EnQuest PLC 2018 AR2
The report highlights EnQuest PLC's operational and financial performance for the fiscal year 2018, during which the company grew production by 48% to 55,447 Boepd. A key milestone was the acquisition of the remaining 75% interest in the Magnus oil field and additional interests in the Sullom Voe Terminal from BP, significantly increasing its 2P reserves to 245 MMboe. Financially, the company doubled its EBITDA to $716.3 million and reduced its net debt by 10.9% to $1,774.5 million. On the sustainability front, EnQuest achieved a 17.6% reduction in its greenhouse gas emissions intensity ratio, while maintaining strong safety records, including several assets remaining lost-time incident free.
Company: EnQuest PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2018
Type: AR2
Pages: 152
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EnQuest PLC
Annual Report And Accounts
The report highlights EnQuest PLC's operational and financial performance for the fiscal year 2018, during which the company grew production by 48% to 55,447 Boepd. A key milestone was the acquisition of the remaining 75% interest in the Magnus oil field and additional interests in the Sullom Voe Terminal from BP, significantly increasing its 2P reserves to 245 MMboe. Financially, the company doubled its EBITDA to $716.3 million and reduced its net debt by 10.9% to $1,774.5 million. On the sustainability front, EnQuest achieved a 17.6% reduction in its greenhouse gas emissions intensity ratio, while maintaining strong safety records, including several assets remaining lost-time incident free.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees