Focused team was key to Serica Energy’s North Sea success
Serica Energy’s boss has said the gains squeezed by his team from North Sea fields acquired a year ago show smaller companies can be more efficient.
Bruce
Shape of things to come in UK M&A market
Following a period of relatively low deal activity, in 2018 we started to see an uptick in deals – but that has paused slightly since the oil price fall at the end of 2018. Are there more deals to be done, or has oil price volatility cooled off the M&A market? What do the trends and themes seen in some of the latest UKCS M&A deals tell us?
Serica ‘in different league’ as it opens new Aberdeen facility
Serica Energy's chief executive said the company has been elevated to a “different league” as its new Aberdeen office formally opens today.
Serica Energy in fourth Bruce and Keith acquisition
Oil firm Serica Energy has announced a second deal in two days for stakes in the Bruce and Keith fields in the UK North Sea.
Serica meets conditions for sanctions waiver, buys BHP’s stakes in North Sea duo
Oil firm Serica Energy took another step towards completing a series of UK North Sea acquisitions today.
Serica could revive Rhum well plans, intends to keep BP rotas
Serica Energy is closing in on two acquisitions after the US granted a waiver removing production obstacles on a UK North Sea field.
Serica’s deals with BP, Total near completion as US sanctions waiver granted
Serica Energy said today that the US had granted a conditional licence removing restrictions on production from a UK North Sea field.
Serica ‘fully-committed’ to buying BP field co-owned by Iran
Serica Energy said today that it remains "fully committed" to buying BP's interests in a North Sea field co-owned by Iran.
Serica’s North Sea deal with BP will survive Trump’s Iran sanctions move, analyst says
Serica Energy’s acquisition of stakes in a North Sea field co-owned by Iran is likely to go ahead despite the US’s withdrawal from an international pact, an analyst has said.
Serica Energy shareholders approve BKR North Sea asset purchase
Oil and gas company, Serica Energy, have announced their intention to acquire the Bruce, Keith and Rhum (BKR) assets.
BP deal will ‘catapult’ us into different league, Serica chief says
Serica Energy’s newly-appointed chief has said the acquisition of stakes in three North Sea fields from BP would “catapult” the firm into a “different league”.
Workers return to North Sea’s Bruce as BP launches investigation
Workers were today flying back to the Bruce platform after being evacuated on Friday.