EnQuest targets 20% production boost in 2019
UK oil firm EnQuest said today that it expected to increase production by 20% next year.
Kraken
UPDATED: EnQuest aborted Kraken sale talks over debt deadline
EnQuest reportedly called off plans to sell stakes in its Kraken field and instead borrowed money against it as a debt deadline approached.
Kraken sinks Armada’s results
Malaysia’s Bumi Armada fell to a second quarter loss due to charges relating to the Kraken FPSO.
Strong production helps EnQuest wipe out debt chunk early
Oil firm EnQuest said strong production performance had helped it wipe out £37 million worth of debt early.
Enquest waiting on the ‘right offer’ for Kraken sale
Enquest says it is waiting on the “right offer” for the sale of a 20% stake in its Kraken field in the North Sea.
Enquest announces production boost in full year results
Enquest has announced it is set for a boost in production in 2018, bolstered by its North Sea Kraken development.
Cairn to spearhead more North Sea exploration, content with Kraken, Catcher stakes
Scottish oil firm Cairn Energy said yesterday that it would get to work on its first operated exploration well in UK waters later this year.
Spirit Energy recruits ex-EnQuest chief McCulloch
North Sea oil firm Spirit Energy has appointed EnQuest's former chief operating officer as its technical and HSE director.
Cairn Energy targets first operated UK exploration well
Scottish oil firm Cairn Energy said today that it would get to work on its first operated exploration well in UK waters later this year.
Updated: EnQuest knocks down Kraken costs, expects output to lift
North Sea oil producer EnQuest said today it had managed to knock down the cost of its Kraken field project, which started producing in June.
EnQuest looks to sell stake in Kraken field, report says
North Sea oil firm EnQuest is trying to sell a 20% stake in its £2billion Kraken field, a news report said.
North Sea’s Kraken strong performance allows Enquest to focus on debt pile
Enquest's flagship North Sea Kraken development has got off to a flying production start.
Kraken FPSO completes first oil offload in North Sea, fastest in decade
The vessel on EnQuest’s Kraken field in the North Sea has made its first oil cargo delivery in what is thought to be fastest operation of its kind in the past decade.
UK North Sea oil field startups surge to highest in 10 years
The U.K. North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging province’s surprising resilience to the crude-market slump.
EnQuest and Dana reach deal over Eagle drilling
Oil producer EnQuest said yesterday it had struck an agreement with Dana Petroleum on the Eagle discovery in the central North Sea.
EnQuest hit by delays in ramping up production from Kraken
EnQuest said today that operational issues with the FPSO for the Kraken field had forced the North Sea operator to lower its short-term production forecasts.
Cairn Energy profits rise as company reaps Kraken rewards
Scottish oil firm Cairn Energy said production start-up from the North Sea Kraken field had steered the firm to a strong first half.
Jeremy Cresswell: Waking the Kraken … a complex tale for sure
It’s very good news that Enquest has manage to successfully bring the UKCS Quadrant 9 Kraken heavy oilfield onstream, 22 years after oil was first encountered in 1985.
Enquest jumps on hopes new field to ease debt
EnQuest Plc climbed the most in three months in London trading on speculation borrowings will fall following the start of production at its Kraken oil field in the U.K. North Sea.
Kraken first oil welcomed by Oil and Gas UK
Industry body Oil and Gas UK has welcomed the announcement of first oil from the North Sea's Kraken development.
Exclusive: How Enquest rode the oil price storm to deliver Kraken
EnQuest is determined to keep its “growth story” going after overcoming a period of uncertainty to achieve first oil from the Kraken field.
Updated: Enquest celebrates first oil from North Sea’s Kraken
Enquest this morning confirmed first oil from its flagship Kraken development.
EnQuest back in the black
EnQuest chief executive Amjad Bseisu said yesterday he expected North Sea mergers and acquisitions (M&A) activity to increase in 2017.
UPDATED: EnQuest streamlines, Kraken remains on track, BP acquisitions progressing
EnQuest made a marginal profit last year after streamlining its operations by reducing overheads and increasing production.
Cairn Energy insists it’s financially fighting fit, zeroes in on North Sea first oil
Cairn Energy's chief executive today said the firm was well-positioned to deliver on behalf of its shareholders.