‘Lack of opportunity’ in UK sees Serica eye Norway re-entry
Serica Energy is in discussions over several deals in Norway and Europe, as CEO Mitch Flegg lamented a “lack of opportunity” in the North Sea as a result of the windfall tax.
Serica Energy is in discussions over several deals in Norway and Europe, as CEO Mitch Flegg lamented a “lack of opportunity” in the North Sea as a result of the windfall tax.
Serica reported a large increase to pre-tax profits but lambasted the “burden” of the UK windfall tax on the wider industry.
Environmental services firm Stepwise has announced a pilot project with North Sea operator Serica Energy to reduce emissions from offshore oil and gas wells.
Offshore Helicopter Services UK (OHSUK) has secured a five-year contract extension with Serica Energy, following news of “lower than normal client activity” from the firm.
North Sea operator Serica Energy (LON: SQZ) has announced the appointment of two new board members.
Since Serica’s 2022 AGM there has been a “whirlwind of anti-oil and gas sentiment”, Tony Craven Walker says, with “UK industry caught in the cross fire”.
Serica Energy (LON: SQZ) has called time on exploration around the Eigg prospect, including any hope of a side-track well.
A Scottish wave and energy storage solution – that can be used to power subsea assets – was put on show for the oil and gas industry last week.
Serica Energy (LON: SQZ) chairman Tony Craven Walker has warned that the UK Government’s North Sea taxation is “likely to become unsustainable” with gas prices having dropped.
Serica Energy’s (LON: SQZ) chief executive has backed the Bruce platform to keep producing for years to come, after a third life extension was announced for the namesake field.
The league table of the top 15 production hubs in the UK North Sea has seen a raft of changes in the last year.
Oil workers from Aberdeen are preparing to raise thousands of pounds for the British Army’s official charity.
North Sea firm Serica Energy (LON: SQZ) is attributing its latest set of financials to bold decisions made when the “going was tough”.
The chairman of Serica Energy (LON: SQZ) is calling it a day after 18 years with the North Sea oil and gas operator.
Serica Energy (LON: SQZ) takings soared in 2022 during a year of “outstanding progress” for the North Sea oil and gas firm.
A new independent audit of Serica Energy reserves shows growth of more than 25 million barrels in the wake of its acquisition of Tailwind Energy.
Salus Technical has secured a significant contract to provide process safety training for all employees at North Sea E&P group Serica Energy.
London-listed Serica Energy (LON: SQZ) has formally completed the previously announced takeover of Tailwind Energy.
Serica Energy has confirmed the completion of commissioning of a new well at the Tailwind Energy-operated Gannet field, with production now online.
Energy Voice's third annual Future North Sea event made its in-person debut at Aberdeen's P&J Live today.
There's a risk of "prematurely having to mothball" parts of the North Sea industry due to the UK's unstable tax regime, an industry event has heard.
UK-based upstream firm Serica Energy (LON: SQZ) says that production is continuing to benefit due to investment, despite daily rates lagging compared to last year's average.
A new report from Westwood Global Energy Group has laid bare the impact of the UK Government's fiscal tinkering on Harbour Energy's (LON: HBR) share price in 2022.
While the acquisition has secured enough backing to move forward, there is still a sizeable chunk of shareholders who opposed it.
Investors in Serica Energy are preparing to head to the metaphorical ballot box to vote on the company’s planned acquisition of Tailwind Energy.