UK and abroad North Sea firm in high spirits as profits near £500m in first year By Mark Lammey April 11 2019, 2:15 pm April 11 2019, 2:15 pm Share North Sea firm in high spirits as profits near £500m in first year Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/uk-and-abroad/1722169/north-sea-firm-in-high-spirits-as-profits-near-500m-in-first-year/ Copy Link Spirit Energy chief executive Chris Cox Exploration and production firm Spirit Energy generated almost £500 million worth of profit in 2018 − its first full year in business. Spirit launched in December 2017 as a result of a merger between Centrica’s exploration and production business and Bayerngas Norge. Centrica has a 69% stake in the venture and Bayerngas Norge’s former shareholders, led by Stadtwerke München Group, hold 31%. Read the full story on the Energy Voice website.
