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.
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.
Oil firm Serica Energy took another step towards completing a series of UK North Sea acquisitions today.
Serica Energy is closing in on two acquisitions after the US granted a waiver removing production obstacles on a UK North Sea field.
Serica Energy said today that the US had granted a conditional licence removing restrictions on production from a UK North Sea field.
Serica Energy said today that it remains "fully committed" to buying BP's interests in a North Sea field co-owned by Iran.
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.
Oil and gas company, Serica Energy, have announced their intention to acquire the Bruce, Keith and Rhum (BKR) assets.
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 were today flying back to the Bruce platform after being evacuated on Friday.