UK North Sea operator secures bargain acquisition amid Prax insolvency

Serica agrees to boost its portfolio of producing assets in the North Sea and West of Shetlands

Chris Cox, chief executive of Serica Energy — Chris Cox, chief executive of Serica EnergyPhoto: SERICA ENERGY

Oslo/London

Published 30 September 2025, 06:40Updated 30 September 2025, 09:29

Serica Energy Prax Group TotalEnergies ONE-Dyas United Kingdom