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Serica buys Spirit’s North Sea gas assets for $74m

Friday, December 19 2025

Fossil Energy – Acquisition

Britain’s Serica Energy has agreed to acquire a portfolio of Southern North Sea gas assets from Spirit Energy and its affiliates for $74 million, strengthening its UK upstream position and increasing reserves and production.

[Read more…] about Serica buys Spirit’s North Sea gas assets for $74m

Filed Under: Acquisition, Cygnus, International News, Serica Energy, Spirit Energy Tagged With: acquisition, Cygnus Field, north sea, Serica Energy, Spirit Energy

Completion of acquisition of additional interest in Cygnus Field

Thursday, October 2 2025

Fossil Energy – Acquisition

Ithaca Energy announced that, following its announcement on 20th May 2025 regarding the acquisition of an additional 46.25% interest in the Cygnus gas field from Spirit Energy, it has now completed the Transaction with all conditions precedent having been satisfied.

[Read more…] about Completion of acquisition of additional interest in Cygnus Field

Filed Under: Acquisition, Cygnus, International projects, Share purchase, Spirit Energy Tagged With: acquisition, Cygnus Field, Ithaca Energy, shares, Spirit Energy

Acquisition of additional interest in Cygnus Field

Tuesday, May 27 2025

Fossil Energy – Acquisition

Ithaca Energy has signed a sale and purchase agreement to acquire an additional 46.25% stake in the Cygnus gas field from Spirit Energy for a purchase price of  $154 million.

[Read more…] about Acquisition of additional interest in Cygnus Field

Filed Under: Acquisition, Cygnus, gas production, International projects, Spirit Energy Tagged With: acquisition, Cygnus Field, gas production, Ithaca, Spirit Energy

Neptune Energy commences production at Cygnus 10th gas well

Wednesday, February 1 2023

Fossil Energy – Production

Neptune Energy commenced production from the 10th well at its operated Cygnus gas field in the UK southern North Sea.

[Read more…] about Neptune Energy commences production at Cygnus 10th gas well

Filed Under: Cygnus, Drilling, drilling rig, International projects, Neptune Energy Tagged With: Cygnus Field, drilling, Neptune Energy, production

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