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 […]