North Sea Shares Climb Despite Forecast for Lower Output

Shares in EnQuest climbed today despite the company indicating production would drop slightly this year in light of North Sea platform shutdowns.

EnQuest’s net output is likely to be between 61-68,000 barrels of oil equivalent (boe) per day in 2020, down from the 68,606boe per day achieved last year.

The 2020 forecast was a reflection of…

View entirety: Energy Voice