‘No production issues’ yet for Hurricane Energy as Lancaster hits ‘bubble point’
Hurricane Energy (LSE: HUR) says no production issues have arisen at Lancaster despite it falling below the ‘bubble point’ last month.
Hurricane Energy (LSE: HUR) says no production issues have arisen at Lancaster despite it falling below the ‘bubble point’ last month.
Equinor has said it will provide an update on the concept for the Rosebank project in the West of Shetland later this year.
Plans have been submitted to the UK Government to develop the Victory gas discovery in the West of Shetland.
Hurricane Energy (LON: HUR) has said "no further action is necessary" having completed a review into its failed restructuring plan earlier this year.
Kistos (LON: KIST) has confirmed it is bidding to acquire assets being put on sale by TotalEnergies in the West of Shetland.
BP has agreed to acquire the stakes of Viaro Energy in the beleaguered Foinaven field in the west of Shetland.
A couple of weeks ago, a Scottish green party MSP claimed that it is only the “hard right” who continue to support development of the Cambo oilfield on the UK Atlantic Frontier.
Siccar Point Energy has said it is "pausing" the Cambo oil project in the West of Shetland after Shell decided to pull out of the controversial development.
The Faroe Islands plan on staying open for offshore oil and gas exploration and for sharing in the spoils of any UK Atlantic Frontier development where reserves might straddle the Faroe-UK maritime boundary.
A union boss has voiced concerns that Shell’s choice to withdraw from Cambo could put a dent in plans for a 'just transition'.
An industry veteran says it's a “worry” to see people toasting Shell’s decision not to progress a controversial North Sea project.
Huge doubt has been cast on the future of the Cambo oilfield in the west of Shetland after Shell decided not to progress the project.
Nicola Sturgeon faces claims she has “abandoned” the North Sea oil and gas industry after confirming her opposition to the controversial Cambo scheme.
Hurricane Energy has said it remains in positive discussions to extend the stay of the FPSO on its flagship Lancaster field, but issued a warning over funds as a debt deadline looms.
TotalEnergies (LON: TTE) is putting the final touches on two lucrative contracts for its Glendronach gas discovery.
TotalEnergies (LON: TTE) (NYSE: TTE) has pledged to develop its Glendronach gas discovery in a ‘low cost, low emissions way’, in line with its new strategy.
The Victory discovery in the west of Shetland has been given a £47million boost to its value after finding more recoverable gas.
Hurricane Energy (LON: HUR) is continuing to “evaluate options” to bolster production from its flagship Lancaster field after a “very challenging” start to 2021.
A handful of workers have been flown off a North Sea platform after Covid-19 cases were picked up on board.
I’ve just received a round-robin email from Greenpeace calling on Brits to tweet Boris and kill off North Sea oil & gas right now.
A senior oil and gas figure has warned the industry that its social license to operate is “barely holding out”.
The chairman of activist fund Crystal Amber has claimed its “decisive action” saved $22million which would have been lost from Hurricane Energy.
Hurricane Energy has hailed the sale of 10million barrels of oil produced from the Lancaster field in the West of Shetland.
It is hoped the creation of offshore renewable hubs could provide an alternative to decommissioning oil and gas assets.
Shell’s new North Sea boss has committed to putting the company’s “upstream business in reverse” as part of a key Aberdeenshire CCS project to drive net zero.