Potential offtaker

Enquest PLC

www.enquest.co.uk

Estimated electricity consumption

N/A

Countries of production presence

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Enquest PLC is a United Kingdom-based crude oil production company that operates in the North Sea region. The company has a significant presence in the UK Continental Shelf and has been a leading player in the oil and gas industry for over a decade. Enquest PLC has a strong focus on sustainability and is committed to reducing its carbon footprint through various initiatives.

Decarbonisation is a key focus area for Enquest PLC, and the company has set ambitious targets to reduce its carbon emissions. The company has committed to achieving net-zero emissions by 2045 and has developed a comprehensive decarbonisation strategy to achieve this goal. The strategy includes a range of measures such as reducing flaring, increasing energy efficiency, and investing in renewable energy.

Enquest PLC has also been actively involved in corporate energy initiatives, which aim to reduce energy consumption and improve energy efficiency. The company has implemented a range of measures such as energy-efficient lighting, HVAC systems, and building management systems to reduce its energy consumption. Enquest PLC has also invested in renewable energy sources such as wind and solar power to reduce its reliance on fossil fuels.

Corporate Power Purchase Agreements (PPAs) have become increasingly popular in recent years as companies seek to reduce their carbon footprint and increase their use of renewable energy. Enquest PLC has been actively involved in corporate PPAs and has signed several agreements to purchase renewable energy from wind and solar power projects. The company has also invested in its own renewable energy projects, such as the Dorenell Wind Farm in Scotland, which has a capacity of 177 MW and generates enough electricity to power over 100,000 homes.

Enquest PLC has also been involved in the development of offshore wind projects in the UK. The company has partnered with other industry players to develop offshore wind farms in the North Sea region, which will provide clean energy to the UK grid. The company's involvement in renewable energy projects is a testament to its commitment to reducing its carbon footprint and contributing to the transition to a low-carbon economy.

In conclusion, Enquest PLC is a leading crude oil production company that has a strong focus on sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon emissions and has developed a comprehensive decarbonisation strategy to achieve these goals. Enquest PLC has also been actively involved in corporate energy initiatives, corporate PPAs, and renewable energy projects, which demonstrate its commitment to reducing its reliance on fossil fuels and contributing to the transition to a low-carbon economy.

✓ Declared Net Zero commitment