EnQuest expands Decommissioning Operator role in the Greater Kittiwake Area
Recognising EnQuest’s ability to deliver safe results, market-leading decommissioning performance and cost and schedule efficiencies, the joint venture has appointed EnQuest to continue as GKA operator for the full decommissioning scope with Shell transferring its decommissioning management role to EnQuest. Note: Shell had retained operator responsibility for decommissioning the Kittiwake platform and the Mallard field, a subsea tie-back to the Kittiwake platform, when it divested the GKA fields.
The GKA infrastructure is expected to continue production into the late 2020’s with EnQuest proactively planning for a managed decommissioning programme post cessation of production.
EnQuest is delivering on its strategic objective to be the preferred decommissioning operator in the North Sea. EnQuest has demonstrated market leading decommissioning operator performance through execution of complex decommissioning projects, including the removal of the EnQuest Producer and Northern Producer facilities and the ongoing and extensive well plug and abandonment (‘P&A’) scopes at the Thistle and Heather fields at 40% below benchmark costs. EnQuest is on track to complete the P&A of 77 wells, which represents 60% of the EnQuest operated suspended and shut-in wells, within 5 years of cessation of production.
John Allan, EnQuest Decommissioning Director, said “this is a great vote of confidence in EnQuest by our GKA partners Shell and Dana. It reflects our strong track record of safe, efficient and successful execution of complex decommissioning scopes which is an important part of our company growth strategy.“
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For further information please contact:
EnQuest PLC
Tel: +44 (0)20 7925 4900
Amjad Bseisu (Chief Executive Officer)
Jonathan Copus (Chief Financial Officer)
Craig Baxter (Head of Investor Relations and Corporate Affairs)
Teneo
Tel: +44 (0)20 7353 4200
Martin Robinson
Harry Cameron