EnQuest May Acquire BP North Sea Assets, Mail on Sunday Says

EnQuest Plc (ENQ) is in talks with BP Plc (BP/) to buy assets worth as much as 400 million pounds ($659 million), the Mail on Sunday reported, without saying where it got the information.

BP last year offered for sale several aging oil and gas fields in the North Sea region, where EnQuest is focuses its business, including the first-ever commercial discovery in the British sector of the North Sea at West Sole, the U.K. newspaper said.

EnQuest and BP declined to comment, the Mail on Sunday said.

To contact the reporter on this story: Karen Eeuwens in London keeuwens@bloomberg.net.

To contact the editor responsible for this story: Francisco Marcelino at mdeoliveira@bloomberg.net.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.