News Oil & Gas

EnQuest completes 26.69% acquisition of Golden Eagle

EnQuest plc announced it had completed the acquisition of a 26.69% non-operated interest in the Golden Eagle Area Development in the North Sea.

Asset: Golden Eagle is a great addition to EnQuest’s portfolio and further strengthens the company (Suncor Energy)

PARTNERSHIP

“As a highly cash generative asset, delivering material incremental production, reserves and resources, Golden Eagle is a great addition to our portfolio, further strengthening the company,” said chief executive Amjad Bseisu.

“We look forward to a productive partnership with the operator, CNOOC and our joint venture partners, NEO Energy and ONE DYAS.”