Centrica sells its licenses in certain North Sea assets

British energy sector operator Centrica Plc sold its stake in some of its North Sea licences to Det Norske. Centric a stated that the assets sold were no longer core to the company.

Amongst the asset sale, Centrica sold its 30% stake in three licences in PL 442; PL 026B; and PL 026, including the operatorship in the Frigg Gamma Delta and Rind oilfields.

Source: Offshore Post