Serica Energy has agreed to buy bp’s 32% stake in the Culzean field, the UK’s largest offshore gas producer. The $232 million deal expands Serica’s North Sea portfolio and adds low-cost, low-emission production operated by TotalEnergies.
UK offshore expertise spotlighted as African producers pursue faster oil and gas development
At the Wider African Energy Summit in Aberdeen, operators and industry groups highlighted how UK...
