Serica minor backer voices ‘unmitigated disgust’ over Tailwind deal
A minor shareholder in Serica Energy (LON: SQZ) has written to the company’s chairman to vent his “unmitigated disgust” over the planned acquisition of Tailwind Energy.
Mercuria
Tailwind ‘is not the endgame’: Serica eyes up more deals and projects
After Tailwind, Serica Energy eyes new projects in the UK like the Belinda discovery, along with more deals and a potential energy transition shift.
Shelf takes Nigeria work for Mentor rig
Shelf Drilling has won a contract for one of its jack-up rigs to work offshore Nigeria, for 225 days.
‘Tremendous’ performance amid pandemic set up Tailwind for year of investment, with more to come
Bosses at Tailwind Energy said the North Sea oil firm’s “tremendous” performance during the Covid pandemic had set up a “year of investment” in 2021.
Tailwind Energy wraps up acquisition of Decipher
North Sea oil and gas firm Tailwind Energy has completed its acquisition of Decipher Energy, of Aberdeen.
Tailwind Energy gets rubber stamp for Evelyn project in North Sea
Regulators have given oil and gas firm Tailwind Energy the green light to press ahead with its Evelyn project in the UK North Sea.
TransGlobe posts loss but on the M&A hunt
TransGlobe Energy has posted a net loss of $13.4 million for the second quarter, as production declined and prices fell.
Africa’s hidden oil hub grows after making millions for traders
For oil traders, there’s no place quite like Saldanha Bay. When prices slumped in 2014, trading houses generated outsize profits by storing millions of barrels of crude in the deep-water harbor north of Cape Town.