Serica Energy CEO toasts strategy after gas spike means key projects ‘bore fruit’
Serica Energy’s chief executive has reaffirmed the company’s commitment to pursuing an “investment-led strategy” this year.
Bruce
Altrad secures 40 jobs with Serica Energy contract win
Altrad has announced a three-year North Sea contract win with Serica Energy, securing 40 jobs.
Serica kicks off production from R3 North Sea well, 16 years after it was drilled
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 extends life of Bruce field to 2030
Serica Energy has extended the life of its flagship Bruce field in the North Sea through to 2030.
VIDEO: Life on board Serica Energy’s Bruce platform during Covid-19
Serica Energy has released a video showing life on board its Bruce platform amid the Covid-19 pandemic.
Serica Energy announces maiden dividend despite Covid-19
Serica Energy has announced its maiden dividend to “reward shareholders” despite the challenges of Covid-19.
Life extension for Bruce, but end may ‘hasten’ for other North Sea fields
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 13m barrel Columbus project ‘likely’ to be delayed due to virus
Serica Energy’s 13million barrel Columbus gas project in the North Sea is facing potential delays due to the Covid-19 outbreak.
Serica Energy hails ‘extremely good year’ as pre-tax profits nearly triple
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.
WATCH: North Sea rig crews clap for carers
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 restarts Bruce platform after five-week shutdown over ‘deteriorated caisson’
Serica Energy has restarted its Bruce platform after a five-week shutdown following the discovery that an underwater structure had become “deteriorated”.
Serica Energy can withstand ‘little setback’ of North Sea shutdowns, says CEO
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.
Serica to announce maiden dividend, takes disciplined approach to deals
London-listed oil firm Serica Energy expects to announce its maiden dividend in April following a year of “strong performance”.
Serica wins ‘out of round’ North Sea licence
Exploration and production firm Serica Energy has announced an "out of round" North Sea licence award.
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.
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”.