EnQuest plc is an independent United Kingdom-based petroleum exploration and production company which operates mainly in the United Kingdom Continental Shelf. EnQuest shares are included on the main list of the London Stock Exchange and the firm holds a secondary listing on Nasdaq OMX Stockholm.
|Public limited company|
|Traded as||LSE: ENQ, Nasdaq Stockholm: ENQ|
|Industry||Oil and gas industry|
|Founded||6 April 2010|
|Products||Petroleum exploration and production|
|Revenue||$798 million (2016)|
|$345.1 million (2016)|
|$185.2 million (2016)|
The firm has interests in six oil fields located in the Northern North Sea, two of which (the West Don and Don Southwest fields) previously formed the Petrofac Energy Developments business unit and have a combined production of 40,000 barrels per day (6,400 m3/d). The other four (Broom, Heather, Thistle and Deveron) were part-owned by Lundin Petroleum prior to the creation of EnQuest and are capable of producing 24,000 barrels per day (3,800 m3/d). EnQuest is the operator of each field; its financial interests are as follows: In November, 2013, EnQuest were granted permission to develop the Kraken field which has an estimated 140 million barrels of oil.
|Thistle and Deveron||99%|
The Bentley Oil Field is a heavy oil field located on the East Shetland Platform in the UK Northern North Sea, 8 kilometres (5.0 mi) southeast of the Bressay Field (operator: Statoil), 15 kilometres (9.3 mi) east of the Kraken Field (operator: EnQuest) and 20 kilometres (12 mi) north-northeast of the Bruce Field (operator: BP).British Energy Efficiency Federation
The British Energy Efficiency Federation (or BEEF) was founded in 1996 by the United Kingdom Government to provide a forum for consultation between existing industry associations in the energy sector.Centre for Renewable Energy Systems Technology
The Centre for Renewable Energy Systems Technology (CREST) is a research centre into renewable energy based in the Department of Mechanical, Electrical and Manufacturing Engineering, Loughborough University in England.ENQ
ENQ may refer to:
EnQuest, a British petroleum company
Enquiry character, in telecommunicationsEnergy Retail Association
The Energy Retail Association (ERA) was a trade association which promoted the interests of electricity and gas retailers in the domestic market in Great Britain, formed in 2003. In April 2012 it merged with the Association of Electricity Producers and the UK Business Council for Sustainable Energy to become Energy UK.Franco-British Nuclear Forum
The first meeting of the Franco–British Nuclear Forum was held in Paris in November 2007, chaired by the Minister for Energy and the French Industry Minister. The working groups are focusing on specific areas for collaboration. A follow-up meeting on the issue in London was planned for March 2008, but did not take place.List of oil and gas fields of the North Sea
This list of oil and gas fields of the North Sea contains links to oil and natural gas reservoirs beneath the North Sea. In terms of the oil industry, "North Sea oil" often refers to a larger geographical set, including areas such as the Norwegian Sea and the UK "Atlantic Margin" (west of Shetland) which are not, strictly speaking, part of the North Sea. The UK list includes facilities in the Irish Sea.Magnus oilfield
The Magnus oilfield is a large oilfield in the United Kingdom's zone of North Sea. It is located 160 kilometres (99 mi) north-east of the Shetland Islands. The field is located mainly in Block 211/12a. Resources are estimated to total 1.54 billion barrels (245×10^6 m3) of oil, of which 869 million barrels (138.2×10^6 m3) are recoverable reserves.New Electricity Trading Arrangements
New Electricity Trading Arrangements (NETA) is the system of market trading arrangements under which electricity is traded in the United Kingdom's wholesale electricity market as of 27 March 2001. The arrangements provided that parties could trade off their imbalances close to real time.Opus Energy
Opus Energy Limited supplies gas and electricity to businesses across the United Kingdom. It purchases electricity from wind, solar, hydro, and anaerobic digestion generators, and provides support to develop energy-generating sites. It is headquartered in Northampton, United Kingdom with an additional office in Oxford.Regal Petroleum
Regal Petroleum plc is a petroleum company based in London with assets in Romania, Ukraine, Greece, and Egypt. It was founded by Frank Timiş in November 1996, and is listed on the London Alternative Investment Market.Score Group plc
Score Group plc is an international engineering business based in Peterhead, Scotland.Sullom Voe
Sullom Voe is an inlet between North Mainland and Northmavine on Shetland in Scotland. It is a location of the Sullom Voe oil terminal and Shetland Gas Plant. The word Voe is from the Old Norse vagr and denotes a small bay or narrow creek. The Voe, the longest in Shetland, and partially sheltered by the island of Yell was used as a military airfield during World War II both by the Royal Air Force and the Royal Norwegian Air Force as a location for flying boats. With the coming of the oil terminal, the remains of the airbase were upgraded and modernised to create Scatsta Airport which is primarily used to service the terminal.The first crude oil was discovered in the North Sea in 1969, and soon thereafter construction began on the oil terminal at Sullom Voe, north east of the village of Brae, which became operational in 1975 and was completed in 1982, becoming the largest in Europe. Oil flows via pipeline from the Brent and Ninian oil fields to be loaded onto tankers at Sullom Voe. It has recently begun to serve North Atlantic oil fields as well.When Shetland was identified as a location to provide pipeline terminal and support facilities for off-shore oil installations in the northern North Sea, corporations involved had expected to each build their own terminal facilities. However, wishing to minimise the negative impacts of the industry, the Shetland Islands Council (SIC), with power granted to it by the UK Parliament in the 1974 Zetland County Council Act (ZCC Act), were able to contain all pipeline terminal facilities at the Sullom Voe site, now operated by EnQuest on behalf of a consortium of companies operating in the North Sea and North Atlantic.Sullom Voe Terminal
The Sullom Voe Terminal is an oil and gas terminal at Sullom Voe in the Shetland Islands of Scotland. It handles production from oilfields in the North Sea and East Shetland Basin and stores oil before it is transported by tanker.Sunbury Research Centre
The Sunbury Research Centre -- also known as ICBT Sunbury -- is a main research institute of BP in north-east Surrey.TFI International
TFI International Inc. is a Canadian transport and logistics company based in Montreal, Quebec. It operates across Canada through 4 business segments, and in the United States. It has Canada's largest LTL business, largest trucking fleet and ranked 14th in terms of revenue in 2005 among North American LTL carriers (however more recent lists such as  suggest it may be closer to top 5 (2010 1st qtr revenue TFI International $466.1 million versus 5th ranked US company $359.9 million). Its trucking fleet consists of 6700 power units and 12000 trailers. Two thirds of business comes from operations in Eastern Canada while the rest is from Western Canada.
