Morecambe Bay gas fields begin energy-saving drive

By Tim Aldred

20 Jan 2021

Morecambe Bay gas fields, one of the UK’s largest gas accumulations, has enlisted the services of a world-renowned engineering consultancy to help reduce energy use and save costs.

The contract, won by Wood, has been awarded by operator Spirit Energy. It lasts five years and is worth $130m (approximately £95m.) 

The company will use its 'late life asset optimisation' experience to extend field life, lower costs, and reduce late life carbon intensity across the Morecambe Hub’s offshore assets in the East Irish Sea and the Barrow onshore gas terminal on the northwest coast of England.

Craig Shanaghey, Wood’s president of operations for Europe, Middle East and Africa, said: "Our shared ambition is to leverage the greatest value from the Morecambe Hub in its late life phase, by focusing on driving down operational costs and creating opportunities to extend field life.”

John Cowie, Morecambe Hub asset director at Spirit Energy, said: "The Morecambe Hub has produced gas for the UK for more than 30 years, and remains a key asset in our portfolio as we continue to maximise economic recovery from the area.

"There is still more we can do to extend Morecambe’s field life while reducing its emissions and contribute to the UK’s Net Zero targets, and we look forward to working with Wood on both of these goals."

  • For further Lancashire business news, advice and analysis subscribe to Lancashire Business View or join the LBV Hub from just £2.50 per month. Click here to subscribe now.

Enjoyed this? Read more from Tim Aldred

Latest news

1

Mayoral authority pathway for Lancashire revealed County Hall in Lancashire

Mayoral authority pathway for Lancashire revealed

28 Oct 2026

2

Healey looks to deliver ‘breathing space’ Johnhealeyofficialcabinetportraitjuly2024cropped2

Healey looks to deliver ‘breathing space’

28 Oct 2026

3

Homes improvement group sells minority stake Sustainable Investments Ltd Partners With Bridges

Homes improvement group sells minority stake

28 Oct 2026

4

Businesses outline hopes for Healey's first budget UK Parliament Budget photo

Businesses outline hopes for Healey's first budget

27 Oct 2026

5

Burnley firm supports West Midlands control room expansion 3924518a 13fa 4496 9444 47a6934fbb65

Burnley firm supports West Midlands control room expansion

27 Oct 2026

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
LBV131 November/December Magazine Networking Event
LBV131 Magazine Launch Social720No Text 19 Nov 2026

LBV131 November/December Magazine Networking Event

The Landmark, School Lane, Burnley, BB11 1UF

08:30 - 10:30

Lancashire Business Day 2026
LBD26 WW Logo720 27 Nov 2026

Lancashire Business Day 2026

Burnley Football Club, BB10 4BX

12:00 - 17:00

Sub36 Reunion & Networking
03 Dec 2026

Sub36 Reunion & Networking

Burnley Football Club, BB10 4BX

15:00 - 17:00

Lancashire Net Zero Conference 2027
NZC27 Social 1200x800Generic 11 Feb 2027

Lancashire Net Zero Conference 2027

The Wellbeing Farm, Egworth, Wheatsheaf Hill Farm, Plantation Road, BL7 0BY

09:30 - 02:00

Help to Grow: Management Course
Help To Grow 25 Sep 2026 - 15 Dec 2026

Help to Grow: Management Course

University of Lancashire, Preston, PR1 2HE

09:30 - 12:00

The PM+M Autumn Budget seminar - East Lancashire
Autumn Budget 2026 LBV 29 Oct 2026

The PM+M Autumn Budget seminar - East Lancashire

Blackburn Rovers Football Club (Premier Suite), Blackburn, BB2 4JF

08:00 - 10:30

Lancashire Finance Leaders Forum: The Autumn Budget in Focus
ian-UmTFcwHLPC0-unsplash.jpg.jpg 29 Oct 2026

Lancashire Finance Leaders Forum: The Autumn Budget in Focus

Farington Lodge Hotel, Stanifield Lane, PR25 4QR

08:00 - 10:00

Blackburn Budget Breakfast 2026
LBV Website Events GraphicBudget Breakfast 30 Oct 2026

Blackburn Budget Breakfast 2026

Premier Suite, Blackburn Rovers FC, Blackburn, BB2 4JF

07:30 - 10:30

Autumn Budget 2026
Lancaster And Morecambe Logo 1 30 Oct 2026

Autumn Budget 2026

Lancaster & Morecambe College, Lancaster, LA1 2TZ

08:00 - 10:00

Chamber Breakfast Networking – November
Lancaster And Morecambe Logo 1 03 Nov 2026

Chamber Breakfast Networking – November

Porsche Centre South Lakes, Carnforth, LA6 1FW

08:30 - 10:30

Funding Unlocked
IMG_3058.jpeg.jpg 04 Nov 2026

Funding Unlocked

Accrington Stanley FC, Accrington , BB5 5BX

10:00 - 12:30

Clubhouse Business Network sponsored by Orca Finance - November 2026
Club House Padel 05 Nov 2026

Clubhouse Business Network sponsored by Orca Finance - November 2026

Clubhouse, Blackburn, BB1 3NT

14:00 - 16:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV130 Online GraphicWebsite
Subscribe now

Weekly news bulletin