Hibiscus issues multi-million pound tenders on Anasuria Teal West
Hibiscus Petroleum (KLSE: 5199) is seeking contractors to drive development of its 10-million-barrel Teal West field.
Hibiscus Petroleum
North Sea operators outline plans for new exploration licence offers
17 companies scooped licence offers in the latest tranche of awards as part of the 33rd round, with plans for some prospects already in the works.
Interview: Anasuria on ‘exciting’ first year as North Sea duty holder
“We’re very much still moving in through an investment phase as I see it on Anasuria over the next few years, which is really exciting."
Ping completes Rapid farm-in deal at Fyne
Ping Petroleum has confirmed the completion of a farm-in deal for the Fyne field in the North Sea, with plans for a one-well development due online in 2026.
Marigold partners agree path to combined field development
Ithaca Energy, Hibiscus Petroleum and Caldera Petroleum have drawn up a unit operating agreement that will enable the joint development of Marigold East and West via Piper Bravo.
Fyne: Control of 75-million barrel UK oilfield sold to Ping and Hibiscus
The UK arms of Hibiscus Petroleum and Ping Petroleum have signed a deal with Rapid Oil Production to take majority stakes in the 75-million-barrel Fyne field.
North Sea slide fails to dent record output for Hisbiscus
Hisbiscus Petroleum reported its highest group quarterly production to date, even as revenues and output from its North Sea business fell on lower prices.
Hibiscus eyes progress on Teal West, Marigold in coming weeks
Hibiscus Petroleum reported a profitable quarter at both group and UK level and expects to make progress on its plans for Teal West and the Marigold Area by the end of March.
Hibiscus tenders for new Teal West work
Hibiscus Petroleum (KLSE: HIBISCS) is looking to book new work for its Teal West field as it moves to progress the development solo.
The Magnificent Seven: North Sea project paperwork still awaiting govt sign off
A host of North Sea environmental statements (ES), lodged between April and August, are still to be rubber stamped, with some expected to receive sign off before the year is out.
Hibiscus resolves long-standing riser issues at Anasuria FPSO
Issues with a production riser at the Anasuria FPSO have finally been fixed, more than a year after the fault cropped up.
Hibiscus financials bolstered by high oil prices
Malaysia-based Hibiscus Petroleum today reported that relatively strong oil and gas prices have contributed positively to the profitability levels in all the group’s producing assets in Malaysia and the UK.
Hibiscus Petroleum’s UK segment achieves ‘healthy profit margins’
Malaysian-based Hibiscus Petroleum has released its Q4 reports for the financial year, ending the 30th of June 2022, reporting gross profits of £45.84 million.
Repair works on Hibiscus Anasuria FPSO due to finish in coming weeks
Work to repair constrained production issues at the Hibiscus Petroleum Anasuria FPSO are nearing completion.
Pre-FEED work begins as Piper Bravo confirmed as Marigold host
A roster of North Sea players has been brought together to begin pre-front end engineering and design studies (pre-FEED) for the Marigold field, which will be developed via Repsol Sinopec’s Piper Bravo platform.
Multimillion-dollar deal struck to settle dispute on North Sea discovery
A multimillion-dollar deal has been struck to end a dispute over a North Sea oil and gas discovery.
Crown licence caught in North Sea legal wrangle
Legal discussions over the Crown field continue, following the termination of the licence by Hibiscus Petroleum in September.
2022 is ‘opportune time’ to go ahead with UK Avalon oilfield: DNeX
Malaysia’s Dagang NeXchange (DNeX) has said 2022 is the “opportune time” to press ahead with a new North Sea development as commodity prices surge.
Hibiscus moving on ‘accelerated schedule’ for Teal West project in North Sea
Anasuria Hibiscus and partner NEO Energy are moving forward with plans for the Teal West project in the UK North Sea on an “accelerated schedule”.
Hibiscus eyes more growth opportunities in North Sea and Southeast Asia
Hibiscus Petroleum (KLSE:HIBISCS) said it continues to assess future growth opportunities in the North Sea and Southeast Asia as the Malaysian-listed company strives to double its production by 2026.
Ithaca Energy and Hibiscus go with Piper Bravo for new North Sea project
The Piper Bravo platform is being moved ahead as the preferred option to develop a joint Hibiscus and Ithaca Energy project in the North Sea.
Hibiscus expects Anasuria FPSO production woes to roll into 2022
Constrained production troubles at the Hibiscus Petroleum Anasuria FPSO are expected to continue well into next year.
Hibiscus closer to Repsol acquisition in Vietnam and Malaysia
Hibiscus Petroleum has moved a step closer to completing its acquisition of Repsol’s upstream assets in Malaysia and Vietnam after the Spanish company’s project partners waived their pre-emption rights.
Malaysia’s DNeX eyes more North Sea M&A as Ping deal nears finishing line
Malaysian IT and energy sector service provider Dagang Nexchange (DNeX) is closing in on a deal to increase its stake in North Sea minnow Ping Petroleum to 90%.
Hibiscus names sales price for Repsol’s Asia assets
Malaysian-listed Hibiscus Petroleum has confirmed it will buy a handful of Southeast Asian assets from Spain’s Repsol for $212.5 million.