Oil & Gas

Centrica given nine-year extension

Energy firm Centrica has been given a nine-year extension to continue production at one of its Norwegian assets.

The Vale development in the North Sea was expected to stop producing this year, but Centrica – which bought the condensate and gas field earlier this year – has been given until 2021 to continue operations.

The Norwegian petroleum directorate estimated Vale held 7.5million barrels of oil and 46billion cubic feet of gas at the start of this year.

Read the latest opinion pieces from our Energy Voice columnists

Comments are closed

Feature & Analysis

Features & Analysis

Upcoming Events

  1. Subsea Asia 2017

    August 13 - August 16
  2. OGA Technology Forum for the 30th Round

    August 22
  3. Subsea UK Golf Day

    August 25
  4. Offshore Europe 2017 Dinner

    September 6
  5. Press and Journal Gold Awards

    September 8 @ 7:00 pm - 11:30 pm