Serica Energy lowers 2024 production forecast due to Triton FPSO outage, repairs ongoing.
Serica Energy has revised its 2024 production forecast downward due to an unexpected outage at its Triton FPSO unit in the North Sea, caused by a potential issue with a gas compressor. Repairs are underway by operator Dana Petroleum. Despite this setback, production from other assets remains steady, and rising gas prices are benefiting Serica's cash flow. A trading update is expected in mid-November, with production resuming soon after.
October 29, 2024
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