Centrica News

 

Centrica to bring more York gas on tap

Oct 26, 2015

Centrica Energy has started drilling a new well from the York gas field in the southern North Sea, offshore England, after nearly £80million of investment. The new well, the fourth at York, will tap an additional 20 Bcf of gas and extend the life of the field out to 2020…

Butch tie-back start up 2019

Oct 21, 2015

Operator Centrica Energy Norway and partners have decided that the Butch discovery in the Norwegian sector of the North Sea will be developed as a subsea tie-in to the Ula field.  With the selected subsea tie-in concept the Butch well…

Centrica authorized to drill North Sea pilot

Oct 05, 2015

Centrica Resources has received consent from the Petroleum Safety Authority to drill a shallow borehole (pilot hole) down to a depth of 423m below the seabed in the North Sea near the Ula field.  The purpose of drilling is to establish that there is no shallow gas in an area…

Trinity implements cost reduction program

Sep 23, 2015

Trinidad and Tobago-focused Trinity is undergoing a multi million dollar cost reduction program that will include a management shakeup. Image from Trinity. According to Trinity…

Trinity terminates Centrica T&T deal

Jul 27, 2015

Trinidad and Tobago-focused Trinity terminated its US$23 million agreement with Centrica to acquire the British company’s 80% interest in two offshore blocks. According to Trinity, it has been unable to extend the term of its agreement…

Cygnus module North Sea bound

Jul 23, 2015

One of the largest oil and gas topsides built this year set sail on July 23 from Burntisland Fabrication’s (BiFab) Methil yard. Cygnus manifold. Image from Engie. The 4600-tonne Cygnus accommodation module…

Centrica awards Atkins decommissioning work

May 13, 2015

Engineering and project management firm Atkins has own a pre-front end engineering and design decommissioning contract with Centrica Energy. The five-year agreement will see Atkins provide UK-based Centrica with engineering and design services…

OIS lands North Sea decommissioning campaign

May 12, 2015

Acteon company Offshore Installation Services (OIS) has been awarded a contract to decommission multiple wells in the North Sea by operator Centrica Energy. The initial campaign includes six subsea wells in the central North Sea, in categories 2…

Statoil acquires Rocksource stake

Feb 25, 2015

Statoil and Rocksource entered into a sale and purchase agreement (SPA) for the PL 602 license in the Norwegian Sea, in which Statoil will acquire Rocksource’s 10% interest. PL 602 is located immediately west of Statoil’s Aasta Hansteen…

Low oil prices could persist into 2017

Feb 19, 2015

Centrica has cut its exploration and budget 40% saying that it thinks oil prices will remain low for the rest of 2015 and potentially also into 2016 and 2017.  The comments, made by the firm's CEO Iain Conn, echo BP CEO Bob Dudley's…

ADIL picks up Centrica risk management contract

Jan 08, 2015

Independent energy consultancy ADIL has been awarded a contract to deliver a new web-based system to Centrica Energy that will allow the operator to manage operational risk and improve transparency across its North Sea assets. The deal…

Centrica in minor gas find

Dec 08, 2014

Centrica Resources Norge’s wildcat well 6707/10-3S is being permanently plugged and abandoned after making a minor gas discovery in the Norwegian Sea, according to the Norwegian Petroleum Dictorate (NPD). Map of PL 528 B…

Small gas discovery for Centrica

Dec 08, 2014

Centrica Resources Norge has made a small gas discovery about 20km from Statoil's Aasta Hansteen development in the Norwegian North Sea, says the Norwegian Petroleum Directorate (NPD).  The 6707/10-3 S well, in production license 528 B…

Pegasus West find for Centrica

Nov 12, 2014

Centrica Energy discovered gas at the Pegasus West discovery in the southern North Sea. Image of the Paragon 391 jackup at Pegasus. From Centrica.   The Pegasus area is 150km east of Teesside…

Faroe selects Petrofac for SNS assets

Oct 13, 2014

Petrofac has secured a duty holder contract for two assets in the southern North Sea, following their acquisition by Faroe Petroleum. Petrofac will continue to provide operations and facilities management to the Schooner and Ketch platforms…

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