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Serica Energy Faces Production Halt at Triton FPSO
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Serica Energy Faces Production Halt at Triton FPSO

Serica Energy (GB:SQZ) has released an update.

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Serica Energy has temporarily halted production at its Triton FPSO due to a compressor issue, impacting its overall production forecast for 2024. The company expects repairs to take two to four weeks, during which its current production from other assets stands at around 28,000 boepd, with a significant portion benefitting from high gas prices. Despite the setback, this development underscores the operational challenges in the energy sector, keeping investors on alert.

For further insights into GB:SQZ stock, check out TipRanks’ Stock Analysis page.

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