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Centrica: Norway is main investment priority for E&P business

Reuters - UK Focus

STAVANGER, Norway, Nov 17 (Reuters) - Centrica (Amsterdam: CC8.AS - news) :

* Norway will be Centrica (Frankfurt: A0DK6K - news) 's top exploration and production (E&P) priority going forward, senior Vice President Dag Omre of the British firm's Norwegian unit said on Thursday

* Centrica's E&P business will consist of assets in the UK, Netherlands and Norway when it has finished the sale of assets in Canada and Trinidad, he told Reuters

* "Norway has been pointed out as the main priority (within E&P) when we are to invest in the future," Omre said, adding that the firm plans to spend the bulk of its E&P capex in Norway next year

* Centrica said earlier on Thursday, it aims to sanction a $648 million oilfield off Norway in December this year (Reporting by Stine Jacobsen, editing by Terje Solsvik)