Hurricane Energy CEO banked £415k in 2021
The chief executive of Hurricane Energy took home more than £400,000 during a year of “profound change” for the beleaguered firm.
Robert Trice
Hurricane Energy says ‘no further action necessary’ over failed restructuring
Hurricane Energy (LON: HUR) has said "no further action is necessary" having completed a review into its failed restructuring plan earlier this year.
Former Hurricane Energy CEO Trice banked £650K pay as firm sank to £440m losses
Robert Trice, the co-founder and former CEO of Hurricane Energy, took a total pay package of £649,000 last year as the oil firm plunged to losses of £440million.
Hurricane Energy downgrade ‘dashes hopes’ for UK production resurgance – Rystad
The “jaw-dropping” reserves downgrade from Hurricane Energy has “dashed hopes” of any major resurgence in UK offshore production, according to Rystad Energy.
Hurricane Energy appoints new CEO
Hurricane Energy has appointed a new CEO as a permanent replacement to founder Robert Trice who exited in June.
Hurricane Energy warns ‘material downgrade’ possible to 2.6bn barrel resources
Hurricane Energy has warned a “material downgrade” is possible to its 2.6billion barrel contingent resources following a technical review of its operations.
CEO exit a ‘big blow’ for Hurricane
Robert Trice’s exit from Hurricane Energy is “disappointing news” and a “big blow” for the company, an analyst has said.
Trice resigns as Hurricane Energy chief executive
Robert Trice has resigned as chief executive of Hurricane Energy by “mutual agreement” amid a boardroom reshuffle at the firm.
Infected Hurricane Energy worker recovers from Covid-19
An offshore worker who was evacuated from an installation west of Shetland in a “life and death situation” has now recovered after contracting the coronavirus.
Hurricane Energy ‘very pleased’ with Lancaster performance so far in 2020
Bosses at North Sea operator Hurricane Energy have announced today that they are "very pleased" with the performance of the firm's Lancaster discovery for the first quarter of 2020.
Hurricane and Spirit Energy amend Greater Warwick deal after plans are stalled
Hurricane Energy and Spirit Energy have gone back to the drawing board for their Greater Warwick Area (GWA) joint venture, which will see Hurricane take on additional costs.
Transocean reveals new details of Hurricane Energy contract
Transocean has revealed new details of its contract with Hurricane Energy for work in the west of Shetland.
‘Knee-jerk reaction’ from investors led to Hurricane Energy’s 20% share price slide
A “knee-jerk” reaction from investors to a combination of factors including recent results, Brexit and the coronavirus have been blamed for a 20% slide in Hurricane Energy’s share price.
Hurricane Energy ‘not aware of any operational reasons’ for 20% drop in share price
Hurricane Energy has insisted it is “not aware of any subsurface, operational or commercial reasons” for a steep decline in its share price in the last week.
Hurricane Energy projects $165m revenues as Lancaster field ‘surpasses expectations’
Hurricane Energy has announced it expects revenues generated from its Lancaster field West of Shetland to reach $165m (£123m) in the 2019 financial year.
Hurricane Energy to begin testing at Warwick West
Hurricane Energy has announced it will begin testing on its Warwick West well today.
Hurricane Energy strikes oil at Lincoln Crestal
Hurricane Energy has confirmed it has struck oil at its Lincoln Crestal well in the West of Shetland.
Hurricane Energy spuds Lincoln Crestal in West of Shetland
Hurricane Energy has started drilling its Lincoln Crestal well in the West of Shetland.
Hurricane Energy insists West of Shetland dud has no negative impact on other prospects
Hurricane Energy has insisted its recent disappointment at Warwick Deep has “no negative read-across” to its other West of Shetland discoveries.
Warwick Deep proves non-commercial for Hurricane Energy
Hurricane Energy has announced its highly anticipated Warwick Deep well has not encountered commercial rates of oil and gas.
Hurricane Energy achieves hook-up of FPSO at Lancaster field
After months of setbacks, Hurricane Energy has successfully hooked up its production vessel to its huge Lancaster field west of Shetland.
Hurricane plans ‘seamless execution’ of drilling campaigns off Shetland
The Aoka Mizu vessel was widely expected to have been installed at the Lancaster field by now, with final preparations under way for the long-term oil production trial, beginning in the current quarter.
Is a shale-sized oil boom hiding in UK’s Atlantic bedrock?
On a sunny October morning, members of the The Geological Society pack an ornate lecture theater at their imposing headquarters on London’s Piccadilly. One of their number introduces a scientist who “needs no introduction,” the man people had come to see.
West of Shetland “right address to be in” for oil exploration, says Hurricane boss
The head of Hurricane Energy says the west of Shetland is the “right address to be in” for oil explorers.
Hurricane chief hails capital support, reports first half loss
Hurricane Energy reported a loss for the first half the year of $4.2million.