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Spirit Energy, an exploration and production (E&P) company, is the result of a combination of Centrica's E&P business and Bayerngas Norge AS, which was formerly majority-owned by SWM. Centrica plc owns 69% of Spirit Energy, with Bayerngas Norge's former shareholders, led by SWM and Bayerngas GmbH, owning 31%. [72]
The Company was founded in 2009 with the vision and strategy to become a high growth Nigeria focused independent exploration and production company. [1]Concurrent with the initial public offering in September 2012, [2] [3] Eland purchased a 45% interest in OML 40, with its partner Starcrest Energy Nigeria Limited, from the Shell Group.
Centrica Energy also generates electricity in the United Kingdom and has gas and oil exploration and production operations in the Irish Sea, Norwegian and Dutch sectors of the North Sea, North America and Trinidad and Tobago. Norway and Until 2010 it had gas exploration activities in Nigeria, these were wound down in 2009.
LONDON -- The best companies are those run by talented and experienced leaders with strong vested interests in the success of the business, held in check by a board with sound financial and ...
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From became chief operating officer of Centrica on 1 January 2002, leaving at the end of February 2002. On 1 March 2003 he became the chief executive of British Energy. On 22 March 2005 he was removed as chief executive of British Energy, when aged 56. [5] British Energy was the largest producer of electricity in the UK.
Centrica Plc on Friday said it was selling its North American subsidiary Direct Energy for $3.63 billion to U.S. integrated power firm NRG Energy, clearing the way for the new head of the British ...
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