The company's main source of growth has been complete takeovers (it holds no stakes in other companies) of smaller trucking companies (35 in the period of 1992 to 2010) which are then made into subsidiaries, though more recently organic growth contributed to the 53% rise in freight in the first half of 2010. In December 2010 it entered the US market by acquiring Dallas based Dynamex with a $248 million takeover offer. In the 12 months leading up to October 31, 2010 Dynamex made $418 million in revenue (about a quarter as much as TFI International). Even though TFI International cut its trucking fleet by 100 power units in 2010 revenue didn't fall, the result of improved equipment efficiency. Former Quebec premier Lucien Bouchard is a member of the board of directors, representing the interests of Davies Ward Phillips & Vineberg.In 2017 each business unit contributed the following to total revenue : package and courier 28 % (vs 34%), Less-Than-Truckload 19% (vs 20%), Truckload 46% (vs 40%), Logistics 7% (vs 6%). Main competitors are Purolator Courier Ltd., UPS and Fedex
(international), Nationex and Dicom (regional), Day & Ross Inc. (LTL) and Manitoulin Transport Inc, Challenger Motor Freight Inc. and SGT 2000 Inc.; and in the Logistics sector, C.H. Robinson. In 2017 3882 employees were added through business acquisitions.For 2012 all of the revenue growth came from the package and courier segment attributable to newly acquired Dynamex (1q2011) and Loomis Express (2q2011); the existing customer base experienced lower shipping volumes. In 2012 each business unit contributed the following to total revenue (before eliminations): Package and Courier 36.5% (2011 35.3%, 2010 19.2%), Less-Than-Truckload 20.4% (2011 18.4%, 2010 26.2%), Truckload 19.0% (2011 22.7%, 2010 29.6%), Specialized Services 24.0% (2011 23.6%, 2010 25.6%). Top customers contributed 55% of total revenue between January and June 2011; They are involved in the retail (21%), energy (18%), services (12%), automotive (8%), waste management (6%), metals & mining (6%) and forestry (5%) industries. 56.5% of business comes from Canada, 43.1% USA, 0.4% Mexico.Thistle oil field
The Thistle oil field is a large oil field in the Northern sector of the North Sea. The oil field, discovered in September 1972 by Signal Oil and Gas Company, is produced over the Thistle Alpha platform, located 125 nautical miles Northeast of Sumburgh, Shetland Islands and 275 nautical miles Northeast of Aberdeen, Scotland.
Licence P236 was awarded as part of the UKCS fourth round in 1972, and the first well on the site was drilled and completed in July 1973 when the Thistle oil field was confirmed as a commercial discovery. The oil field is estimated to have a reserve of roughly 824 million barrels of oil.
The nearby Deveron field, also produced over the Thistle Alpha platform, was discovered in 1972 following the successful completion of a second well on the site. A 1997 seismic re-interpretation site's estimated the reserves to be roughly 61.3 million barrels of oil.Production commenced for partners BNOC, Britoil and BP on the site in 1978. Ownership of the operations licence for the site was subsequently transferred to DNO in 2003, followed by Lundin in 2004 before the demerging of Lundin’s UK assets in 2010, when EnQuest became the operator. The site is currently operated in partnership between EnQuest and BP, with EnQuest holding over 99% of the total ownership of the site.UK Power Networks
UK Power Networks is a distribution network operator for electricity covering South East England, the East of England and London. It manages three licensed distribution networks (Eastern Power Networks PLC, South Eastern Power Networks PLC and London Power Networks PLC) which together cover an area of 30000 square kilometres and approximately eight million customers.
In 2014 UK Power Networks was awarded £25 million from the electricity regulator Ofgem's Low Carbon Networks Fund for the Low Carbon London project. In 2011 it was awarded £6.7 million by Ofgem for another project, Flexible Plug and Play, which is researching new ways, technical and commercial, to connect renewable energy to the distribution network in Cambridgeshire.
As well as the three distribution arms UK Power Networks also operates UK Power Networks Services Holdings Limited, which develops and maintains electrical networks for clients including London Underground, Heathrow and Stansted airports, Docklands Light Railway and Canary Wharf.Western Power Distribution
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Western Power Distribution is a subsidiary of the American utility corporation PPL.
It should not be confused with WPD, a wind farm company in north-western Europe, or Western Power Corporation, an electricity distributor in Australia.