The North Sea oil firm posted a loss after being hit by windfall tax
The energy firm is to launch a £12m repurchase programme this year. It operates in the UK and Malaysia and operates in both countries. It was set up in 2010 and operates across the world and has operations in Malaysia and the UK. The firm is set to launch £12million repurchasing programme in 2015.
North Sea oil giant demands windfall tax overhaul after £63m hit. EnQuest faced with 113pc tax rate after raid by Jeremy Hunt. North Sea company faced with a 113pc rate after tax raid by Hunt. Enquest faced with tax rate of 113pc after tax overhaul.
EnQuest posts another loss after hit from hit from oil and gas windfall tax. London-based petroleum group reported a $30.8million loss in 2023, a drop on the $41.2million loss recorded the prior year. EnQuest paid a $77.2m charge from the Energy Profits Levy.