RSS Items

Serica Energy has encountered issues during the drilling of the North Eigg exploration well offshore UK.

Serica Energy has spudded the exploration Well 3/24c-NE1 at North Eigg.

The proven and probable reserves in the Belinda field are estimated at about 5 million barrels of oil equivalent

Serica Energy has restarted production from the Rhum field following the successful replacement of a faulty component in the Rhum Subsea Module.

After completion, NEO Energy retains a 50 percent interest in the GBA and remains its operator, with Serica and JOG holding 30 percent and 20 percent, respectively.

British oil and gas exploration and production company Serica Energy is eyeing a new growth phase with the acquisition of Tailwind Energy Investments.

The European Commission approved a joint state aid package put forward by Estonia, France, Germany, Italy, the Netherlands, Slovakia and Spain for R&D projects on hydrogen technologies and applications.

Seven projects across Finland, Norway, Portugal and Spain are set to receive a total of $771.6 million in the inaugural award of the European Hydrogen Bank.

Nine states and five tribal nations have been awarded a total of $125 million.

'It remains to be seen to what extent current oil output can be maintained in the face of an increasing threat of conflict'.