Enquest Share Discussion Threads

[laserdisc] 16/10/2023 10:35

2023-10-16 07:40 BST Navigation status changed moored

[steelwatch] 16/10/2023 08:37

ATA: 2023-10-16 04:16, so, allowing c.30 hrs loading, cast off tomorrow would be 28 days since previous on 19 Sept., STC.

edit: ATD: 2023-10-16 20:10, so actually, 27 days. I think the shuttle may have partially loaded previously, then broken off temporally to ride out the bad weather before resuming the transfer earlier today. Currently en route to Scapa Flow for STS discharge.

[runner2018] 13/10/2023 14:03

Thanks for updates Steel

[steelwatch] 13/10/2023 11:06

Bad weather delaying hook-up

[gregpeck7] 08/10/2023 10:57

Oil prices will rocket tomorrow

[steelwatch] 08/10/2023 10:47

Cheers laser 👍

[laserdisc] 07/10/2023 18:00

AMUNDSEN SPIRIT due 10/10/23 Kracken

[blackhorse23] 26/9/2023 08:27

Bought more PFC today

[blackhorse23] 26/9/2023 08:27

Dropping below 10p

[1347] 26/9/2023 08:17

Anyone got the details of the last Kraken offload, ATA, ATD, Ship etc?

[mallorca 9] 23/9/2023 08:08

Sentiment on energy stocks probably at an all time low.
The windfall tax has killed investment in the north sea.
There does seem to be an energy crisis on the way though lead by oil shortages.
I've taken a punt based on the windfall tax being lifted.

[stansmith1] 22/9/2023 11:46

i would have thought this would have turned up before now for the reasons you just mentioned...wonder why not....?

[mallorca 9] 22/9/2023 10:40

I've just bought in here.
With Russia and Saudi reducing supply and the USA having emptied their reserves, I think that there is going to be an energy crisis this winter (oil shortage and huge spike in price).
Our Government is going to have to stimulate investment in the North Sea , which has totally collapsed .... their windfall tax of 75% will have to go , after all, 75% of nothing is nothing.
Pre tax profits now running at around £200m pa ... so market cap (without windfall tax )should be at least £2b.

[steelwatch] 19/9/2023 10:58

Stigsnaes: facilities facts

Oils

406,000m³ of storage
Mild steel tanks
Temperature controlled storage
Tank-to-tank homogenising/blending via mixers or jet nozzles
Deep water jetty (VLCC)
Max draft 16.2m, max LOA 335m
Authorised Economic Operator – includes access to simplified customs procedures
High loading rates between 2,000 – 2,500m³/hour
Max size vessel up to VLCC class tankers
Potential to put into service one additional 1,150m³ heated tank
Customs and tax warehousing

[steelwatch] 19/9/2023 10:45

Tide Spirit appears to have flown the coop in a south easterly direction this morning...

edit: ATD: 2023-09-19 09:51

Destination - Stigsnaes Inter Terminal, Denmark ETA: Sep 21, 06:00

[laserdisc] 19/9/2023 10:42

2023-09-190 9:30 BST Navigation status changed under way using engine Stigsnaes Oil Terminal

[steelwatch] 18/9/2023 17:36

Cheers laser. Allowing c.30 hrs from hook up to cast off, dispatch tomorrow would be 23 days since previous on 28 August, stc.

