Centrica News

 

Centrica unveils Oda plan, first oil for 2019

Nov 30, 2016

Centrica is planning a US$637 million subsea tieback development of its 48 MMboe recoverable Oda field in the Norwegian North Sea. Oda, previously called Butch, was discovered in 2011, in 65m water depth about 250km southwest of Stavanger and 13km east of the Ula field…

Paragon bags Centrica intervention deal

Oct 19, 2016

Paragon Offshore has won a short-term contact with Centrica for the B391 jackup, offshore the UK. The B391 will preform light well intervention work from late-October to late-November 2016 at a dayrate of US$53,000. Centrica and Paragon…

Statoil's Statfjord hits 5 billion boe

Sep 19, 2016

Statoil, Centrica and ExxonMobil, and Tord Lien, the minister of petroleum and energy, celebrated the 5 billion boe mark that has been delivered by Statfjord since first oil in 1979 today (19 September). Arne Sigve Nylund (left)…

Centrica exec to lead new technology organization

Jul 14, 2016

Senior Centrica Energy executive and former ConocoPhillips executive Colette Cohen is to lead Aberdeen's new Oil & Gas Technology Centre (OGTC). The organization, backed by industry stalwart Sir Ian Wood's Wood Foundation, is setting…

Paragon inks extensions, drops dayrates

Apr 19, 2016

Offshore drilling firm Paragon Offshore has picked up two contract extensions, having reduced day rates. In the Middle East, a contract with ADMA OPCO for the M1162 jackup has been extended from mid-January 2017 to late January 2019 and…

Centrica to cut 3000 jobs in 2016

Apr 18, 2016

Centrica plc will reduce its workforce by 3000 jobs this year, with the first 800 jobs to be cut in the first three months, in efforts to cut costs by more than US$1 billion (£750 million) per year. The job cuts are most likely to hit British Gas…

Det Norske to take over Frigg Gamma Delta

Apr 18, 2016

Norwegian independent Det Norske has agreed to buy Centrica Resources Norge's operated stakes in the Frigg Gamma Delta and Rind discoveries in the Norwegian sector of the North Sea.  Subject to the deal being agreed by regulatory authorities…

WellPerform buys Chris Dykes International

Apr 07, 2016

UK-based well examination services firm Chris Dykes International has been acquired by Danish well management company WellPerform.  Established by Chris Dykes in 2002, following a career with oil majors and the UK's Health and Safety Executive…

Keeping it simple

Apr 01, 2016

Sometimes it’s not all about throwing the latest bells and whistles at a production facility – its best to keep it simple. Elaine Maslin looks at how an eductor has kept a gas field going. Seajacks’ Kraken working at the DPPA…

Butch drilled using open water coil tubing

Feb 24, 2016

In this video, Island Offshore shows a successful pilot hole that was drilled for Centrica Energy by using open water coil tubing.  Multi purpose offshore vessel, the Island Constructor, drilled a shallow gas pilot hole down to 360m below mudline at the Butch PL 405-field…

Centrica to cut 3000 jobs in 2016, 6000 by 2020

Feb 18, 2016

UK-based Centrica plans to reduce its workforce by 3000 by year-end, and a total of 6000 by 2020 in a move that will save the company more than US$1.1 billion (£750 million). Image of Iain Conn…

Breaking ground on Butch

Feb 01, 2016

Open water coiled tubing drilling has been used offshore Norway in an industry first. Elaine Maslin found out more. Island Offshore’s Island Constructor. Images from Centrica Norge Coiled tubing drilling (CTD) isn’t a new concept…

Centrica, EnQuest extend Petrofac contracts

Dec 14, 2015

Petrofac has won contract extensions from its customers on the UK Continental Shelf (UKCS) totaling US$400 million. Petrofac secured a two-year extension from Centrica Storage to its Services contract on the 8A platform in the Rough field…

Subsea 7 inks Centrica decom work

Dec 07, 2015

Subsea 7 will provide decommissioning services for the second phase of Centrica’s Rose and Stamford gas field decommissioning programs, located in the southern North Sea. Photo of the Seven Atlantic DSV…

Centrica inks Subsea 7, Aibel, DNV GL frame agreements

Oct 30, 2015

Centrica signed a string of partnership agreements with three suppliers - Subsea 7, Aibel and DNV GL.  The firm says it is looking to create a strategic partner alliance (SPA) model covering all phases of project execution, with duration…

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