The head of Serica Energy has downplayed the chances of success at its North Eigg exploration well due to be spudded later this summer, but maintains the prospect is a good one.
Serica Energy’s boss said today that maintaining an “extremely low cost base” was a key factor in the company’s delivery of profits in the first half of 2020.
Serica Energy will shut down three North Sea fields for two months after discovering an underwater structure at its Bruce platform had become “deteriorated”.
Serica Energy has become the "first" firm to digitise offshore safety in the North Sea after signing an agreement to implement the technology on its Bruce asset.
