New licence ‘swoop’ adds to Spirit’s partner appeal
ByMark Lammey
Wednesday 15th February 2017, Aberdeen, Scotland. Chris Cox was appointed Managing Director, Exploration & Production on 1 February 2016.
Chris has over 30 years extensive experience in global oil and gas upstream activities with deep knowledge of a broad range of disciplines. Since 2006 and prior to his appointment with Centrica, he held a number of senior roles at BG Group plc and was latterly the executive vice president, BG Advance and a member of the group executive team. Before BG Group plc, Chris was with both Amerada Hess and Chevron Corporation in a variety of technical, commercial and management roles in a number of international settings.
Pictured: Chris Cox, Managing Director, Exploration & Production Centrica
(Photo: Ross Johnston/Newsline Media)
Spirit Energy’s boss has said the firm’s swoop for stakes in two North Sea licences will make it “more attractive” to potential new joint venture (JV) partners.
Chief executive Chris Cox said the biggest barrier to turning Spirit into a more sustainable business was a lack of reserves.
The boss spoke yesterday as it was announced the company will acquire 50% of Hurricane Energy’s Lincoln and Warwick licences, west of Shetland.
