EnQuest has announced it has officially ceased production at a pair of North Sea fields, with its FPSO due to sail away in September.
EnQuest today announced deeper cuts to its spending plans as it published full-year results showing it lurched into the red in 2019.
The UK Government has approved a plan to decommission a North Sea development less than five years after first oil.
EnQuest has submitted plans to decommission a North Sea development and its production vessel less than five years after achieving first oil.
EnQuest expects to deliver its full year production guidance this year citing improved performance from its North Sea assets as a major factor in the increase.