Subsea7 has been awarded a substantial contract valued between $50 million and $150 million by Serica Energy for the development of the Belinda field, located southeast of the Triton FPSO in the UK Central North Sea. This pivotal project is set to commence with immediate effect, emphasizing Subsea7’s expertise in the EPCI (Engineering, Procurement, Construction, […]
Serica Energy plc (AIM: SQZ), a prominent independent upstream oil and gas company in the UK, has announced the receipt of final approval from the National Subsea Research Initiative (NSTA) to develop the Belinda field, signaling a significant advancement in the company’s asset portfolio. This approval marks a crucial step in Serica’s strategic expansion, positioning […]
Serica Energy plc (AIM: SQZ) appoints Chris Cox as CEO, effective 1 July 2024. David Latin will cease his interim CEO role at the same time. Chris Cox, with over forty years of oil and gas experience, brings a wealth of knowledge and leadership to Serica Energy. Key Appointment to Boost Serica Energy’s Strategic Ambitions […]
In a significant move within the oil and gas sector, Jersey Oil & Gas (AIM: JOG), an independent company focusing on the UK Continental Shelf, has announced a landmark agreement with Serica Energy (UK) Limited. This farm-out deal involves a 30% interest in the Greater Buchan Area (GBA) licenses, marking a pivotal moment for both […]