Serica to Acquire BP’s Stake in UK’s Largest Gas Field

Serica Energy plc has signed a preliminary deal to buy a 32% non-operated interest in the UK’s top producing gas field from the supermajor BP, the independent UK oil and gas producer said on Monday.    Serica has signed an agreement to buy BP’s stake in the Culzean gas condensate field in the UK Central North Sea and an exploration license adjacent to the license containing the Culzean field. …
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