Fossil Energy – Decommissioning
EnQuest is delighted to have reached an agreement with joint venture partners to expand its decommissioning management role to encompass the full scope at the Greater Kittiwake Area.
This agreement recognises EnQuest’s ability to deliver safe sector-leading decommissioning performance, building on the expertise displayed 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 Group’s operated suspended and shut-in wells, within five years of cessation of production.