EnQuest bosses said today that the recent shrinking of the firm’s UK North Sea footprint was just part of the “natural cycle”.
EnQuest has insisted its day-to-day operations are not “materially affected” by the coronavirus outbreak.
EnQuest today announced deeper cuts to its spending plans as it published full-year results showing it lurched into the red in 2019.
EnQuest is to delay publication of its full year financial results due to the coronavirus.
Oil and gas firm EnQuest has confirmed plans to decommissioning its fire-damaged Heather Alpha platform in the northern section of the UK North Sea.
Shares in EnQuest climbed today despite the company indicating production would drop slightly this year in light of North Sea platform shutdowns.
North Sea oil firm EnQuest has confirmed it will change rota patterns for hundreds of its offshore workers.
Dozens of Petrofac workers have this week transferred over to North Sea operator EnQuest.
KCA Deutag has confirmed that 69 jobs are at risk on its EnQuest operations.