Serinus Energy has published its financial results for 2024. The oil company noted a drop in revenues to $15.4 million and cash generated from operations to $1.1 million compared to the previous year.

Serinus Energy plc is an international oil and gas exploration, evaluation and development company that operates mainly in Tunisia and Romania. It has faced challenges with a significant depreciation of its Romanian assets and a decrease in net operating profit due to lower production and commodity prices. Serinus successfully completed reconditioning work in Tunisia and maintained a high level of operational safety. Serinus aims to increase production through active reservoir management and strategic investments in its existing projects