EnQuest and Delek Group end talks over Kraken development
"EnQuest and Delek have ultimately been unable to reach an agreement and those discussions have now terminated."
EnQuest had said back in July that it was in talks with Delek, confirming that the two had signed a non-binding memorandum of understanding.
The key terms of the proposal had involved EnQuest farming out to Delek a 20% working interest in the Kraken development. ■