(Reuters) - EnQuest Plc (>> Enquest Plc), a North Sea-focused oil producer, said it had agreed with BP Plc (>> BP) 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 (21.17 million pounds) 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.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Gopakumar Warrier)

Stocks treated in this article : Enquest Plc, BP