Search results for: Sam Laidlaw

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  • 10 June 2015

    Former Centrica manager Sam Laidlaw has established Neptune Oil & Gas Ltd, a new oil & gas investment company, to be headquartered in London. Neptune will focus on investing in large oil & gas portfolios that may come available as a result of current energy market dynamics. Funding will be provided by The Carlyle Group […]

  • 6 March 2014

    The UK will rely on imports for up to 70 per cent of its gas needs by 2020, the Chief Executive of Centrica plc Sam Laidlaw said. Sam Laidlaw told an international energy conference that investment in UK energy generation has almost ground to a halt because of political uncertainty. He told the CERAWeek Global […]

  • 11 May 2017

    French energy firm Engie is reportedly in advanced talks to sell its oil and gas exploration and production business. The company has been in talks with Neptune Oil & Gas to sell 70 percent in Engie E&P for around $3.6 billion, Reuters has reported, citing an unnamed source familiar with the matter. Reuters has reported […]

  • 17 December 2013

    Sam Laidlaw, Chief Executive of Centrica, was awarded the honorary degree of Doctor of Business Administration (Hon DBA) by Robert Gordon University (RGU) on Friday, December 13. Sam Laidlaw was born in Kensington, London in 1956 and was educated at Eton. He received an Open Exhibition to Gonville and Caius College, Cambridge University where he […]

  • 28 March 2016

    Oil giant Royal Dutch Shell is reportedly in talks to sell some of its North Sea assets following completion of its takeover of a rival oil and gas producer, BG Group, that made Shell one of the world’s largest foreign stakeholders in Brazilian deepwater oil fields.  According to The Sunday Times, that cited sources close to the matter, Shell […]

  • 30 July 2014
    Business & Finance

    Centrica plc has appointed Iain Conn as Chief Executive with effect from 1 January 2015, at which point he will join the Centrica plc Board. Conn will succeed Sam Laidlaw who will retire from the Board on 31 December 2014. Conn will join from BP plc where he has been Chief Executive, Downstream, BP’s refining and marketing division, for […]

  • 23 October 2017

    French energy company Engie has said it has launched a strategic review of its upstream and midstream LNG activities. The company confirmed this on Monday, following press speculation that it is in talks to sell its LNG business to its rival and compatriot, Total. Engie, formerly known as GDF Suez, on Monday confirmed it had launched […]

  • 30 July 2012

    Centrica plc, the parent company of British Gas, welcomed the announcement from the Government on the shallow water gas field allowance, an important step forward in ensuring that the UK can maximise the potential of its natural resources in the North Sea. The allowance will enhance the economics of the Cygnus project, the largest gas […]

  • 31 July 2014
    Business & Finance

    Centrica reported a profit drop of 31% to GBP 530 million for the first half of 2014 mostly due to loss of GBP 70 million in its gas-fired division. Mild weather in the UK and the Polar Vortex in North America also contributed to this result. Revenues rose 15% to GBP 15.7 billion while operating […]

  • 24 April 2011
    Project & Tenders

      Qatargas signed last Thursday, 21 April 2011, a sales and purchasing agreement (SPA) to supply liquefied natural gas (LNG) to Centrica plc, one of the largest suppliers of gas to customers in the UK. As per the agreement, Qatargas will deliver up to 2.4 million tonnes per annum of LNG from the Qatargas 4 […]

  • 16 February 2018
    Business & Finance

    Private-equity backed Neptune Energy has completed the acquisition of Engie E&P International from the French energy group, Engie. 

  • 6 November 2013
    Project & Tenders

    Centrica, the parent company of British Gas, said it has entered into a 4 ½ year LNG supply agreement with Qatargas for the purchase of up to 3 million tonnes per annum of liquefied natural gas (LNG). The £4.4billion deal builds on Centrica’s existing agreement with Qatargas, signed in February 2011, and could provide gas […]

  • 23 October 2014

    Centrica chief executive Sam Laidlaw spoke at the FT European Gas Summit in London about the downward shift in wholesale gas prices and the consequent benefits for European consumers and businesses. He pointed to longer term causes for the price change: new supplies such as US shale coming on stream, new LNG projects delivering them to […]

  • 22 October 2018
    Business & Finance

    Offshore exploration and production company Neptune Energy has named Armand Lumens as Chief Financial Officer with effect from December 1, 2018.

  • 6 November 2013

    Centrica plc, the parent company of British Gas, today announced it has entered into a 4 ½ year LNG supply agreement with Qatargas for the purchase of up to 3 million tonnes per annum of liquefied natural gas (LNG). The £4.4billion deal builds on Centrica’s existing agreement with Qatargas, signed in February 2011, and could […]

  • 10 November 2014

    Billions Set to Be Invested in German Offshore Wind Projects A downturn in the German offshore wind industry could soon come to an end. GeoSea Buys HOCHTIEF’s Offshore Assets, Becomes Full Owner of ‘Innovation’ DEME’s marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. MHI Vestas 8 MW […]

  • 30 July 2014
    Business & Finance

    Centrica plc announced the appointment of Iain Conn as Chief Executive with effect from 1 January 2015, at which point he ill join the Centrica Board. Iain will succeed Sam Laidlaw who will retire from the Board on 31 December 2014. Iain will join from BP plc where he has been Chief Executive, Downstream, BP’s refining […]

  • 27 December 2016

    Three companies are reportedly looking to buy ExxonMobil’s Norwegian offshore assets estimated to be worth around $1 billion.  According to last week’s news report by Bloomberg, who quoted people familiar with the matter, Aker BP, HitecVision, and Neptune Oil & Gas are in talks with Exxon to buy stakes in the company’s oil assets offshore […]

  • 8 June 2012

    Centrica, the parent company of British Gas, and Statoil signed an extension to their Memorandum of Understanding (MoU) to collaborate on gas-focussed exploration opportunities in Norway and the UK. The original MoU, which was signed in November 2011, has already resulted in the companies bidding jointly in the 27th UK North Sea licensing round. This […]

  • 7 June 2012
    Business & Finance

    Centrica plc, the parent company of British Gas, and Statoil ASA today signed an extension to their Memorandum of Understanding (MoU) to collaborate on gas-focussed exploration opportunities in Norway and the UK. The original MoU, which was signed in November 2011, has already resulted in the companies bidding jointly in the 27th UK North Sea […]

  • 4 September 2013
    Business & Finance

    Centrica Chief Executive Sam Laidlaw gave a keynote address at the Offshore Europe conference in Aberdeen, one of the largest oil and gas events in Europe. Sam first spoke about the recent tragedy, which claimed the lives of four people from the oil and gas industry in a helicopter crash off Shetland. He said: “Our […]

  • 4 September 2013

    Centrica Chief Executive Sam Laidlaw gave a keynote address at the Offshore Europe conference in Aberdeen, one of the largest oil and gas events in Europe. Sam first spoke about the recent tragedy, which claimed the lives of four people from the oil and gas industry in a helicopter crash off Shetland.  He said: “Our […]