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.
BP has sold its 5% stake in North Sea operator Serica Energy (LON: SQZ) for £49.3 million.
Serica Energy enjoyed an “outstanding year” in 2021 as gross profits surged to £386.8 million, reversing £2.9m losses the prior year, amid a huge bump to commodity prices.
Parkmead has said it is nearing a drilling decision on its Skerryvore field in the UK North Sea.
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 “at least two weeks” after a fault was identified with a subsea module.
Dozens of flights going to and from North Sea oil and gas installations have been impacted as Storm Eunice hits the region.
“A really opportune moment” 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.
Energy Voice’s latest monthly supplement has been published with The Press & Journal.
“More energy and less emissions” is how TotalEnergies’ North Sea boss summarises the company’s strategy for the coming years. And that, broadly speaking, is reflected across the plans of others too.
Serica Energy’s chief executive has reaffirmed the company’s commitment to pursuing an “investment-led strategy” this year.
North sea operator Serica Energy has extended Odfjell Drilling’s stay on the Bruce platform.
Serica Energy has issued an update on export flows from its 14million-barrel Columbus field following the start-up of production last month.
UK oil and gas firm Serica Energy (LON: SQZ) has announced first production from its 14 million barrel Columbus field.
With Covid deferrals in 2020 having hit hard, 2021 was expected to herald the start-up of 10 new oil and gas fields in the UK North Sea.
Rescue dogs in Aberdeenshire have been thrown a lifeline as the Scottish SPCA accept an unusual donation from North Sea offshore workers.
Serica Energy (LON: SQZ) has pushed back the start-up date for its 14 million-barrel Columbus project in the North Sea.
Altrad has announced a three-year North Sea contract win with Serica Energy, securing 40 jobs.
A new programme designed to identify opportunities and explore deployable solutions to reduce greenhouse gas emissions has been launched in the north-east.
The UK North Sea is likely heading for tighter supply of oil rigs as a flurry of deferred drilling contracts for next year come through, according to new analysis.
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 found its new chief financial officer (CFO).
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 has announced successful flow test results from its North Sea Columbus development well.
North Sea operators have handed back up to 1.1 billion recoverable barrels of oil from UK fields, according to data released by the Oil and Gas Authority (OGA).