I have an immobiliser on the S2, which I fitted myself. As most of them do, it sets automatically after a period of time, and is unset by pressing the button on the alarm fob. The immobiliser interrupts the power to the fuel pump, so without that your car will never start.
You say the starter motor operates and the engine turns over. Have you checked for a spark at the plugs? If not, let’s just rule out any ignition problem. Take off the spark plug cover on top of the engine and remove a spark plug - they’re deeply recessed, but there’s a plug spanner in the toolkit if you have one with the car. Reconnect the plug to its lead and ensure a good earth to the plug body - laying it on the cam cover normally works. Now turn the engine over and see if there’s a decent spark at the plug terminals. If so, it’s a fuelling issue. If not, there’s an ignition issue anyway, and maybe a fuelling issue too, which would definitely point to the immobiliser as they generally cover both circuits.
Assuming there’s a spark, check fuse A3 in the fuse box ahead of the passenger door - this controls the fuel pump. If that’s OK, move on to the hood well behind the seats. I think on the SE, the fuel pump relay is on the front wall of the battery compartment below the hood well floor - should be the only relay in there. (On my S2 it’s in the left hand speaker compartment behind the passenger seat). Like this:
3E683880-49AA-49D0-9389-77A62D55CE57.jpeg
Terminal 5 on the relay has two white and green wires connected to it (see diagram below).
DD5F4239-FBF2-47D3-8DAA-D6DE763D1DFF.jpeg
One goes to the ECU, one to the fuel pump. Check using a meter or a test lamp that you have power to that terminal with the ignition switched on. The immobiliser is normally fitted in the circuit before this point, so if the immobiliser’s faulty, I’d expect there to be no power at that terminal. If you have power there and you have a spark at the plugs, we need to consider other options, but let’s get that far first. Do you know the exact make and model of the immobiliser, and where in the car it’s located?
Good luck, and keep us posted.

You do not have the required permissions to view the files attached to this post.