Serica boss addresses investor concern on whether Triton FPSO is โfit for purposeโ
Dana Petroleum, which operates Triton, was cautioned last year by the HSE after it found employees were put at risk of exposure to legionella bacteria on board.
Dana Petroleum, which operates Triton, was cautioned last year by the HSE after it found employees were put at risk of exposure to legionella bacteria on board.
A minor shareholder in Serica Energy (LON: SQZ) has written to the companyโs chairman to vent his โunmitigated disgustโ over the planned acquisition of Tailwind Energy.
After Tailwind, Serica Energy eyes new projects in the UK like the Belinda discovery, along with more deals and a potential energy transition shift.
Shares in North Sea operator Serica Energy (LON: SQZ) fell on Monday after a key exploration well proved underwhelming.
Serica Energy (LON: SQZ) has seen its profits surge 88-times over year-on-year amid a boost to new production.
North Sea producers Serica Energy (LON: SQZ) and Kistos (LON: KIST) have confirmed neither party will make a final offer on the other, drawing a line under a series of takeover bids.
Serica Energy (LON: SQZ) has knocked back a new cash and share-for-share bid from rival Kistos (LON: KIST) worth ยฃ1.15 billion, which may replace Mitch Flegg as CEO.
Serica Energy (LON: SQZ) has quadrupled production from a 24-year-old BP well in the North Sea.
North Sea operator Serica Energy (LON: SQZ) has said it is โincreasinglyโ exploring M&A opportunities outside of the UK.
Serica Energy has pressed the importance of stable fiscal policy after news of the UK Governmentโs windfall tax knocked around 20% off the companyโs share price.
The head of Serica Energy has downplayed the chances of success at its North Eigg exploration well due to be spudded later this summer, but maintains the prospect is a good one.
Serica Energy enjoyed an โoutstanding yearโ in 2021 as gross profits surged to ยฃ386.8 million, reversing ยฃ2.9m losses the prior year, amid a huge bump to commodity prices.
Serica Energy confirmed Thursday that production had resumed from its Rhum field, following an outage reported last month.
Serica Energy (LON: SQZ) has said production at its Rhum field is not expected to restart for โat least two weeksโ after a fault was identified with a subsea module.
โA really opportune momentโ beckons for Serica Energy, according to chief executive Mitch Flegg, with gas prices strong, new production online and, since the turn of the year, reaching a major milestone for its North Sea business.
โMore energy and less emissionsโ is how TotalEnergiesโ North Sea boss summarises the companyโs strategy for the coming years. And that, broadly speaking, is reflected across the plans of others too.
Serica Energyโs chief executive has reaffirmed the companyโs commitment to pursuing an โinvestment-led strategyโ this year.
UK oil and gas firm Serica Energy (LON: SQZ) has announced first production from its 14 million barrel Columbus field.
Serica Energy profits tumbled 90% in the first half of the year as its gas hedging position and planned outages took a toll.
Serica Energy has outlined โdifficultiesโ in drilling the Columbus development in the North Sea, costing the operator ยฃ3million.
Serica Energy is on track to drill the North Eigg exploration well in summer next year, its CEO has said.
Serica Energy has extended the life of its flagship Bruce field in the North Sea through to 2030.
Serica Energyโs chief executive says the decision not to outlaw new North Sea exploration licences was โvery importantโ in helping the industry โstep back from the cliff edgeโ.
Serica Energy has confirmed preparations are underway to drill the North Eigg gas prospect after strengthening its โfinancial and operational foundationsโ in 2020.
Serica energy has started drilling the development well for its 14million-barrel Columbus project in the North Sea, which was delayed by Covid.