Viaro acquires 15% interest in Bressay and EnQuest Producer FPSO

Friday, 22 December 2023

A subsidiary of Viaro Energy, RockRose UKCS 10, has picked up a 15% stake in the Bressay field and EnQuest Producer FPSO, reports Energy Voice. The deal will involve an initial payment by RockRose to EnQuest of £34.75m and a remaining £11.25m to be paid from future Bressay cash flows.

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Viaro is pleased to announce that its wholly owned subsidiary, RockRose Energy, has signed a Sales and Purchase Agreement (“SPA”) with EnQuest to acquire a 15% interest in the Bressay...