Cash Deal
Serica Energy has agreed to acquire Pharos Energy in a cash deal, valuing the oil and gas producer at approximately $194.5 million.
[Read more…] about Serica Energy agrees $194m Pharos Energy acquisitionSerica buys Spirit’s North Sea gas assets for $74m
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 $74mSerica rejects acquisition of BP’s North Sea assets
General – Rejection
On 13 October 2025, UK independent Serica Energy announced that it had signed an agreement to acquire BP’s entire stake in the P111 and P2544 licences.
[Read more…] about Serica rejects acquisition of BP’s North Sea assetsCOSLInnovator gearing up for next UK well
Fossil Energy – Drilling
The COSLInnovator has concluded drilling and completion operations on the North Sea well, which is part of a four-well campaign managed by Petrofac, and is moving on to the next one.
[Read more…] about COSLInnovator gearing up for next UK wellUK’s Serica Energy restarts production at Triton vessel
Fossil Energy – Triton
UK’s Serica Energy said that its Triton floating production storage and offloading (FPSO) vessel in the North Sea resumed production on Dec. 27, with a phased restart of the producing and new wells ongoing.
[Read more…] about UK’s Serica Energy restarts production at Triton vesselAcquisition of assets from Parkmead Group
General – Acquisition
Serica Energy has agreed to acquire Parkmead (E&P) for up to £14 million ($17.9 million).
[Read more…] about Acquisition of assets from Parkmead GroupSubsea7 awarded contract for Belinda field in North Sea
Fossil Energy – Belinda Field
Subsea7 today announced the award of a contract by Serica Energy, for the Belinda field development south-east of the Triton FPSO.
[Read more…] about Subsea7 awarded contract for Belinda field in North SeaPetrofac receives contract extension from Serica Energy
Fossil Energy – Bruce Platform
Petrofac will continue to provide maintenance execution, consultancy, and metering services to the Bruce platform complex.
[Read more…] about Petrofac receives contract extension from Serica Energy