Company Moves News Oil & Gas

EnQuest appoints Salman Malik as CFO

EnQuest plc has appointed Salman Malik as chief financial officer (CFO) and an executive director. Mr Malik is currently the company’s managing director – corporate development, infrastructure and new energy as well as a member of the executive committee. He will succeed Jonathan Sweeney who is due to join Tullow Oil plc later his year. […]

Company Moves News Oil & Gas

EnQuest appoints Rani Koya as board NED

EnQuest plc will appoint Rani Koya as a non-executive director of the board with effect from 1 January 2022.  She will become a member of the technical and reserves committee. Ms Koya has more than 20 years’ experience working within large multinational, independent and start-up energy companies.  These include Shell International, Hess and Tullow and […]

News Oil & Gas

EnQuest lowers forecast over challenging production

EnQuest plc has lowered its forecast due to “challenging” production at Magnus and Kraken fields in the North Sea as well as in Malaysia. CHALLENGING The group expects production for the year to be around 45,000 boepd, including the contribution from Golden Eagle. The figure is lower than the 46,000 and 52,000 boepd announced in […]

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. 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. […]