Veri Energy (‘Veri’), EnQuest’s wholly owned subsidiary, is developing cost-effective and efficient plans to repurpose the terminal site and connected offshore infrastructure to fulfil its ambition of creating a new energy and decarbonisation hub at the Sullom Voe Terminal (‘SVT’).
Having secured an exclusivity agreement in 2022 with the Shetland Islands Council to progress new energy opportunities at SVT, Veri is well placed to deliver on these new energy ambitions in conjunction with potential strategic and financial partners.