Reuters - The U.S. Treasury extended a licence for Serica Energy to operate the Rhum field in the North Sea which is 50% owned by Irans national oil company, energy producer Serica said on Thursday. The waiver by the U.S. Office of Foreign Assets Control (OFAC) allows U.S. businesses such as oilfield service providers to work on the field while ...

S&P Global Platts - The BP-operated Rhum gas field in the UK North Sea has received a conditional license from the US Office of Foreign Assets Control that allows it to continue operating until the end of October 2019, Serica Energy said on Tuesday. There has been uncertainty around the possible impact on Rhum's operations due to it being 50% ...