News Oil & Gas

Serica renews US sanctions licence for Rhum

Serica Energy plc has renewed its US licence and secondary sanctions for the North Sea Rhum field to allow companies to provide goods, services and support. TAILWIND The licence, shared 50-50 with Iranian Oil Company (UK) Ltd, grants permission to US, US-owned and non-US companies. Issued by the US Office of Foreign Assets Control (OFAC), the […]

News Oil & Gas

Serica stops Rhum production due to fault in subsea control module

Serica Energy plc said it had temporarily shut down Rhum production after identifying a fault in the subsea control module. PROGRAMME The company added that there were currently no safety or environmental issues associated with the fault. “A programme to replace the control module is being planned utilising a spare module held in stock. “This […]