Serica Energy plc said it was in negotiations for a possible merger with EnQuest plc which has made an all-share offer by way of a reverse takeover. ASSETS Serica added that the proposed deal had “substantial potential benefits” including “increasing scale and diversification, unlocking significant synergies and providing a stronger platform for further growth”. The […]
Tag: Vietnam
Harbour exits Vietnam after nearly 24 years
Harbour Energy plc will exit Vietnam after nearly 24 years with the $84 million (£65.7m) sale of its assets, including its 53.125% interest in the Chim Sao and Dua producing fields. PORTFOLIO The sale to Big Energy Joint Stock Company, subject to government approvals, has an effective date of 1 January 2023 with completion targeted […]