Enquest PLC (LON:ENQ)Energy
EnQuest plc is an independent UK-based petrol investigation and creation organization that works predominantly in the United Kingdom Continental Shelf. EnQuest shares are listed in the main list of the London Stock Exchange, and the firm holds a secondary listing on Nasdaq OMX Stockholm.
The company's main activities are investigating, extracting, and creating hydrocarbons in the UK Continental Shelf and Malaysia. The Company centres around developing resources and oil fields. Its geological fragments incorporate the North Sea and Malaysia. The company's UK resources include its interests in creating worked oil fields Heather/Broom, Thistle/Deveron, the Dons region, the Greater Kittiwake Area, and Alma/Galia Kraken and Scolty/Crathes improvements. The company additionally has a non-worked interest in delivering the Alba oil field. In Malaysia, the Company's worked resources incorporate the PM8/Seligi Production Sharing Contract and the Tanjong Baram Risk Services Contract. Its auxiliaries include EnQuest Britain Limited, EnQuest Marketing and Trading Limited, and NSIP (GKA) Limited.
Providing imaginative arrangements is what EnQuest centres around across the entirety of its activities. This approach educates the Group on the most proficient method to lower emissions from its current resource base. It hopes to accomplish a designated 10% decrease over a three-year time frame. Through bridling the creative energy from all its staff, seaward and inland, specialized trained professionals and generalists, the Group aims to convey top-notch decommissioning, securely and at the most minimal conceivable expense, while proceeding to drive the most minimal potential discharges. The firm has operations in six oil fields situated in the Northern North Sea. Two of which (the West Don and Don Southwest fields) recently framed the Petrofac Energy Developments specialty unit and have a joined creation of 40,000 barrels each day (6,400 m3/d).
The other four (Broom, Heather, Thistle, and Deveron) were part-possessed by Lundin Petroleum before the formation of EnQuest and are fit for delivering 24,000 barrels each day (3,800 m3/d). EnQuest is the administrator of each field; its monetary advantages are as follows: In November 2013, EnQuest was allowed consent to foster the Kraken field, which has an expected 140 million barrels of oil.
EnQuest Plc 5th Floor, Cunard HSE, 15 Regent Street SW1Y 4LR United Kingdom