The Health and Safety Executive (HSE) is investigating after a fire involving oil broke out on a North Sea platform.
EnQuest bosses insisted yesterday they had a “compelling” case for the Sullom Voe oil terminal in Shetland, despite fears the facility may lose a key customer.
Oil firm EnQuest said today that about 80 employees would lose their jobs at a major terminal in Shetland by the end of 2019.
North Sea oil firm EnQuest has confirmed it will change rota patterns for hundreds of its offshore workers.
Dozens of Petrofac workers have this week transferred over to North Sea operator EnQuest.
The boss of North Sea oil producer EnQuest said yesterday he believed the region could yield further discoveries to extend its lifespan.
EnQuest has announced plans to review offshore rotas for workers on several of its North Sea assets.
UK oil firm EnQuest said today that it expected to increase production by 20% next year. But the London-listed company said debt reduction remained its priority. Full year 2018 production is forecast in the range of 54-56,000 barrels of oil equivalent (boe) per day. To read more on Energy Voice, click here.
Exactly 40 years ago tomorrow, Shetland changed forever.
A leading north-east businessman has taken up a new role managing the day-to-day operations of Sullom Voe oil terminal in Shetland.
Oil firm EnQuest said today that it would exercise an option to buy the remaining 75% interest in the Magnus field from BP for £230 million.
Oil exploration firm EnQuest has been hit with an Health and Safety Executive (HSE) notice for a falling 2.6 tonne riser section that narrowly missed workers on the Magnus platform.
Oil firm EnQuest said strong production performance had helped it wipe out £37 million worth of debt early.
A gas build-up on a north sea platform exposed workers to an explosion risk, a new safety report said.
The shutdown of oil pipelines at the Sullom Voe terminal in Shetland will be only a “mild irritant” to operators, according to a leading petro-economist.
EnQuest said today that it had managed to knock another £43million off the budget for its Kraken field project, which started producing in June.
Enquest this morning confirmed it has struck a $50million deal with BP to absorb the decommissioning management of two of the oil major’s North Sea fields.
A deal to put EnQuest in charge of decommissioning two North Sea fields should drive down costs, an analyst said yesterday.
Oil firm EnQuest has been ordered to improve safety procedures after high oxygen levels were discovered in an oil tank system on one of its installations.
EnQuest has announced that first oil from the North Sea Scolty/Crathes development was today achieved under budget and ahead of schedule.
EnQuest said today that the production and storage vessel for its flagship North Sea Kraken development has left a yard in Singapore.
EnQuest’s boss hailed the firm as the “future of the North Sea” yesterday after revealing financial restructuring plans that include a share placing worth £82million.
EnQuest said it plans to launch a proposed issuance of equity through a placing and open offer deal which could raise £82million.
Oil and gas operator EnQuest is axeing 45 roles, including directly employed staff and contractors, in Aberdeen.
The Granite City is still being favoured by property investors despite the ravages of the oil price crash, advisers have claimed.
Cash-strapped oil and gas explorer EnQuest is set to raise £50million through the sale of its new headquarters building in a deal that was struck just weeks before staff move in.
Fifteen golf clubs across Aberdeen City and Shire have been gifted life-saving equipment worth more than £15,000 by leading North Sea oil producer, EnQuest, in partnership with safety training and offshore services specialist, Falck Safety Services.
Life-saving defibrillators worth more than £15,000 have been supplied to golf clubs in the north-east thanks to a campaign by Bernard Gallacher.
Primary school pupils in Aberdeen were given a ‘golden’ opportunity to try their hand at golf after North Sea oil producer EnQuest supported a visit to the Paul Lawrie Golf Centre.
Sporting legend Bernard Gallacher helped a leading North Sea oil producer raise more than £71,000 for charity.