Deal Insight
Centrica acquires a portfolio of assets from Total in the UKCS
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Report summary
Centrica has acquired Total's share in a package of assets in the UK including Alba, Greater Armada Area, Everest, Monan, Mungo, the ETAP Central Processing Facility (CPF) and the Central Area Transmission System (CATS) for a consideration of US$388 million (£246 million). This includes around US$78 million (£49 million) of historical tax allowances.Centrica has been an active acquirer of assets in the North Sea in recent months, and this latest deal shows the company has ...
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Greater Armada Area
- Everest
- Central Area Transmission System (CATS)
- Alba
- Mungo, Monan and the ETAP Central Processing Facility
- Deal analysis
-
Upsides and risks
- Upside
- Risks
-
Strategic rationale
- Centrica
- Total
- Oil & gas pricing and assumptions
Tables and charts
This report includes 7 images and tables including:
- Executive summary: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 1
- Pre-deal portfolio: Total assets sold were comparitively more mature, with lower remaining value
What's included
This report contains:
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