Centrica merges oil business with Bayerngas to tap younger fields

By Karolin Schaps and Sanjeeban Sarkar on 7/17/2017

LONDON (Reuters) - Centrica has agreed with Bayerngas Norge to merge the companies' North Sea assets, creating the region's largest non-major oil and gas producer and allowing Centrica access to younger fields and to lower its decommissioning liabilities.

Related News ///

FROM THE ARCHIVE ///

Comments ///

comments powered by Disqus