EnQuest
Corporate/Government Newsroom
EnQuest is an independent oil and gas development and production company, focused on turning opportunities into value by targeting maturing assets and undeveloped oil fields. Source
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| Scope | National |
|---|---|
| Language | English |
| Country | United Kingdom |
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Search Articles2026 Half Year Results
Unless otherwise stated, all figures are in US Dollars. Comparative figures for the Income statement relate to the period ended 30 June 2025 and the Balance sheet as at 31 December 2025. Alternative performance measures are reconciled within the ‘Glossary – Non-GAAP measures’ at the end of the Financial Statements. EnQuest Chief Executive, Amjad Bseisu, said: “The first half of 2026 has marked a seminal period in EnQuest’s evolution.
Satisfaction of conditions precedent to completion of the Proposed Acquisitions
EnQuest is today pleased to announce that all conditions precedent to completion of the Proposed Acquisitions have been satisfied in full, namely: Passing of the Resolution at the General Meeting, announced on 11 August 2026; and PETRONAS having issued the PETRONAS Farmout Approval.
Results of General Meeting
EnQuest PLC announces that, at the General Meeting held earlier today, in relation to the proposed acquisition of participating interests in four offshore production sharing contracts in Malaysia from PETRONAS CARIGALI SDN. BHD.
Publication of combined Circular and Prospectus and Notice of General Meeting
Further to the announcement made on 10 June 2026 (the “FOA Announcement”) and the update announcement made on 10 July 2026 regarding the pre-emption rights in relation to Package 2, EnQuest is pleased to announce that it has today, following receipt of approval from the Financial Conduct Authority (the "FCA"), published a combined prospectus and shareholder circular (the "Prospectus") in relation to the proposed acquisitions of participating interests in four production sharing contracts in...
Proposed $833 million acquisition of Participating Interests in PSCs Offshore Malaysia
EnQuest PLC (“EnQuest” or the “Company”), an independent energy company listed on the London Stock Exchange, is pleased to announce that its wholly-owned subsidiary, EnQuest Petroleum Production Malaysia Limited (the “Purchaser”), has agreed to acquire three separate packages (the “Proposed Acquisitions”) that include interests in four offshore production sharing contracts in Malaysia (the “Participating Interests”).
Annual General Meeting - Chief Executive’s Statement
EnQuest’s strategy continues to be underpinned by a differentiated, top-quartile operating capability that is demonstrated consistently across the asset lifecycle, both in the UK and South East Asia. In 2025, production efficiency across our operated portfolio was 89%, even after reflecting a third-party outage that impacted our Magnus field. This operational excellence remains a defining strength of the Group and a critical enabler of our growth ambitions.
Results for the year ended 31 December 2025 and 2026 outlook
Unless otherwise stated, all figures are in US Dollars. Comparative figures for the Income Statement relate to the year ended 31 December 2024 and the Balance Sheet as at 31 December 2024. Alternative performance measures are reconciled within the ‘Glossary – Non-GAAP measures’ at the end of the Financial Statements.
Full year 2025 operations update and 2026 guidance
EnQuest Chief Executive, Amjad Bseisu, commented: “The Group delivered another impressive year of operational performance in 2025, with asset uptime of c.90%, production above the top end of our guidance range at 45.6 Kboed, and strong cost management. We also grew our operations by expanding our South East Asia footprint, acquiring and integrating our new Vietnam business, delivering first gas from our Seligi 1b project (Malaysia) nine months ahead of schedule, and entering Brunei and Indonesia.
EnQuest awarded Cendramas PSC partnership in Peninsular Malaysia
EnQuest PLC, an independent oil and gas production and development company, listed on the London stock exchange, is pleased to announce its wholly-owned affiliate, EnQuest Petroleum Production Malaysia Ltd (‘EnQuest’) has received a Letter of Award (‘LOA’) as a Partner in the Cendramas Production Sharing Contract (‘PSC’) in partnership with Medco Asia Pacific Limited (‘Medco’) and DIALOG Resources Sdn Bhd (‘DIALOG’) by Petroliam Nasional Berhad (PETRONAS) (‘PETRONAS’) through Malaysia...
EnQuest awarded Block 12W Production Sharing Contract extension
Granted on the PSC’s existing terms, this extension runs to July 2034 and provides EnQuest and its partners the opportunity to access upside across Block 12W, with prospectivity spread across three gas discoveries and several additional targets.