Equinor Completes Transfer of Operatorship of Bressay Project to EnQuest

Equinor and EnQuest have completed their previously announced transaction, whereby Equinor has sold a 40.8125% interest in and transferred operatorship of the Bressay oil field development on the UK continental shelf to EnQuest.

As a result, EnQuest has a 40.8125% interest in Bressay and operatorship and Equinor has a 40.8125% non-operated interest, with Chrysaor retaining an 18.375% interest.