Serica given go-ahead for North Sea Belinda tieback

May 20, 2024
The UK’s North Sea Transition Authority has approved Serica Energy’s plan to develop Belinda Field in the central North Sea via a tieback to the Triton FPSO.

Offshore staff

LONDON — The UK’s North Sea Transition Authority has approved Serica Energy’s plan to develop Belinda Field in the central North Sea via a tieback to the Triton FPSO.

Drilling of the sole development well should take place during the first half of 2025. It will be the fifth well in Serica’s current Triton area campaign, using the semisub COSL Innovator.

All five wells should enhance production via the Triton FPSO.

Belinda, due to come onstream in first-quarter 2026, has estimated reserves of about 5 MMboe.

David Latin, chairman and interim CEO of Serica, said, “We have further potential projects in our portfolio, which we continue to assess, including the possible redevelopment of the Kyle Field, which could, like Belinda, be another low-emissions tieback candidate to the Triton FPSO.

“We look to the UK government to implement tax and licensing arrangements that support investments like Belinda, thereby creating UK jobs, earnings and tax receipts instead of increasing reliance on energy imports.”

05.20.2024

Courtesy Valeura Energy Inc. Corporate Overview May 2024
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