Announced

Completed

EnQuest completed the acquisition of the business in Vietnam from Harbour Energy for $84m.

Synopsis

EnQuest, an energy transition company, completed the acquisition of the business in Vietnam from Harbour Energy, an oil and gas company, for $84m. "South East Asia is key to EnQuest's growth and diversification strategy, and we are excited by the opportunity to utilise our proven operating expertise to optimise, enhance and extend the Block 12W assets in Vietnam. We are impressed with the talent and attitude displayed by our new colleagues as we welcome the Vietnam asset team into the Group, and we are committed to working with our partners, Bitexco and PetroVietnam Exploration Production Corporation Ltd, to explore future value-accretive opportunities within the fields," Amjad Bseisu, EnQuest CEO.

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MergerLinks - EnQuest completed the acquisition of the business in Vietnam from Harbour Energy for $84m.