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Share Price Information for Serica Energy (SQZ)

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Share Price: 147.30
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White House give sanctions exemption to BP and Serica over Iran-owned licence

Tue, 09th Oct 2018 11:24

(Sharecast News) - Oil giants British Petroleum and Serica Energy have been granted licences to run a North Sea gas field owned, in part, by Iran.The White House made the rare exemption on Tuesday as the administration was beginning to take steps towards its next set of sanctions on Tehran.President Trump's waiver extension will allow Serica to complete its acquisition of BP's stake in three fields in the region - the Rhum, Bruce and Keith fields - and will also grant it time to snap up Total's stakes in the Bruce and Keith fields.Rhum, which supplies roughly 5% of the UK's gas, is half owned by Iranian Oil Company, a subsidiary of the national oil company.While renewed US sanctions on Tehran, set to come into effect on 4 November, block US firms and citizens from doing business with Iranian companies, Serica said its new licence was conditional on it setting up an escrow account to hold its profits from the assets as long as Trump's new sanctions remained in place - a similar play to the one it had used during the last round of US.As of 1130 BST, BP shares were up 0.45% to 579.20p, while Serica shares had shot up 33.87% to 103.08p.
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27 Apr 2022 17:50

IN BRIEF: BP subsidiary intends to sell shares in Serica Energy

Serica Energy PLC - gas producer in UK North Sea - BP Exploration Operating Co Ltd intends to sell up to 13.5 million shares in Serica, reflecting a 5.0% interest in the company.

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21 Apr 2022 22:07

TRADING UPDATES: essensys loss widens; Fidelity Asian outperforms

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Wednesday not separately reported by Alliance News:

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21 Apr 2022 12:01

Serica Energy swings to profit, lowers production outlook

(Sharecast News) - Serica Energy reported group gross profit of £386.8m in its full-year results on Thursday, swinging from a loss of £2.9m year-on-year, while it narrowed and reduced its production outlook for 2022.

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14 Apr 2022 16:00

UK earnings, trading statements calendar - next 7 days

Friday 15 April 
no events scheduled 
Monday 18 April 
no events scheduled 
Tuesday 19 April  
JTC PLCFull Year Results
Kainos Group PLCTrading Statement
Rio Tinto PLCQ1 Production Results
Wednesday 20 April  
Bunzl PLCTrading Statement
Carr's Group PLCHalf Year Results
Centamin PLCTrading Statement
Hunting PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
John Wood Group PLCFull Year Results
Quilter PLCTrading Statement
Oxford Biomedica PLCFull Year Results
Petra Diamonds LtdTrading Statement
Thursday 21 April 
AJ Bell PLCTrading Statement
Anglo American PLCTrading Statement
Antofagasta PLCTrading Statement
Bonhill Group PLCFull Year Results
Churchill China PLCFull Year Results
DP Poland PLCTrading Statement
essensys PLCHalf Year Results
Foxtons Group PLCTrading Statement
Gem Diamonds LtdTrading Statement
LBG Media PLCFull Year Results
Man Group PLCTrading Statement
PensionBee Group PLCQ1 Results
Relx PLCTrading Statement
Rentokil Initial PLCTrading Statement
Serica Energy PLCFull Year Results
XPS Pensions Group PLCTrading Statement
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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7 Apr 2022 09:49

LONDON BROKER RATINGS: Jefferies cuts TI Fluid, PageGroup, Energean

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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17 Mar 2022 19:43

TRADING UPDATES: 4Global to top forecasts; Nanoco wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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17 Mar 2022 11:42

Serica restarts production at Rhum after underwater fault

(Sharecast News) - North Sea-focussed upstream oil and gas company Serica Energy confirmed on Thursday that production had restarted from the Rhum field.

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4 Mar 2022 20:53

TRADING UPDATES: IOG to cut Gazprom ties; wholesale changes at Donegal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News:

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1 Mar 2022 09:37

LONDON BROKER RATINGS: JPMorgan upgrades Mondi and ITM Power

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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21 Jan 2022 09:38

LONDON BROKER RATINGS: Berenberg ups Rentokil; Citi cuts Computacenter

LONDON BROKER RATINGS: Berenberg ups Rentokil; Citi cuts Computacenter

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20 Jan 2022 20:48

TRADING UPDATES: Wincanton to top forecasts; Kier sees results in-line

TRADING UPDATES: Wincanton to top forecasts; Kier sees results in-line

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10 Dec 2021 21:48

TRADING UPDATES: Robinson warns on sales volumes; Wandisco wins deal

TRADING UPDATES: Robinson warns on sales volumes; Wandisco wins deal

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9 Dec 2021 12:47

Serica Energy upbeat on progress in North Sea

(Sharecast News) - UK North Sea-focussed oil and gas company Serica Energy updated the market on its operations on Thursday, reporting that at Columbus, hydrocarbons from the C1z development well started flowing into the Arran subsea system on 24 November.

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25 Nov 2021 14:49

TRADING UPDATES: MySale scraps ASX float; Serica produces Columbus oil

TRADING UPDATES: MySale scraps ASX float; Serica produces Columbus oil

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25 Nov 2021 10:14

Serica Energy achieves first production at Columbus field

(Sharecast News) - North Sea-focussed upstream oil and gas company Serica Energy updated the market on its Columbus field in the Central North Sea on Thursday, announcing that first production had been achieved.

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