12th Oct 2020 13:42
Serica Energy PLC - oil and gas company focused on the North Sea - Commences offshore operations for R3 intervention project in preparation for Rhum well production. Current work programme will involve recovering equipment left in the well by the previous operator and removing an obstruction that is believed to be in place across parts of the downhole completion. Successfully installs the first Columbus subsea equipment, specifically a seabed tie-in structure, for Columbus development. Installs Arran to Shearwater pipeline. Notes favourable commodity prices.
Current stock price: 98.95 pence, up 3.5%
Year-to-date change: down 23%
By Greg Roxburgh; [email protected]
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