Piper Alpha was a disaster – in every sense of the word – and it claimed the lives of 167 fathers, sons, husbands and friends. This single catastrophic event significantly changed our industry forever.
Private equity-backed operator Neptune Energy has announced proposals to cut 400 jobs globally, representing around a fifth of its workforce.
Neptune Energy’s exploration vice president is leaving her role as the company shifts focus to “activities that will deliver the most value” amid the oil downturn.
Neptune Energy has appointed Mehdi Bouguetaia to act as managing director in Algeria.
Neptune Energy has signed a licence with the Egyptian General Petroleum Corp. (EGPC) on the North West El Amal Offshore concession.
As some of the North Sea’s private equity-backed players prepare themselves for public listings, 2020 is expected to be a “big year” for gauging the size of investors’ appetites.