Enquest Plc Ord (ENQUF) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.057 Good morning, ladies and gentlemen, and welcome to Enquest PLC's results for the first 00:00:04.057 -- 00:00:06.780 half of 2025. Throughout 00:00:06.780 -- 00:00:11.106 this webcast, you will have the opportunity to submit questions at any time, and we will 00:00:11.106 -- 00:00:14.772 look to answer as many of these as possible during the Q&A session at the end of the 00:00:14.772 -- 00:00:16.614 presentation. 00:00:16.614 -- 00:00:22.182 Without further ado, I will hand you over to our Chief Executive Officer, Amjad Bezezu. 00:00:22.182 -- 00:00:25.567 Thank you very much, Craig, and good morning, ladies and gentlemen. 00:00:25.567 -- 00:00:30.991 Welcome to our 2025 year half-year results presentations. 00:00:31.182 -- 00:00:33.846 Thank you very much for the time 00:00:33.846 -- 00:00:35.989 joining us today. My name is Amjad Biseso. 00:00:35.989 -- 00:00:41.096 I'm the CEO of Inquest. Joining me today is our Chief Financial Officer, Jonathan Kopis, 00:00:41.096 -- 00:00:45.403 and Steve Boyer, our UK North Sea Managing Director. 00:00:45.403 -- 00:00:50.607 Craig Baxter is also joining us, Head of Investor Relations and Corporate Affairs. 00:00:50.730 -- 00:00:55.658 Steve and Jonathan lead the high-performing teams across our business, and our operational 00:00:55.658 -- 00:01:01.169 performance has remained very strong in the first half of the year, as you will see. 00:01:01.169 -- 00:01:06.316 Let's start with the backdrop of the UK. The UK North Sea remains one of the most 00:01:06.316 -- 00:01:11.843 challenging environments in oil and gas, as evolving fiscal and regulatory pressure 00:01:11.843 -- 00:01:15.488 continue to undermine global competitiveness. 00:01:15.488 -- 00:01:20.655 With the sector losing 1,000 jobs ev...