Serica expands North Sea footprint with acquisition

Deal follows flurry of M&A activity in UK North Sea in recent years amid declining oil and gas output and tightening fiscal rules

David Latin, chairman and interim chief executive of Serica Energy.
David Latin, chairman and interim chief executive of Serica Energy.Photo: SERICA ENERGY
Published 12 December 2024, 09:35Updated 12 December 2024, 09:35
Serica EnergyParkmead GroupUnited KingdomUK North SeaEurope