Video: Engie hails first gas at Cygnus field in North Sea
A £1.3billion North Sea field has delivered “first gas” in what has been described as a significant boost to UK energy security.
Centrica
Consumers urged to switch from standard tariffs to save on energy bills
Three quarters of British Gas customers are stuck on the company’s most expensive tariff and could save £174 by switching to a cheaper supplier, new Ofgem figures show.
Centrica’s $200m problem throws traders new curveball
For five months the natural gas market has had to live without the U.K.’s biggest storage site off England’s east coast. When it returns from emergency maintenance by Friday, traders are facing a whole new challenge.
Petrofac handed $70m contract extension for Cygnus work
Petrofac has netted a contract extension worth about $70million to provide a range of services on the Cygnus gas field in the southern North Sea.
Centrica looks to redeploy North Sea staff to avoid some redundancies
Centrica is currently looking for redeployment opportunities for a number of staff working at its North Sea operations.
Centrica to sell Trinidad and Tobago assets to Shell in $30m deal
Centrica has agreed to sell its interests in Trinidad and Tobago gas assets to oil major Shell for a cash consideration of $30million.
Centrica and partners submit plans for North Sea Oda licence
Faroe Petroleum has submitted a plan for the development and operation of the Oda licence to the Norwegian Ministry of Petroleum and Energy.
Neptune poised for swoop on North Sea?
The oil and gas investment company led by former Centrica boss Sam Laidlaw is thought to be in advanced talks to snap up French-owned assets in the North Sea.
Centrica to sanction $650m North Sea field this year
Centrica plans to sanction its $650million Oda field in the Norwegian sector of the North Sea later this year, a news report said today.
Energy editor honoured at Oil and Gas UK awards
The Press and Journal’s long standing energy editor was handed a special award at a glittering ceremony hosted by the oil and gas industry’s leading trade body.
Centrica confirms Canadian sell-off plan
Centrica, the UK's largest utility company, is in the process of selling all of its Canadian oil and gas assets and exiting operations in the country, a spokesman said today.
Video: Aberdeen pupils inspired by a career in oil and gas
Pupils from a pair of Aberdeen schools have visited Centrica's headquarters to find out more about a career in the oil and gas industry.
Centrica to cut jobs at oil division in Norway
Centrica said today it could lay off up to 20 workers at its oil and gas division in Norway.
Traders Delight as UK gas goes wild on Centrica’s rough halt
This summer’s halt of the UK’s largest natural gas storage facility is roiling Europe’s natural gas markets -- and traders couldn’t be happier.
Centrica extends contract with Qatar for LNG
Centrica has extended a contract to buy gas from Qatar until 2023.
Centrica in consultation with UK onshore staff over job losses
Centrica has begun a consultation with staff over onshore jobs in its UK operations.
Seacroft toasts new contract wins with North Sea majors
An Aberdeen-based marine and offshore consultancy and safety firm today said it had clinched new contracts with two North Sea oil and gas majors. Seacroft Marine Consultants – which is based at the historic Roundhouse, a former navigation centre on Aberdeen’s Pocra Quay − will provide response and rescue vessel (ERRV) assurance services for BP and Centrica E&P. The BP deal runs for three years with two additional one year options, while the agreement with Centrica is for five years with three one year options.
Gas is having a rough time 9,000 feet under Britain’s North Sea
Centrica Plc’s Rough, the U.K.’s largest natural gas storage facility 9,000 feet below the North Sea bed, unexpectedly closed for the summer and will probably remain unavailable for most of the winter. The shutdown whipsawed prices in Europe’s biggest market. Here’s what you should know.
Former Centrica boss moves to CIO role at Amec Foster Wheeler
Amec Foster Wheeler has made a new appointment to its team with the newly created position of chief information officer.
Pioneering oil and gas boss ousted in Centrica’s E&P management shakeup
One of the top women in oil and gas has been ousted as part of a strategy and management shakeup at the exploration and production (E&P) arm of Centrica.
Top chief executive salaries should be slashed says investor group
Salaries of FTSE 100 chief executives are “too high” and should be slashed by more than half, according to shareholder advisory group ShareSoc.
“Fracking” college lands £5.6million funding
The UK's national fracking college has received £5.6million in UK Government funding.
Centrica stock holds steady – despite Engie deal falling through
Centrica's shares held steady today despite a deal with Engie fell through just weeks before its fundraising bid according to reports.
Centrica in failed North Sea merger
Centrica's bid to merge its North Sea operations with a rival firm fell down just weeks before its fundraising bid, it is understood.
Centrica stock dives after it announces £750million shares issue
Shares in British Gas parent Centrica dived today after the utilities firm announced a surprise share sale to raise funds.