Financial Times - Dec 2
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. The UK government will announce plans for a new council of defence industry leaders and business in an effort to enhance collaboration between Whitehall and technology companies, smaller start-ups as well as giants within the sector. The Chancellor of Duchy of Lancaster Pat McFadden…
Starmer, the UK's ambassador to Berlin, is there for talks on resetting ties with Europe
On Wednesday, British Prime Minister Keir starmer will discuss an economic and defense accord with German leaders. He hopes to use his two-day trip to Europe's leading powers Germany and France as a chance to reset the relationship with the rest. Starmer stated that he wanted Britain move past the previous Conservative Government's fractious relationships with European allies, and place improved ties as the core of his efforts in order to boost Britain's economy.
Starmer wants to help Europe reset its ties by pursuing a defence deal with Germany
British Prime Minister Keir Starmer will discuss a landmark economic and defence accord with German leaders on Wednesday, hoping to use a visit to pursue a "once-in-a-generation opportunity" to reset relations with the rest of Europe. Starmer, who is on a two-day trip to Germany and France to promote Britain's economy, said that he wanted to see Britain move past the fractious relationship with European allies of the previous Conservative government and place improved relations at the center of his efforts.
First Subsea to Cover Formosa 1
UK-based offshore technology services provider First Subsea has delivered beach landing cable protection for three export cables on the 120MW Formosa 1 Phase 2 offshore wind farm in Taiwan.According to the Lancaster-based company, the contract was awarded by Jan De Nul Group, EPCI contractor for delivery and installation of the project’s cables and foundations.Three systems, each 250m in length were contracted in Feb 2019 and delivered on time at the end of March 2019.
Hurricane Energy Spuds Lincoln Crestal
UK-based oil exploration and production company Hurricane Energy said it has spudded the second of three wells on the Greater Warwick Area in the UK North Sea.Well 205/26b-B well, or Lincoln Crestal, was was spudded – the start of the drilling process – using the Transocean Leader rig, which recently completed work to plug and abandon the Warwick Deep well.An update will come once drilling and testing has been completed…
Hurricane Achieves First Oil at Lancaster
Hurricane Energy has announced first oil at its Lancaster field off Scotland, the first such success for so-called fractured basement reservoirs in Britain and a major milestone for the company within its guided schedule.Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs, which some see as a risky way to obtain crude."Lancaster is the UK's first…
Aoka Mizu FPSO Hooks Up to Lancaster Field
Hurricane Energy's floating production, storage and offloading (FPSO) vessel has been connected to the group's North Sea Lancaster oilfield, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs, which some see as a risky way to obtain crude."The Aoka…
Big Oil Digs North Sea's 'Final Frontier'
"Little hope of THIS rock ever producing oil," BP geologist Bill Senior scribbled in 1977 on a note assessing a recent oil discovery in a distant corner of the North Sea.That same rock is today the heart of BP's prized Clair field in the West of Shetland region, which this week started its second phase of production.The giant bridge-linked Clair Ridge platforms are among the projects that have given new life to this area of the North Sea…
Hurricane FPSO Leaves Dubai After Upgrade, Shetlands First Oil Seen in H1
The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs, which some see as a risky way to obtain crude.It expects first oil from its Greater Lancaster Area (GLA) project…
Production Floaters Orders Are on the Rebound
Fifteen production floaters were contracted in 2017 – 11 FPSOs, two production semis, a wellhead TLP and an FLNG – and the number of deep water projects in the near-term planning queue indicates production floater orders are set to accelerate. This is a big change from 2016 when orders for new units totally dried up and the deepwater future looked pretty bleak. Here’s a round-up of contracts awarded last year and in January 2018.
