Search results for: EnQuest

6014 results

A list of search results

  • 20 June 2016

    EnQuest, an independent oil and gas company focused on the UK sector of the North Sea, saw its shares rise 11.3 percent on Monday afternoon, after it launched a statement rebuffing claims on OGA’s North Sea contingency plans, written in the Telegraph on Saturday. Namely, the UK-based newspaper, citing unnamed sources, said that the country […]

  • 7 September 2017
    Business & Finance

    EnQuest, a UK North Sea oil firm, has appointed a non-executive director to the company’s board with effect from September 7, 2017. EnQuest said that, after joining the board, the new director, John Winterman, would become a member of the Audit, Risk, and Remuneration Committees. Winterman, a member of the American Association of Petroleum Geologists, […]

  • 26 April 2012

    EnQuest PLC (‘EnQuest’) today announces that it has agreed with First Oil plc (‘First Oil’) the proposed acquisition of a further 15% interest in blocks 9/2b and 9/2c including the Kraken oil discovery (‘Kraken’), bringing EnQuest’s total interest in Kraken to 60%. Today’s agreement is subject to the normal regulatory and partner consents and is […]

  • 4 July 2016

    International oil and gas company Dana Petroleum has raised objections over the ownership of the Eagle exploration well in the Central North Sea which was confirmed as a discovery last week by EnQuest.  On July 1, 2016, EnQuest announced the completion of drilling of the Eagle exploration well in the UK North Sea and confirmed it as […]

  • 19 March 2015
    Project & Tenders

    EnQuest, an independent UK-based oil and gas company, has informed that works on the Enquest Producer FPSO at the OGN yard in Newcastle have been completed. The 249m long Floating Production, Storage and Offloading (FPSO) vessel left the yard in Newcastle following major modification and life extension work. According to Enquest, the vessel and has now successfully completed sea trials […]

  • 22 February 2016
    Business & Finance

    EnQuest and Cairn Energy announced on Monday the acquisition of additional interest in the Kraken development project, in the UK North Sea, from First Oil.  EnQuest, the operator of the project, acquired 10.5% bringing its total interest to 70.5%, while Cairn, through its subsidiary Nautical Petroleum Limited, acquired 4.5% interest in the project bringing its total interest to 29.5%. EnQuest and Cairn […]

  • 1 February 2012
    Business & Finance

    EnQuest PLC (‘EnQuest’) today announces that it has completed the acquisition of two companies from Canamens Limited, whose assets include the 20% interest in the Kraken offshore oil discovery. This agreement was announced on 9 January 2012 under which EnQuest would pay an initial consideration of US$45 million dollars in cash and a further US$45 […]

  • 11 December 2017
    Business & Finance

    EnQuest has informed that Neil McCulloch is stepping down as chief operating officer and executive director of the company. Neil joined EnQuest from OMV where he held the role of senior vice president Production & Engineering. Neil is a graduate of Cambridge University and Heriot Watt University and holds a Master’s Degree in Petroleum Engineering […]

  • 15 December 2016
    Business & Finance

    UK-based oil and gas development and production company EnQuest has named a new chief operating officer (COO) and appointed new non-executive director.  EnQuest said on Thursday that Carl Hughes was appointed as the new non-executive director while Neil McCulloch was named the new COO and is set to join the board as an executive director […]

  • 18 July 2016

    UK-based exploration and production company EnQuest has informed that it is holding discussions with Israel-based Delek Group for the sale of 20% interest in the Kraken development in the UK sector of the North Sea.  Kraken is a large heavy oil accumulation located in the East Shetland basin, to the west of the North Viking […]

  • 11 December 2017
    Business & Finance

    The chief operating officer (COO) and executive director of EnQuest has decided to step down from his positions in the company.

  • 2 February 2015
    Business & Finance

    EnQuest PLC, an independent oil and gas exploration and production company, has withdrawn from its small investment in Tunisia. In May 2013, EnQuest announced an agreement to acquire interests in the Didon producing oil field and the Zarat permit, from Sweden’s PA Resources AB. According to EnQuest, PA Resources was to retain a partial interest in […]

  • 28 October 2015
    Project & Tenders

    EnQuest, an independent UK-based oil and gas company, reported on Wednesday it achieved first oil from the Alma/Galia development, in the UK North Sea, on October 27, 2015 following final commissioning of all the required systems. The Alma/Galia fields are located in blocks 30/24c and 30/25c respectively, 310km southeast of Aberdeen, in the Central North Sea. Production […]

  • 28 May 2014
    Business & Finance, Equipment, Project & Tenders

    Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to ten years.

  • 15 September 2016
    Business & Finance, Operations & Maintenance

    EnQuest and Delek have not been able to reach an agreement with regard to the potential sale of an interest in the Kraken development. In July this year, EnQuest entered into discussions with Delek for the sale of an interest in the Kraken development to one of Delek’s subsidiaries. The two companies signed a non-binding […]

  • 21 November 2016
    Business & Finance

    UK exploration & production company EnQuest has completed its financial restructuring, announced back in October, designed to help the company deliver first oil from the North Sea’s Kraken development in the first half of 2017. The company concluded the final stage in the restructuring process on Monday, November 21. The restructuring comprises the implementation of the RCF Amendments, the […]

  • 12 February 2014
    Business & Finance

    EnQuest has announced the appointment of Neil McCulloch as president, North Sea, effective form 1 April 2014. McCulloch has held a number of senior positions in the oil and gas sector and joins EnQuest from international oil and gas company OMV AG, where he had the global role of senior vice president production & engineering. McCulloch will […]

  • 29 November 2011
    Business & Finance

    EnQuest has sanctioned the development of the Alma and Galia fields, subject to anticipated regulatory approvals. This $850 million project will add a fourth hub to EnQuest’s existing operating base, will increase EnQuest’s net 2P oil reserves by 29 MMboe and is expected to increase EnQuest’s production levels to over 40,000 Boepd in 2014. EnQuest […]

  • 28 May 2014
    Business & Finance, Project & Tenders

    Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to ten years. The contract, worth an estimated $630 million, supersedes an initial five year contract awarded to Petrofac in 2013. It supports 300 offshore and onshore jobs, and will see Petrofac continue to provide […]

  • 27 August 2013
    Business & Finance

    Petrofac has been awarded two contracts, to provide Operations and Maintenance (O&M) services and Duty Holder Support Services to operator EnQuest plc on the Heather, Thistle, Northern Producer and EnQuest Producer assets in the North Sea. The contracts are worth approximately US$300 million and the O&M contract is for up to five years; these replace […]

  • 6 December 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Jumbo has been awarded a FPSO mooring, installation and hook-up contract by EnQuest. EnQuest is redeveloping the Ardmore and Duncan fields as Alma and Galia respectively. The project scope is the mooring spread installation and FPSO tow out and hook up. This will be the first offshore project in which Jumbo acts as the main […]

  • 25 June 2015
    Business & Finance

    EnQuest, an independent oil and gas company based in UK, has appointed Philip Holland as a Non-Executive Director with effect from August 1, 2015. James Buckee, Chairman of EnQuest said: “I am delighted to welcome Phil to EnQuest as a Non-Executive Director. “Phil’s extensive project management experience in particular makes him a valuable addition to […]