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EnQuest
EnQuest plc is an independent United Kingdom-based petroleum exploration and production company which operates mainly in the United Kingdom Continental Shelf. EnQuest shares are included on the main list of the London Stock Exchange and the firm holds a secondary listing on Nasdaq OMX Stockholm. History The company was formed in April 2010 by a combination of the demerged British North Sea assets of Petrofac and Lundin Petroleum. Operations The firm has interests in six oil fields located in the Northern North Sea The North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands and Belgium. An epeiric sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian S ..., two of which (the West Don and Don Southwest fields) previously formed the Petrofac Energy Developments business unit and have a combined production of . The other four (Broom, Heather, Thistle and Deveron) were part-o ...
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Lundin Petroleum
Lundin Energy (former Lundin Petroleum) is an independent oil and gas exploration and production company formed from Lundin Oil in 2001 and based in Sweden with focus on operations in Norway. It is listed on the Stockholm Stock Exchange. Lundin Energy had 671 million barrels of oil equivalent (MMboe) of proven plus probable reserves at the end of 2020 whereas contingent resources amounted to 276 MMboe. The company's commercial success is overshadowed by a Swedish war crimes investigation into its past operations in Sudan. Chairman Ian Lundin and former CEO Alex Schneiter are the suspects of the preliminary investigation. In April 2020, the company changed its name from Lundin Petroleum AB to Lundin Energy AB. Operations Lundin Energy is fully focused on Norway where the company holds 89 licenses. Core areas are the Utsira High Area and Alvheim in the North Sea and the Loppa High in the southern Barents Sea. In 2010, Lundin Energy discovered the Johan Sverdrup oil field, on ...
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Low Cost Operator
Low or LOW or lows, may refer to: People * Low (surname), listing people surnamed Low Places * Low, Quebec, Canada * Low, Utah, United States * Lo Wu station (MTR code LOW), Hong Kong; a rail station * Salzburg Airport (ICAO airport code: LOWS), Austria Music * Low (band), an American indie rock group from Duluth, Minnesota Albums * ''Low'' (David Bowie album), 1977 * ''Low'' (Testament album), 1994 * ''Low'' (Low EP), 1994 Songs * "Low" (Cracker song), 1993 * "Low" (Flo Rida song), 2007 * "Low" (Foo Fighters song), 2002 * "Low" (Juicy J song), 2014 * "Low" (Kelly Clarkson song), 2003 * "Low" (Lenny Kravitz song), 2018 * "Low" (Sara Evans song), 2008 * "Low", by Camp Mulla * "Low", by Coldplay from '' X&Y'' * "Low", by Inna from the self-titled album * "Low", by Marianas Trench from '' Fix Me'' * "Low", by R.E.M. from '' Out of Time'' * "Low", by Silverchair from ''Young Modern'' * "Low", by Sleeping with Sirens from '' Feel'' * "Low", by Tech N9ne from ''K.O. ...
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Nasdaq OMX Stockholm
Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange ( sv, Stockholmsbörsen), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total of 832 companies are listed on Nasdaq Stockholm with 385 companies on the main market and additional 447 listed on secondary markets (Nasdaq First North and Nasdaq First North Premier). History The Stockholm Stock Exchange was acquired by futures exchange OM in 1998. After OM merged with the Helsinki Stock Exchange to form what is now OMX in 2003, the Stockholm and Helsinki exchanges' operations were merged. Since 2008, the Stockholm Stock Exchange has been part of Nasdaq, Inc. (formerly called ''Nasdaq OMX Group'') and its Nasdaq Nordic markets. As of October 2014, the exchange operated under the legal name ''Nasdaq OMX Stockholm AB'' (renamed ''Nasdaq Stockholm AB'' in 2015). Prior to the introduction of electroni ...
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British Companies Established In 2010
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ...
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Oil And Gas Companies Of The United Kingdom
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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The Herald (Glasgow)
''The Herald'' is a Scottish broadsheet newspaper founded in 1783. ''The Herald'' is the longest running national newspaper in the world and is the eighth oldest daily paper in the world. The title was simplified from ''The Glasgow Herald'' in 1992. Following the closure of the ''Sunday Herald'', the ''Herald on Sunday'' was launched as a Sunday edition on 9 September 2018. History Founding The newspaper was founded by an Edinburgh-born printer called John Mennons in January 1783 as a weekly publication called the ''Glasgow Advertiser''. Mennons' first edition had a global scoop: news of the treaties of Versailles reached Mennons via the Lord Provost of Glasgow just as he was putting the paper together. War had ended with the American colonies, he revealed. ''The Herald'', therefore, is as old as the United States of America, give or take an hour or two. The story was, however, only carried on the back page. Mennons, using the larger of two fonts available to him, put it in t ...
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North Sea
The North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands and Belgium. An epeiric sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian Sea in the north. It is more than long and wide, covering . It hosts key north European shipping lanes and is a major fishery. The coast is a popular destination for recreation and tourism in bordering countries, and a rich source of energy resources, including wind and wave power. The North Sea has featured prominently in geopolitical and military affairs, particularly in Northern Europe, from the Middle Ages to the modern era. It was also important globally through the power northern Europeans projected worldwide during much of the Middle Ages and into the modern era. The North Sea was the centre of the Vikings' rise. The Hanseatic League, the Dutch Republic, and the British each sought to gain command of the North Sea and access t ...
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Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Petroleum reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs, the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulation of liquid oil underground in multiple (potentially linked) reservoirs, trapped as it rises by impermeable rock formations. In industrial terms, an o ...
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Petrofac
Petrofac Limited is an international energy services company that designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. It is registered in Jersey (number 81792), with its main corporate office on Jermyn Street, London. It has operational centres in Aberdeen, Sharjah, Woking, Chennai, Mumbai, Abu Dhabi, Saudi Arabia and Kuala Lumpur. There are another 24 offices in various countries. The company is listed on the London Stock Exchange. History The company was established as a producer of a modular plant in Tyler, Texas, United States in 1981. It was first listed on the London Stock Exchange in 2005. In 2010, it bought a 20 percent share in the Gateway storage scheme, an undersea cavern for gas storage. In November 2013, Petrofac and the Italian oil firm Bonatti partnered on a $650 million joint venture with Sonatrach to develop new separation and booster compression facilities, extending the life of the Alrar gas field in sout ...
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Demerger
A demerger is a form of corporate restructuring in which the entity's business operations are segregated into one or more components. It is the converse of a merger or acquisition. A demerger can take place through a spin-off by distributed or transferring the shares in a subsidiary holding the business to company shareholders carrying out the demerger. The demerger can also occur by transferring the relevant business to a new company or business to which then that company's shareholders are issued shares of. In contrast, divestment can also "undo" a merger or acquisition, but the assets are sold off rather than retained under a renamed corporate entity. Demergers can be undertaken for various business and non-business reasons, such as government intervention, by way of antitrust law, or through decartelization. See also * Equity carve-out *Successor company A successor company takes the business (products and services) of the previous companies with the goal to maintain th ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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