EnQuest plc has completed its purchase of a 26.69% non-operated interest in the Golden Eagle area development in the North Sea.
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The project includes the Golden Eagle and Peregrine fields in blocks 20/1, 20/1N and 14/26a, located 110km northeast of Aberdeen.
“As a highly cash generative asset, delivering material incremental production, reserves and resources, Golden Eagle is a great addition to our portfolio, further strengthening the company,” said chief executive Amjad Bseisu.
“We look forward to a productive partnership with the operator, CNOOC and our joint venture partners, NEO Energy and ONE-Dyas.”