Spirit Energy has entered into agreements to divest its Norwegian business including the Statfjord UK field. The headline consideration is $1,076 million (approximately £800million), plus a contingent payment linked to commodity prices.

Planning for the decommissioning of a North Sea field which has exceeded its expected life sevenfold is now underway.

Spirit Energy has found more gas at Grove, penetrating an undrained part of the North East area of the field. As a result, the life of the Grove field could be significantly extended.  

An export route has been confirmed for Spirit Energy's Pegasus West discovery following the farm-down of a 38.75% stake to Neptune Energy

The Spirit Energy-owned York gas field has been given another three years of life following a successful life extension project.

Spirit Energy will drill a new well in the Grove North East area. If the infill well is a success, the life of the Grove field could be extended by five years to 2028.

Two normally unmanned installations which used to produce gas for Spirit Morecambe Bay will be removed by the largest vessel in the world this year.

We’ve been awarded six new licences in the 32nd licencing round – three in the southern North Sea and three in the central North Sea.

York, a Spirit Energy-owned gas field in the Southern North Sea has been given another three years of life with an additional £13million investment.