out work on EnQuest’s stricken Thistle platform in the UK North Sea.
Updated: North Sea shares climb despite forecast for lower output
Shares in EnQuest climbed today despite the company indicating production would drop slightly this year in light of North Sea platform shutdowns.
‘Deteriorated caisson’ at Bruce platform to bring two-month shutdown to three North Sea fields
Serica Energy will shut down three North Sea fields for two months after discovering an underwater structure at its Bruce platform had become “deteriorated”.
Oil giant targeted in climate protest
Climate change protesters blockaded the headquarters of oil giant Shell yesterday in the first in a series of protests across the Granite City.
EnQuest shuts office as climate protestors descend on Aberdeen
Exploration and production firm EnQuest has closed its offices in Aberdeen city centre today as climate change protestors descended on the Granite City.
EnQuest submits North Sea decommissioning plan less than five years after first oil
EnQuest has submitted plans to decommission a North Sea development and its production vessel less than five years after achieving first oil.
EnQuest-Unite talks break down as Sullom Voe workers to vote on strike action
Discussions between Enquest and Unite are understood to have broken down as the union announced today it will ballot its members on potential strike action at Shetland's Sullom Voe Terminal.