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15.05.2014 Centrica’s two wells in North Sea dry

Centrica Resources has drilled two dry exploration wells, 8/10-5 S and 8/10-5 A, approx. 13 kilometres southeast of the Ula field, in the southern sector of the North Sea, Norwegian Petroleum Directorate said on May 14.

24.03.2014 Britain to import Russian gas under 2012 deal

Britain will begin this year to import gas from Russia under a formal contract for the first time, just as European calls to loosen Moscow's grip on energy supply mount because of the crisis over Ukraine, Reuters reported on March 21.

05.03.2014 CERAWeek - Centrica chief warns about UK's growing reliance on gas imports

Britain's dependence on gas imports will rise to 70 percent by 2020 and the country needs to secure more supply from a variety of sources to meet that demand, the chief executive of Britain's biggest utility, Centrica, said on Wednesday.

24.12.2013 Qatar to Increase LNG Sales to Europe

Qatar is poised to boost contracted liquefied natural gas exports to Europe by the most in five years as prices in the region are at their highest since 2006, Bloomberg reported on December 23. 

15.11.2013 Statoil's Oldest Platform to Remain in Service Until 2020

The Statfjord A platform in the North Sea should have been shut down several years ago, but Statoil, Centrica and ExxonMobil have now decided to extend production from the platform until 2020, Statoil said on November 14.

07.11.2013 Poland Joins Norwegian Offshore Exploration

Grupa Lotos, which is Poland’s second largest producer of oil products, has concluded a deal with the Norwegian subsidiary of the UK’s Centrica Plc to buy a share in 14 licenses to develop offshore blocks in Norway. The deal is worth $175.8 million. Grupa Lotos is buying 5% in Heimdal block, 20% in Alta, 30% in Byggve/Skirne and 25.8% in Vale.

07.11.2013 British Centrica to Buy 3 Million Tons of LNG from Qatar Annually

Centrica plc, the parent company of British Gas, on November 6 announced it has entered into a 4 ½ year LNG supply agreement with Qatargas for the purchase of up to 3 million tonnes per annum of liquefied natural gas (LNG).

24.10.2013 EnQuest Buys 50% of Greater Kittiwake Area Assets, Oil Export Pipeline from Centrica

EnQuest PLC, announced on October 22 that it would acquire the UKCS Greater Kittiwake area assets currently owned by Centrica North Sea Oil Limited, as well as Centrica’s 100% interest in the Kittiwake to Forties oil export pipeline.  The agreements are subject to the no

17.06.2013 Gazprom’s Overseas Challenge Rising LNG Competition Shakes Up Gas Market

Today’s gas market is experiencing a significant influx of new LNG project that, according to Ernst & Young, could double global LNG capacity by 2025.