EnQuest awarded PSC interest in Malaysia

EnQuest PLC, 11 February 2026

EnQuest awarded Cendramas PSC partnership in Peninsular Malaysia

EnQuest PLC, an independent oil and gas production and development company, listed on the London stock exchange, is pleased to announce its wholly-owned affiliate, EnQuest Petroleum Production Malaysia Ltd ('EnQuest') has received a Letter of Award ('LOA') as a Partner in the Cendramas Production Sharing Contract ('PSC') in partnership with Medco Asia Pacific Limited ('Medco') and DIALOG Resources Sdn Bhd ('DIALOG') by Petroliam Nasional Berhad (PETRONAS) ('PETRONAS') through Malaysia Petroleum Management (MPM).  

Under the terms of the LOA, and subject to the finalisation and signing of the Joint Operating Agreement and the Cendramas PSC, effective from 23 September 2026.

Further details on the Cendramas PSC will be provided upon signing.

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ENQUEST

EnQuest is providing creative solutions through the energy transition. As an independent energy company with operations in the UK North Sea and across South East Asia, the Group's strategic vision is to be the partner of choice for the responsible management of existing energy assets, applying its core capabilities to create value through the transition.

EnQuest PLC trades on the London Stock Exchange.

Please visit our website www.enquest.com for more information on our global operations.

Forward-looking statements: This announcement may contain certain forward-looking statements with respect to EnQuest's expectations and plans, strategy, management's objectives, future performance, production, reserves, costs, revenues and other trend information. These statements and forecasts involve risk and uncertainty because they relate to events and depend upon circumstances that may occur in the future. There are a number of factors which could cause actual results or developments to differ materially from those expressed or implied by these forward-looking statements and forecasts. The statements have been made with reference to forecast price changes, economic conditions and the current regulatory environment. Nothing in this announcement should be construed as a profit forecast. Past share performance cannot be relied upon as a guide to future performance.