Serica Energy (LON: SQZ) has seen its profits surge 88-times over year-on-year amid a boost to new production.
Petrofac (LON:PFC) has secured a three-year contract extension with Serica Energy, covering maintenance services at its northern North Sea assets.
Serica Energy (LON: SQZ) has quadrupled production from a 24-year-old BP well in the North Sea.
North Sea operator Serica Energy (LON: SQZ) has said it is “increasingly” exploring M&A opportunities outside of the UK.
BP has sold its 5% stake in North Sea operator Serica Energy (LON: SQZ) for £49.3 million.
Serica Energy confirmed Thursday that production had resumed from its Rhum field, following an outage reported last month.
Serica Energy (LON: SQZ) has said production at its Rhum field is not expected to restart for “at least two weeks” after a fault was identified with a subsea module.
“A really opportune moment” beckons for Serica Energy, according to chief executive Mitch Flegg, with gas prices strong, new production online and, since the turn of the year, reaching a major milestone for its North Sea business.
Serica Energy’s chief executive has reaffirmed the company’s commitment to pursuing an “investment-led strategy” this year.
Altrad has announced a three-year North Sea contract win with Serica Energy, securing 40 jobs.
Serica Energy has started production from its Rhum R3 well in the North Sea, 16 years after it was originally drilled by BP.
Serica Energy has extended the life of its flagship Bruce field in the North Sea through to 2030.
Serica Energy has released a video showing life on board its Bruce platform amid the Covid-19 pandemic.
Serica Energy has announced its maiden dividend to “reward shareholders” despite the challenges of Covid-19.
Cutting costs has added years to the life of Serica Energy’s Bruce platform, but other operators may need to "hasten" the end of some North Sea assets according to CEO Mitch Flegg.
Serica Energy’s 13million barrel Columbus gas project in the North Sea is facing potential delays due to the Covid-19 outbreak.
Serica Energy has hailed “exceptional” results after nearly tripling its pre-tax profits in its first full year of operatorship for its Bruce, Keith and Rhum (BKR) assets in the North Sea.
North Sea rig crews have kept up the weekly tradition of clapping for the NHS and other key workers amid the Covid-19 pandemic.
Serica Energy has restarted its Bruce platform after a five-week shutdown following the discovery that an underwater structure had become “deteriorated”.
Serica Energy’s boss has said the firm is “well equipped” to withstand the two-month shutdown of its main producing assets in the UK North Sea.
London-listed oil firm Serica Energy expects to announce its maiden dividend in April following a year of “strong performance”.
Exploration and production firm Serica Energy has announced an "out of round" North Sea licence award.
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.
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 Energy's chief executive said the company has been elevated to a “different league” as its new Aberdeen office formally opens today.