Drydocks World Takes on FPSO Aoka Mizu Projects
Drydocks World, a marine, onshore and offshore service provider to the oil, gas and renewable energy sectors, has signed an agreement for two new projects with Bluewater Energy Services B.V. and end client Hurricane Energy plc. Building on Drydocks World’s track record of 32 conversions and six turrets, the yard will now undertake a repair, life extension and upgrade project on Floating Production Storage & Offloading (FPSO) vessel Aoka Mizu…
New Electrical Steam Boiler Module for Aoka Mizu FPSO
Parat Halvorsen AS said it recently secured a contract to design and fabricate a complete, turnkey steam boiler module for the Floating Production & Storage Offshore (FPSO) vessel Aoka Mizu owned by Bluewater Energy Services BV. The FPSO is being decommissioned for the Lancaster project which is owned and operated by Hurricane Energy UK. The module will include 2 x 3200kW electric steam boilers based on the PARAT MEL design and will provide an additional 9…
Output Spike Brightens North Sea's Twilight Years
New oil projects over the next two years in the North Sea will have combined capacity to produce 1.2 million barrels per day (bpd), offsetting a slide in output from the oldest deepwater basin that produces the world's benchmark crude. The projects stretch from the West Shetlands to the icy fringes of the Arctic Ocean, Reuters research shows. North Sea crude output was 2.54 million bpd in 2016 and is forecast to reach 2.59 million bpd in 2017 and 2.63 million bpd in 2018…
Hurricane Energy Triples North Sea Recoverables Estimate
Hurricane Energy, listed on London's Alternative Investment Market (AIM), has tripled its estimate of recoverable oil from its Lancaster field in the North Sea, the company said on Friday. The statement comes just over a week after the company announced an oil discovery in the Halifax well in the West Shetlands region, which it thinks could be Britain's largest undeveloped oil find. As part of a day of presentations to analysts and investors…
Pipeline Fight Moves from Dakotas to Louisiana
When Hope Rosinski's father gave her a six-acre plot in Louisiana more than a decade ago, she was surprised to find oil and gas pipelines crisscrossing the property. Pipeline companies later secured her permission for two more lines, one of which has since caused flooding and consistently leaves her land saturated. Now she's had enough. Rosinski is fighting the latest request for a right-of-way, this time from Energy Transfer Partners - the company behind the controversial Dakota Access Pipeline.
Hurricane Energy spuds Halifax well (UK)
Hurricane Energy plc announced the spudding of well 205/23-A on 15 January 2017. The recently drilled Lancaster Pilot well (205/21a-7) encountered a minimum oil down to (ODT) of 1,620m TVDSS, indicating that the Lancaster oil accumulation is likely to extend beyond the Lancaster licence boundary. The recently awarded P2308 licence ("Halifax") is contiguous to, and extends north east from, Hurricane's existing Lancaster licence.
Completion of Lincoln Well Operations - Hurricane Energy
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that the Company has completed the drilling and logging phase of the 205/26b-A well (the "Lincoln Well"). The information communicated below relating to the Lincoln Well is preliminary and will be updated following detailed analysis once the final well data and third party reports have been received and analysed.
Hurricane Energy Lancaster Well Spud
Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that the 205/21a-7 well on the Lancaster field, West of Shetland, was spudded at approximately 01.35 hrs on 6 July 2016, using the Transocean Spitsbergen drilling rig. The well is located on licence P1368 Central in which Hurricane has a 100% interest. The 205/21a-7 Pilot…
Top Deck Changes at Hurricane Energy
Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that Non-executive Chairman, John Hogan, has advised the Company of his intention to step down from the Board upon completion of a three year term of office in March of this year. The Company announced that Dr Robert Arnott has agreed to join the Board as a director and non-executive Chairman. The Board changes will be effective on 1 March 2016.
Directorate Change - Hurricane Energy
Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that Nicholas Mardon-Taylor will retire as Chief Financial Officer and as a director of Hurricane, as planned, on 31 January 2016. The process to identify a new Chief Financial Officer is underway and a further announcement will be made when appropriate. "Nicholas has been…
