US Grants BP, Serica Licence to Run Iran-owned North Sea Field

(Image: Serica Energy)
(Image: Serica Energy)

BP and Serica Energy received a conditional licence from U.S. authorities to continue operating a North Sea gas field partly owned by Iran's national oil company, Serica said in a statement.

The U.S. Office of Foreign Assets Control extended a licence for U.S. and U.S.-owned or controlled entities to provide goods, services and support the Rhum field, which supplies around 5 percent of Britain's gas demand.

The extension will allow Serica to complete the acquisition of BP's stake in Rhum as well as the Bruce and Keith fields, as well as buying Total's stakes in Bruce and Keith, it said.


(Reporting by Ron Bousso, editing by Louise Heavens)

Current News

Rex’s Akrake Set for July Drilling Ops off West Africa

Rex’s Akrake Set for July Dril

Lautec Gets Vessel Tracking Contract at EnBW’s Offshore Wind Farms

Lautec Gets Vessel Tracking Co

TGS Kicks Off 3D Seismic Survey for Floating Wind Farm

TGS Kicks Off 3D Seismic Surve

Petrobras Targets Africa as Its Main Exploration Area Outside Brazil

Petrobras Targets Africa as It

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine