Spirit Energy is a joint venture with Stadtwerke München (SWM) focused on oil and gas production from existing UK assets to fuel homes and business across the UK and Europe.
Spirit Energy was awarded a carbon storage licence for Morecambe Bay, which has the potential to be the UK’s largest carbon storage hubs.
In our reporting structure, Spirit operates within Centrica Gas.
Spirit Energy in Numbers
40
years of production
10.5MMboe
gas production volumes
£166m
Adjusted operating profit (2025)
With a portfolio that is predominantly gas (96%), Spirit provides vital, primary energy that fuels homes and business across the UK and Europe.
Today, Spirit and its 500-strong team, are pushing field life out and pulling net zero forwards, with a focus on meeting and de-risking their decommissioning obligations and exploring strategic energy transition opportunities like carbon capture use and storage (CCUS).
At MNZ our mission is to provide a permanent decarbonisation solution, converting the depleted South and North Morecambe gas fields off the coast of Barrow-in-Furness to provide a permanent, safe and secure carbon storage
Hear from our people
Company news
Major milestone for MNZ Peak Cluster CCS project
Net Zero
Company news
Spirit Energy boosts gas production from Morecambe Fields
Infrastructure
Customers
Investor news
Sale of interest in the Cygnus gas field
M&A
Company news
Spirit Energy’s Morecambe Gas Hub Marks 40 Years of Powering UK
ESG
Net Zero
Company news
Spirit Energy achieves major milestone for MNZ project
ESG
Net Zero
Company news
Spirit Energy welcomes licence award for world-leading carbon storage facility
ESG