EnQuest CEO Says It Wants to Buy BP UK North Sea Assets
EnQuest CEO Amjad Bseisu confirmed the company is interested in acquiring bp’s UK North Sea oil and gas portfolio, which bp is marketing after a 31 July 2026 launch. The package covers five hubs employing about 1,100 people and would be a major withdrawal for bp from a basin it has operated for around 60 years. Reports have valued the deal at roughly £2.5 billion.