EnQuest Tag

Independent UK oil producer EnQuest (LSE:ENQ) has returned to the black this year after a US$1.2 billion write-down to the value of its assets contributed to losses of $1.3 billion in 2015. The company resorted to a $400 million refinancing package last October, which seems to...

British oil major BP (LSE:BP) will sell part of its stake in the Sullom Voe Terminal (SVT) and the Magnus oil field to EnQuest (LSE:ENQ). The oil field is located 160km north-east of the Shetland Isles in the North Sea, while the Sullom Voe oil and...