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).
Serica Energy said today it had overcome technical challenges to perform a flow test on the Rhum gas field's third production well in the northern North Sea.
Serica Energy is on track to drill the North Eigg exploration well in summer next year, its CEO has said.
Subsea UK’s new TV debate style event makes its debut next week, with industry leaders and government panellists exploring how the subsea sector can support the energy transition and the blue economy.
North Sea oil and gas operators have helped to develop a new platform for streamlining the tendering process.
Serica Energy has extended the life of its flagship Bruce field in the North Sea through to 2030.
Serica Energy’s chief executive says the decision not to outlaw new North Sea exploration licences was “very important” in helping the industry “step back from the cliff edge”.
Serica Energy has confirmed preparations are underway to drill the North Eigg gas prospect after strengthening its “financial and operational foundations” in 2020.
Asset transfers can be complex from an information and technology perspective but can be the springboard for innovation, as well as delivering the expected productivity. The critical path is for the transfer of services agreement, safety case, readiness and transition of operations. This article highlights the types of transfer, the issues we face and Sword’s tried and tested approach to dealing with them.
Weather conditions bring evacuations of multiple North Sea platforms and dozens of cancelled flights
Several North Sea platforms have been downmanned over the last few days due to adverse weather conditions.
BP is fielding final bids from a handful of junior energy companies for its North Sea assets, according to people familiar with the matter.
Serica energy has started drilling the development well for its 14million-barrel Columbus project in the North Sea, which was delayed by Covid.
A North Sea oil company has rustled up its very own cookbook, with proceeds going to an Aberdeen foodbank charity.
UK oil and gas firm Serica Energy has managed to extend a US sanctions waiver for its Rhum gas field in the northern North Sea.
More oil and gas firms are “pivoting” their business models towards shareholder returns and away from high risk and reward exploration, an analyst has said.
Growth capital investor BGF has completed a multimillion-pound investment in engineering information management software company Datum360.
The coronavirus crisis had a devastating effect on oil-company revenues, but it’s posed a tough human-resources problem too: how to keep workers safe on cramped rigs at sea where social-distancing is impossible.
Serica Energy has started work to boost production at its Rhum field, while the 13million barrel Columbus project has been delayed to the second half of 2021.
Serica Energy chief executive Mitch Flegg has said the North Sea oil and gas firm is on the hunt for acquisitions as majors look to “rationalise” their portfolios.
Serica Energy’s boss said today that maintaining an “extremely low cost base” was a key factor in the company’s delivery of profits in the first half of 2020.