Hurricane ‘engages’ with OGA on flexible approach
London-listed Hurricane Energy has welcomed the Oil and Gas Authority's (OGA's) pledge to help struggling companies by considering relaxing licence commitments.
West of Shetland
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.
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.
Activist investor brands Hurricane ‘key detractor’ to recent performance
An institutional investor backing Hurricane Energy has branded the oil firm a “key detractor” to its recent performance.
Resources at Total’s major Glendronach discovery cut by 40% following appraisal
One of the largest offshore discoveries in UK waters of the last decade has had its recoverable resources cut by 40% following an appraisal well.
100 jobs safeguarded as BP extends North Sea contract with Vroon for £30million
The jobs of 100 seafarers have been safeguarded after BP agreed a contract extension with Vroon Offshore Services (VOS) worth around £30million.
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.
Equinor’s Rosebank to help bring North Sea spending to decade high – Westwood
Projects from Equinor off the UK and Norway will help bring North Sea spending to its highest level in a decade, according to Westwood Global.
BP pushes back Clair South FID to help bolster project’s low-carbon credentials
BP has pushed back a final investment decision (FID) on its Clair South project to make sure it aligns with low carbon ambitions.
BP results wrap: Profits sink but dividend raised as Dudley bows out
Lower oil and gas prices chopped BP’s profits in half during the final year of Bob Dudley’s tenure as chief executive, the firm revealed yesterday.
BP celebrating first oil from field west of Shetland
BP has announced first oil from the 20 million barrel Alligin field, 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.
Spark Exploration targets deal on billion-barrel West of Shetland licences
Australia-based Spark Exploration is aiming to find partners in the first half of this year for its West of Shetland licences, which potentially contain north of a billion barrels of oil.
The other side of Lerwick’s story
Lerwick harbour continues to add to its reputation as a leading support hub for the oil and gas industry in northern waters through its contribution to the offshore sector’s operations west of Shetland.
Exploration headwinds force Hurricane to alter course
Hurricane Energy’s exploration adventure offshore UK is the most exciting of them all, in my view.
The Atlantic Frontier: A coming of age story
Welcoming a new year heralds a time for reflecting on the year that was and what is to come.
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.
BP boss confirms green power plans for North Sea platforms
Energy giant BP has confirmed it is studying the potential to power North Sea platforms with green electricity in a bid to cut carbon emissions.
BP to make decision next year on Sullom Voe terminal
BP expects to make a “properly assessed decision” next year on whether to keep exporting oil to Shetland’s Sullom Voe terminal.
Updated: Hurricane shares sink despite oil confirmation at Warwick
Shares in Hurricane Energy slid on Monday despite the company confirming oil at a field west of Shetland.
Siccar Point sale attracts bids of up to $2bn – report
Bids to buy North Sea producer Siccar Point Energy have come in at between $1.2bn and nearly $2bn, according to a news report.
Hurricane Energy to begin testing at Warwick West
Hurricane Energy has announced it will begin testing on its Warwick West well today.
Boss Thomas says Ithaca ‘raring to go’ after Chevron acquisition
Ithaca Energy’s boss said yesterday that the enlarged company was “raring to go” after completing the £1.6 billion acquisition of US firm Chevron’s UK North Sea business.
Centrica formally launches sale of Spirit Energy – report
Centrica has formally launched the process of selling off its stake in North Sea explorer Spirit Energy, according to a news report.