EnQuest is developing cost-effective and efficient plans to repurpose the terminal site and connected offshore infrastructure to fulfil its ambition of creating a new energy and decarbonisation hub at Sullom Voe. The Group continues to mature a number of global scale decarbonisation opportunities, including carbon storage, green hydrogen and electrification. Having secured an exclusivity agreement in 2022 with the Shetland Islands Council to progress new energy opportunities at SVT, EnQuest is well placed to deliver on these new energy ambitions in conjunction with potential strategic and financial partners.