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EnQuest Eyes Acquisition of BP's North Sea Assets, CEO Says
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06:51 AM EDT, 09/03/2026 (MT Newswires) -- EnQuest (ENQ.L) is interested in buying oil giant BP's (BP.L) North Sea portfolio amid a "tremendous opportunity" in the British oil and gas sector, CNBC reported Thursday, citing Chief Executive Officer Amjad Bseisu. The energy company's CEO added that there are only a few companies interested in the assets, according to the report. In July, BP unveiled plans to potentially sell its North Sea businesses, which comprise five production hubs, as part of its ongoing portfolio review and capital allocation strategy.
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