Neptune’s Cygnus platform is in a prime location to have its emissions cut further by harnessing offshore wind energy, the firm’s UK North Sea interim boss has said.
Chief executive Andy Samuel has confirmed the Oil and Gas Authority has not yet needed to exercise its sanctioning powers despite ‘internal debates” on whether the regulator is being stringent enough.
New projects will raise production at private-equity-backed Neptune Energy by 110,000 barrels of oil equivalent (boe) per day in the next two years.
The UK oil industry's regulator has advised Spirit Energy to keep looking for alternative export routes for its Pegasus project after the path to its first choice was blocked.
Neptune Energy’s North Sea boss said yesterday he is excited by "growth potential” in the UK, with plans for new exploration to boost its projects.
Neptune Energy enjoyed a near-15% increase in group profits in a first half of 2019 marked by the sanctioning of a 50 million barrel North Sea project.
The size of Spirit Energy's operation will limit any potential buyers to well-funded firms, according to an analyst.
The Oil and Gas Authority (OGA) has intervened in a commercial dispute between two operators which has led to the delay of a new North Sea project.
Exploration and production firm Neptune Energy said yesterday that it is pressing ahead with several UK North Sea projects.
Just because a prized footballer hasn’t been put on the transfer list, it doesn’t mean a rival club can’t put in a cheeky bid.
Neptune Energy boss Jim House said yesterday the North Sea newcomer was making progress on all fronts.
Neptune Energy’s boss said talks are under way to solve regulatory issues that are hindering production from the giant Cygnus gas field in the southern North Sea.
Life on board a North Sea oil platform can now be explored from the comfort of your sofa as the world’s first Google Street View tour of an offshore installation has been launched.
Centrica today repeated its warning that government intervention in energy prices would reduce competition and lead to heftier bills for consumers.
More than 70 UK jobs could go at Engie as the French energy group reorganises its headquarters.
Centrica has said a project by a group of oil and gas companies to unlock small pools in the southern North Sea is progressing at pace.
A £1.3billion North Sea field has delivered “first gas” in what has been described as a significant boost to UK energy security.
French energy firm Engie, said there was no "specific" plans for an exit from oil and gas activity after it said it would focus on low-carbon activities.
Dredging and marine experts Royal Boskalis Westminster NV has executed the subsea rock installation on the Cygnus field in the North Sea. This video shows the work being carried out by the fallpipe vessel, Rockpiper.
A topside has set sail on a journey to the largest new gas field to be discovered in the southern North Sea for 25 years. The Cygnus accommodation module, which weighs 4,600 tonnes, has left the Burntisland Fabrication’s Methil yard towards its final destination off the Lincolnshire coast. Gas is expected to start flowing from the Cygnus field later this year. The field is expected to meet the needs of 1.5million homes and will be the UK’s second largest production site of natural gas.
A North Sea gas field is set to create 1,500 Scottish jobs and boost the UK economy £1.3billion, it has been announced. Oxford University has released a report into the huge Cygnus gas project, which started drilling at its North Sea site yesterday.