BP has sold its 5% stake in North Sea operator Serica Energy (LON: SQZ) for £49.3 million.
Helicopter group NHV has landed a five-year North Sea contract extension with Ithaca Energy.
The Erskine field in the North Sea has resumed production for the first time since January.
Ice-like crystals have delayed the restart of production from a central North Sea field, Serica Energy said today.
A new pipeline to bypass recurring wax blockage issues at a North Sea gas field is due to be operational this week.
Serica Energy said today that it expects to complete two North Sea acquisitions on November 1.
Serica Energy said today that production from the Erskine field would resume in September as work continues on a new export pipeline.
Serica Energy has announced that a new pipeline is being constructed to solve reccurring issues with wax build-up at the Erskine field.
Serica Energy said today that a way of permanently preventing blockages in a North Sea export pipeline was being "advanced".
Serica Energy today confirmed an investigation has been launched into the Erskine field after production was forced to shutdown.
Today marks 20 years since oil and gas first flowed from Chevron-operated Erskine.
Serica Energy’s boss said yesterday that the firm needs to “spread the risk” beyond the Erskine field by developing its North Sea assets and beefing up its portfolio.
North Sea minnow Serica Energy this morning confirmed it was considering a handful of North Sea acquisitions.
Serica Energy said today that the Erskine field's return to production had been delayed until the end of this month.
Serica Energy today confirmed the delayed restart of the Erskine field.
Oil and gas firm Serica Energy is expecting a sea-change in industry attitudes towards exploration spending in the North Sea.
It comes after a pipeline blockage forced the field to shut in March last year.
Serica Energy said production is now back on track after the Erskine field was interrupted by a blockage earlier this year.
Serica Energy has confirmed production has resumed from the Erskine field in the North Sea.
Oil and gas explorer Serica said today that the Erskine field was not yet ready to resume full-production due to on-going work on Shell’s Lomond platform.
Serica Energy said production has resumed from the Erskine field after a pipeline blockage.
Serica Energy reported its first annual profit since 2009 thanks to the North Sea's Erskine field.
Serica Energy said production has been impacted on the Erskine field by a pipeline blockage.
Serica Energy posted healthy financials for the first half of the year thanks to a strong North Sea performance.
Serica Energy said production at the Erskine field in the North Sea has been around 2,000boepd (barrels of oil equivalent per day) since it restarted two months ago. The field, which is 150miles east of Aberdeen, had previously been shut down altogether from September last year to late May due to work on the Lomond platform. The oil and gas explorer said four of the five wells at the asset are now in production and exceeding estimated potential.