[avobull] 18/9/2023 10:59

Fourteen high volume storage operators learned today they’ve received 21 licences between them to pump CO2 and other greenhouse gas pollutants into voids under the North Sea bed.
Depleted fossil fuel reservoirs and saline acquifers covering an area the size of Yorkshire could be home to 30 million tonnes of the polluting gas annually by 2030, a volume equivalent to 10% of 2021’s national emissions.
The North Sea Transition Authority, the new name since March 2022 of the old Oil & Gas Authority, itemised today its first grant of storage licences. For beneficiaries, see the table at the end of this piece.
Bacton on the north Norfolk coast, pictured, is confirmed as a hub for storage and other energy activities, following licence grants to Shell, Italian giant ENI and Perenco, the Anglo-French independent. The location will count this decade on a combination of hydrogen and electricity processing, generated by offshore turbines, added to oshore management of sub-seabed GHG & CO2 reservoirs.
Aberdeen, Teesside and Merseyside appear similarly placed.
Today’s grants are the first among an estimated 100 storage licences which the NSTA and Whitehall believes will be needed to meet Net Zero. Officials are encouraged that the volume of licence applications received for this round demonstrate the energy industry’s desire for further UK storage sites.
“It's exciting to award these licences”, opined NTSA chief executive Stuart Payne. “Our teams will support the licensees to bring about first injection of carbon dioxide as soon as possible.
Six licences have already been granted by the NSTA. The government recently announced £20bn funding for the progression of these existing projects. Two locations, Hynet on Humberside and the East Coast Cluster, have been selected as Track 1, while Acorn and Viking CCS projects have been chosen in Track 2 clusters.
An updated GIS map is available here. Redacted versions of all the licences will be published in coming days.
Ruth Herbert, chief executive at the Carbon Capture and Storage Association, observed:
“We welcome the acceptance of carbon storage licences, a significant step towards achieving net zero. These licences mark a substantial milestone towards widespread deployment of CCS.
“With the potential to store almost 10% of the UK's greenhouse gas emissions in these new locations”, she went on, “starting to develop these sites paves the way for a cleaner and more sustainable future. The next step is a carbon capture deployment plan to enable us to fully exploit our future CO2 storage capacity.”
Among licensees announced by the NTSA, Acorn received grants for the Acorn East and East Mey CO2 stores off Aberdeenshire. The operator is a four-way partnership between Shell, Storegga, Harbour Energy and Northsea Midstream Partners.
Licenced first by Holyrood in 2018, the combine now commands capacity of around 240 megatonnes (Mt) of CO2 beneath the North Sea. It is charged with providing the transport and storage network for the Scottish Cluster to store CO2 emissions 100km offshore, in geological formations 2.5km below the seabed.
An Acorn spokesperson commented : "These extensive areas of subsea acreage are key elements in Acorn’s long-term strategy. The North Sea Transition Authority’s award of these carbon storage licences is welcome news, as we continue to respond to Government’s Track-2 process.
“Acorn’s stores 100km north-east of Peterhead have the potential to store c.240 million tonnes of CO2.”
Prime Minister Rishi Sunak confirmed in July that Acorn had entered the Track-2 process covering commercial terms of storage and CO2 provision.
In coming years, the Scottish Cluster is scheduled to include nine different CO2 sources, spanning a variety of high-emitting sectors including industrial sites and power generation plants, as well as new hydrogen generation plant technology.
Its likeliest early CO2 sources include: two of the gas terminals at the St Fergus Gas Complex; SSE and Equinor’s Peterhead Carbon Capture Power Station; a new blue hydrogen plant supplying INEOS and Petroineos sites at Grangemouth; and ExxonMobil and Shell’s facilities at Mossmorran.
Today’s NTSA grants in summary are:
Licence number Licensee Partners (where applicable Area Other info (Area of interest)
CS008 ENI UK Ltd SNS SNS Area 4 Hewett Area
CS009 Perenco UK Ltd Carbon Catalyst Ltd SNS SNS Area 4 Leman Area
CS010 Spirit Energy Production UK Ltd EIS EIS Area 1 Morecambe Area
CS011 Pale Blue Dot Energy Ltd Shell UK Ltd; Chrysaor Ltd CNS CNS Area 2 Acorn East
CS012 Pale Blue Dot Energy Ltd Shell UK Ltd; Chrysaor Ltd CNS CNS Area 1 East Mey
CS013 Enquest CCS Ltd NNS NNS Area 1 Magnus sub area
CS014 Enquest CCS Ltd NNS NNS Area 1 Thistle sub area
CS015 Enquest CCS Ltd NNS NNS Area 2 Tern sub area
CS016 Enquest CCS Ltd NNS NNS Area 2 Eider sub area

[laserdisc] 18/9/2023 10:53

2023-09-18 08:36 BST Navigation status changed moored

[steelwatch] 18/9/2023 08:17

Currently out of range, but reported ATA: 2023-09-18 03:57

[steelwatch] 17/9/2023 12:26

Next Kraken cargo booked, ETA: 2023-09-17 08:00:

[sludgesurfer] 15/9/2023 09:38

Oil over 90 bucks and this trading near all time lows. Enquest has been a disaster for holders. I would genuinely like to know the investment case here because I can't see one.