News Oil & Gas

EnQuest appoints Liv Monica Stubholt as NED

Liv Monica Stubholt is appointed as a non executive director of the EnQuest board with effect from 15 February 2021. She will also become a member of the Audit Committee and the Safety, Climate and Risk Committee. Ms Stubholt is a corporate lawyer and has extensive experience in the energy industry and across public policy […]

News Oil & Gas

EnQuest expects 2020 output below guidance range

EnQuest plc today said it expected full year production for 2020 to be below its guidance range for its operations in the UK and Malaysia. Group production averaged 60,777 boepd in the ten months to end October 2020, with full year production guidance expected to be slightly below the mid-point between 57,000 to 63,000 boepd. […]

News Oil & Gas

EnQuest to cut more than 500 North Sea jobs

EnQuest announced it will make 530 redundancies in its North Sea operation to make savings of £241million ($300m) following the slump in demand and in oil prices. The industry’s body Oil and Gas UK has warned that it expected as many as 30,000 job losses across all companies to go as a result of the […]