Jan 31 (Reuters) - EnQuest Plc ENQ.L , a North Sea-focused oil producer, said it had agreed with BP Plc BP.L to manage the decommissioning of Thistle and Deveron fields, located 275 miles north-east of Aberdeen in the United Kingdom.
EnQuest will get $30 million in cash as part of the deal for handling the process. EnQuest said its current estimate of its exposure to decommissioning costs is lower than the $30 million cash being received. ($1 = 0.7049 pounds)