Spirit Energy, majority owned by Centrica, has obtained a carbon storage licence for the North and South Morecambe gas fields

The British gas owner’s subsidiary will sell its Norwegian oil and gas business and a North Sea field for $1m

Spirit Energy, the joint venture between Centrica and Norweigan firm Bayerngas Norge, is to drill a new gas well in the Southern North Sea. The £75 million Chiswick field investment is expected to produce around 50 billion cubic feet of gas. Oil & Gas UK Chief Executive Deirdre Michie said: “Spirit Energy’s announcement provides evidence […]

A major new oil and gas company has been launched. Spirit Energy, a joint venture which combines Centrica’s exploration and production business with Bayerngas Norge, has started trading as an independent oil and gas operator. Production from the combined portfolios is expected to be around 50 million barrels of oil equivalent (mmboe) from 27 fields […]