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- 01 30, 2025
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The oil and gas industry is a volatile business. Swings in energy prices and the precarious nature of drilling into seabeds are part and parcel of the trade, says David Latin, chairman of Serica Energy, a producer in the North Sea. He once ran oil and gas fields threatened with blockades and militant attacks during a civil war in Libya. He likens the experience to operating in Britain, where a tumultuous tax regime has made it “impossible” to invest.