EnQuest Plc - Company Profile
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EnQuest Plc (EnQuest) is an oil and gas exploration and production company. The company carries out operational and redevelopment interests in onshore and offshore oil and gas fields in the UK North Sea and Malaysia. Its operated assets include Thistle and Deveron, Heather and Broom, the Dons area, Magnus, the Greater Kittiwake area, Scolty and Crathes, Alma and Galia, Kraken, PM8 and Seligi and PM409 production sharing contracts. The company also owns an interest in Alba, a non-operated oil producing field. EnQuest also operates the Ninian Pipeline System, which transports crude oil to the Sullom Voe Oil Terminal (SVT) and the Northern Leg Gas Pipeline for the transportation of natural gas into the UK National Transmission System. The company has offices in Malaysia and the UAE. EnQuest is headquartered in London, Greater London, the UK.
Headquarters
United Kingdom
Address
2nd Floor, Charles House, 5-11 Regent Street, London, England, SW1Y4LR
Website
www.enquest.com
Telephone
44 20 79254900
No of Employees
694
Industry
Energy and Utilities
Ticker Symbol & Exchange
ENQ (LON)
Revenue (2024)
$1.1B
-5.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-98.3%
(2024 vs 2023)
Market Cap*
$569.6M
Net Profit Margin (2024)
XYZ
-98.2%
(2024 vs 2023)
* As of and is in US$
EnQuest Plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Decommissioning Services |
| Crude Oil | Technical Solutions |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In July, the company acquired a 53.125% stake in the Chim Sao and Dua production fields from Harbour Energy, an oil and gas company. |
| 2025 | Contracts/Agreements | In April, the company secured two production sharing contract blocks in the West Papua province of Indonesia from the Indonesian Ministry of Energy and Minerals. |
| 2025 | Plans/Strategy | In March, the company announced its plans to merge with Serica Energy, an oil and gas exploration and production company. |
Competitor Comparison
| Key Parameters | EnQuest Plc | Ithaca Energy Plc | Tullow Oil Plc | Capricorn Energy Plc | Perenco Holdings |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | London | Aberdeen | London | Edinburgh | London |
| State/Province | England | England | England | Scotland | England |
| No. of Employees | 694 | 765 | 346 | 45 | 8,670 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Amjad Adnan Bseisu | Chief Executive Officer; Director | Executive Board | 2010 | - |
| Jonathan Michael Copus | Chief Financial Officer; Director | Executive Board | 2024 | 54 |
| Salman Malik | Chief Executive Officer - Veri Energy | Executive Board | 2022 | - |
| Richard Hall | Chief Operating Officer | Senior Management | - | - |
| Radzif Ahmed | General Manager - South East Asia | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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