Noble and Odfjell land UK deal extensions with BP and Serica Energy
BP (LON: BP) and Serica Energy (AIM: SQZ) have respectively extended contracts with Noble Corporation and Odfjell Technology in the UK North Sea.
Serica Energy
Serica completes shutdown campaigns on Bruce and Triton hubs
Serica also announced the founders of Tailwind Energy will depart the company in March next year following the £367 million takeover.
‘Pivotal’ work on Western Isles FPSO is happy landing for Apollo
The Aberdeen firm has won a multi-million-pound North Sea deal from Neo Energy.
Serica Energy acquires 30% interest in Greater Buchan Area from Jersey Oil and Gas
Serica Energy (LON: SQZ) has announced it will acquire a 30% non-operated interest in the North Sea's Greater Buchan Area development from Jersey Oil and Gas (JOG).
Serica picks new finance boss to kick off 2024
Serica Energy (LON:SQZ) has announced a new chief financial officer will take up his post in the new year, after current CFO Andy Bell confirmed his intention to step down.
Serica subsidiary Tailwind Energy receives North Sea block in 33rd licensing round
Tailwind Energy, a subsidiary of London-listed (LON: SQZ) Serica Energy, has been awarded a 100% interest in a North Sea block as part of the 33rd licensing round.
‘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 balances buoyant results with ‘wholly unwelcome’ windfall tax
Serica reported a large increase to pre-tax profits but lambasted the “burden” of the UK windfall tax on the wider industry.
Stepwise launches emissions reduction pilot with Serica Energy
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 lands five-year deal amid turbulent market conditions
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.
Serica Energy adds North Sea heavy hitter to board
North Sea operator Serica Energy (LON: SQZ) has announced the appointment of two new board members.
Outgoing Serica chairman blasts UK political parties in parting letter
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 calls time on Eigg exploration licence
Serica Energy (LON: SQZ) has called time on exploration around the Eigg prospect, including any hope of a side-track well.
Harbour Energy, Serica Energy among visitors to Orkney wave energy/subsea power scheme
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.
Outgoing Serica chairman decries ‘unsustainable’ tax on North Sea
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.
Further life extensions to Bruce possible with Serica eyeing nearby opportunities
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.
Shakeup in league table of UK North Sea top producers
The league table of the top 15 production hubs in the UK North Sea has seen a raft of changes in the last year.
Aberdeen oil and gas workers swap hard hats for hiking boots to raise thousands for charity
Oil workers from Aberdeen are preparing to raise thousands of pounds for the British Army’s official charity.
‘Tough decisions’ now ‘paying off’ for North Sea firm Serica as profits jump
North Sea firm Serica Energy (LON: SQZ) is attributing its latest set of financials to bold decisions made when the “going was tough”.
North Sea veteran to step down as Serica chairman
The chairman of Serica Energy (LON: SQZ) is calling it a day after 18 years with the North Sea oil and gas operator.
Serica profits up 361% year-on-year, extends life of Bruce field to 2035
Serica Energy (LON: SQZ) takings soared in 2022 during a year of “outstanding progress” for the North Sea oil and gas firm.
Serica reserves top 130m barrels following Tailwind deal
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.
Aberdeen’s Salus Technical lands £50k training deal with Serica
Salus Technical has secured a significant contract to provide process safety training for all employees at North Sea E&P group Serica Energy.
Serica moves into list of top 10 North Sea producers after formal completion of Tailwind deal
London-listed Serica Energy (LON: SQZ) has formally completed the previously announced takeover of Tailwind Energy.
Serica confirms first production from Tailwind’s Gannet E
Serica Energy has confirmed the completion of commissioning of a new well at the Tailwind Energy-operated Gannet field, with production now online.