Local Business Serica’s deals with BP, Total near completion as US sanctions waiver granted By Mark Lammey October 9 2018, 8:15 am October 9 2018, 8:15 am Share Serica’s deals with BP, Total near completion as US sanctions waiver granted Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1581487/sericas-deals-with-bp-total-near-completion-as-us-sanctions-waiver-granted/ Copy Link The Bruce field is among those being transferred to Serica Serica Energy said today that the US had granted a conditional licence removing restrictions on production from a UK North Sea field. The waiver applies to the Rhum field, which is 50% owned by the national oil company of Iran, a country hit by US sanctions. Attempts to obtain a licence were holding up Serica’s purchase of BP’s stakes in the Bruce, Keith and Rhum assets. >> Read more on Energy Voice here <<
