EnQuest COO and executive director Neil McCulloch is stepping down today from his posts, by mutual agreement, according to the UK independent operator. In his place, Faysal Hamza has been appointed Interim Head of North Sea, and Bob Davenport has been appointed Managing Director…
EnQuest says its Kraken field is on track to reach 50,000 bo/d gross in the first half of 2018 after achieving month on month production growth since coming on stream June this year. Armada Kraken FPSO Early this month…
EnQuest’s Kraken heavy oil development in the UK North Sea is taking longer to ramp up than expected with topsides equipment commissioning taking longer than expected. However, full cycle gross project capex on the field is now estimated to be about US$2…
First oil from the US$2.5 billion Kraken floating heavy oil development in the UK North Sea has been announced. The Kraken development, about 125km east of the Shetland Islands, off Scotland, is due to comprise a total 25 wells (14…
EnQuest's US$2.6 billion Kraken heavy oil field development is on track for first oil before the end of June, according to the North Sea independent. The Kraken development, about 125km east of the Shetland Islands, off Scotland, will…
UK independent EnQuest says first oil from its US$2.6 billion Kraken heavy development in the UK North Sea is on track for Q2 after hook-up works completed. The Kraken development, about 125km east of the Shetland Islands, off Scotland…
EnQuest confirmed that its Kraken floating production and storage offloading unit (FPSO) arrived in the North Sea, set to deliver first oil in Q2 2017. Image of EnQuest. The US$2…
BP and EnQuest signed a US$85 million deal that will see EnQuest take over operatorship and 25% stake in the Magnus oil field in the North Sea, with a future option to take full ownership of the field. Image from EnQuest…
EnQuest has named Neil McCulloch as the company’s new chief operating officer (COO), who will also join the board as an executive director. McCulloch, currently EnQuest’s president, North Sea, is being promoted to the group position of COO…
UK independent EnQuest has brought its Scolty and Crathes development in the UK North Sea onstream. The firm also confirmed sailaway of the US$2.6 billion Kraken development floating production, storage and offloading vessel is due in coming days…
UK independent EnQuest's proposed deal with Delek Group over the sale of a stake in the Kraken development in the UK North Sea has fallen through. EnQuest said the two parties had been unable to reach an agreement and discussions have been terminated…
North Sea independent EnQuest has cut the cost of its Kraken heavy oil development in the North Sea by a further US$150 million, thanks to progress on the drilling campaign and subsea workscopes. The cost of the development, which will see a floating production…
EnQuest and Delek Group have signed a non-binding memorandum of understanding (MoU) to farm out 20% interest in the Kraken heavy oil development in the UK North Sea. The area is located in Blocks 9/2b and 9/2c in License P1575, approximately 350km northeast of the city of Aberdeen…
EnQuest’s Eagle oil discovery in the Greater Kittiwake area (GKA) in the North Sea is getting some heat from Dana Petroleum, after the company said that EnQuest did not have the authority to drill the well. Image from EnQuest…
UK independent EnQuest has confirmed a discovery on the Eagle exploration well in the Greater Kittiwake area in the North Sea. Assessment of the results is underway and preliminary analysis indicates Fulmar oil bearing reservoir was…
