Deadline extended for Serica, EnQuest merger talks
4th Apr 2025 14:06
(Sharecast News) - Serica said on Friday that the deadline by which EnQuest was meant to either announce a firm intention to make an offer or walk away has been extended amid ongoing talks.
Read moreSerica maintains outlook after fall in full-year profits
1st Apr 2025 10:23
(Sharecast News) - Serica Energy reported a fall in profit for 2024 on Tuesday, as lower production volumes and realised gas prices weighed on performance, though positive drilling results and a restructured maintenance schedule at the Triton FPSO were expected to support a recovery in output from mid-2025.
Read moreSerica Energy 'frustrated' with further delay for Triton restart
19th Mar 2025 11:10
(Sharecast News) - Serica Energy announced on Wednesday that production from the Triton FPSO was now expected to remain offline until May, following delays in critical repairs.
Read moreSerica in talks with EnQuest about possible combination
7th Mar 2025 09:56
(Sharecast News) - Serica confirmed on Friday that it is in talks with EnQuest about a possible combination.
Read moreSerica gets two-year extension to waivers on US sanctions at Rhum
27th Feb 2025 15:21
(Sharecast News) - Serica Energy announced on Thursday that it has secured a two-year renewal of its US Office of Foreign Assets Control (OFAC) licence and secondary sanctions assurance for the Rhum gas field, extending the licence until 28 February 2027.
Read moreSerica confirms suspension at Triton FPSO after Storm Eowyn
18th Feb 2025 10:02
(Sharecast News) - Serica Energy announced on Tuesday that it has suspended production from the Triton FPSO following damage caused by Storm Éowyn, with operations now expected to resume in mid-to-late March.
Read moreSerica Energy hoping to secure new long-term license for Rhum field
3rd Feb 2025 07:21
(Sharecast News) - UK Continental Shelf-focused oil explorer Serica Energy has announced that its license to operate the part-owned Rhum field has been extended by two months.
Read moreSerica forecasts production hike in 2025
21st Jan 2025 12:38
(Sharecast News) - North Sea oil and gas developer Serica Energy flagged a "promising" 2025 on Tuesday, including a significant hike in production.
Read moreSerica confident after year of slipping production numbers
7th Jan 2025 11:36
(Sharecast News) - Serica Energy announced its 2024 production figures on Tuesday, averaging 34,600 barrels of oil equivalent per day.
Read moreSerica Energy to acquire E&P assets from Parkmead Group
12th Dec 2024 10:57
(Sharecast News) - Independent oil and gas firm Serica Energy has agreed to acquire exploration and production assets from Parkmead Group for an initial consideration of £5.0m.
Read moreSerica production guidance hit by Triton FPSO suspension
5th Dec 2024 12:16
(Sharecast News) - Serica Energy announced a suspension of production at the Triton floating production, storage and offloading (FPSO) vessel on Thursday, following the discovery of an issue with a compressor seal.
Read moreSerica Energy Q3 production up by a fifth
26th Nov 2024 14:24
(Sharecast News) - Serica Energy reported average production of 37,800 barrels of oil equivalent per day for the first nine months of the year on Tuesday, a 20% increase over the same period in 2023.
Read moreSerica Energy lowers guidance amid production interruption
29th Oct 2024 09:37
(Sharecast News) - Serica Energy reported an interruption in production via the Triton FPSO on Tuesday, following a potential dry gas seal failure identified in the 'A' gas compressor on 26 October.
Read moreSerica completes reserves-based lending redetermination
3rd Jul 2024 14:47
(Sharecast News) - Serica Energy announced on Wednesday that it has completed the first semi-annual redetermination under its $525m reserve-based lending (RBL) facility, increasing the borrowing base from $463m to the full committed amount of $525m.
Read moreSerica maintains full-year production guidance
27th Jun 2024 09:05
(Sharecast News) - Serica Energy maintained its production guidance in an update on Thursday, targeting between 41,000 and 46,000 barrels of oil equivalent per day for 2024.
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