UK oil and gas firm Serica Energy has managed to extend a US sanctions waiver for its Rhum gas field in the northern North Sea.
Serica Energy has started work to boost production at its Rhum field, while the 13million barrel Columbus project has been delayed to the second half of 2021.
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 has announced its maiden dividend to “reward shareholders” despite the challenges of Covid-19.
RockRose Energy has slashed spending for 2020 by more than £80m in response to the Covid-19 outbreak and cut the number of UK wells it will participate in.
Serica Energy’s 13million barrel Columbus gas project in the North Sea is facing potential delays due to the Covid-19 outbreak.
Maersk Drilling has won a £6.2 million contract with Serica Energy for a development well at the Columbus field in the central North Sea.
Serica Energy has confirmed it is preparing to go to tender for key items for its North Sea Columbus development.
Tailwind Energy has wrapped up the acquisition of the UK business of Houston-headquartered oil and gas firm EOG Resources.
Serica Energy has taken a major leap towards first oil from the Columbus field in the central North Sea.
Shell’s decision to go after gas from the Arran field gave the UK North Sea its 11th project sanction of 2018.
Tailwind Energy has agreed to buy the UK business of Houston-headquartered oil and gas firm EOG Resources.
Trinidad-focused Columbus Energy Resources is on course to ramp up its resources after agreeing to buy Steeldrum Oil Company.
Serica Energy’s boss said yesterday that the oil firm is “recruiting like mad” as it prepares to open new operational headquarters in Aberdeen.
Columbus Energy Resources said today that it had signed a sale and purchase agreement to buy out its partner's share in the Icacos field, onshore Trinidad.
Serica Energy has taken another step in its quest to develop the Columbus field in the central North Sea.
Oil and gas firm Serica Energy is expecting a sea-change in industry attitudes towards exploration spending in the North Sea.