- Independent oil and gas company Enquest said Wednesday it had agreed a compensation settlement with Armada Kraken in relation to historic issues with the FPSO.

Armada Kraken parent company, Bumi had agreed to pay $15m to the Kraken partners, Enquest said. The settlement is expected to be completed by 17 December.

At 9:05am: [LON:ENQ] EnQuest Plc share price was -0.42p at 43.03p

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