The North Sea: A bright future for those who embrace it
John F Kennedy once said: “Change is the law of life. And those who look only to the past or present are certain to miss the future.”
Neptune
Neptune hands out drilling deals worth £30.8m for North Sea project
Neptune Energy and partners have dished out drilling services contracts worth £30.8 million for its 50 million barrel Seagull project in the UK North Sea.
Neptune eyes 110,000 barrels per day boost from new projects
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.
Neptune UK boss to head up European operations
The UK boss of Neptune Energy’s UK business has been appointed to head up the firm’s European operations.
Skua project sanction on the cards for BP, Zennor next year
BP is progressing towards a final investment decision (FID) for the redevelopment of a field in the central North Sea.
OGUK unveils 10 ‘principles’ to support battered supply chain
Trade body Oil and Gas UK (OGUK) has published a list of 10 “principles” aimed at helping a "fragile" supply chain whose margins have been squeezed tight by customers in recent years.
Neptune profits up 15% with Seagull construction phase on horizon
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.
Neptune swoops for stakes in German fields
Neptune Energy will acquire interests in a number of oil and gas fields in Emsland and the Grafschaft Bentheim region in Germany from Wintershall Dea.
North Sea producers adopting US shale philosophy
The U.S. oil boom changed the petroleum industry forever. Now its philosophy is being adopted by conventional producers in the North Sea.
Chrysaor buys into Apache’s North Sea exploration acreage
Private-equity back oil firm Chrysaor has snapped up stakes in a number of UK North Sea licences containing exploration prospects from US business Apache.
Worley gets nod from Neptune for Gjoa modifications
Neptune Energy has chosen Rosenberg Worley to modify on the Gjoa semi-submersible platform in the Norwegian North Sea.
Need for growth could be ‘catalyst’ for North Sea deals
The need for newer North Sea players to grow could be a “catalyst” for more M&A deals this year, according to an investment banker.
Updated: Neptune gives green light for North Sea oilfield project
Neptune Energy and partners have sanctioned the development of the Seagull oilfield in the UK North Sea.
Well slot: Drilling wrapped up near Cygnus
Westwood Global Energy reports that at the end of January three exploration wells were drilling on the UKCS: one in the northern North Sea and two in the central North Sea.
Engineer Neptune makes getting to school safer
A community-conscious oil and gas firm has stepped in to ensure children get to a Mearns school safely.
The return of top oil deal-maker John Browne
John Browne’s return to the top of an oil company started with a phone call from a Russian oligarch who had $10 billion burning a hole in his pocket.
Cautious optimism for the year ahead
In the era of Trump and Brexit it’s a risky business trying to second guess what the future might hold, especially when it comes to the UK ‘s often volatile oil and gas sector. There are, however, some developments we can look back on from the last 12 months in trying to assess what might lie in store over the course of 2019.
‘Rigorous’ approach keeping Neptune on track
Bosses at Neptune Energy said a "rigorous" approach to production management was helping the firm deliver "strong" results in 2018.
Shell, Spirit and Neptune to feature in southern North Sea decom event
A cross-sector event is taking place today to explore how to reduce decommissioning costs in the UK and Dutch areas of the southern North Sea(SNS).
Neptune Energy’s first ever results reveal hefty profit
Neptune Energy’s inaugural set of financial results revealed profits in excess of £250 million in the first half of 2018.
Infinity picked for Seagull job
Aberdeenshire-based oil service firm Infinity has been chosen to work on the FEED stage of the Seagull field development project.
Updated: Neptune to buy North Sea stakes from Apache
Oil producer Neptune Energy has agreed to buy stakes in a number of North Sea fields from US firm Apache.
New subsea integrity business up and running in Aberdeen
Subsea integrity specialist 1 Consulting Subsea Integrity (1CSI) has marked the launch of its business with a move into premises at the James Gregory Centre in the Aberdeen Innovation Park, Bridge of Don.
Neptune ties up pact with Repsol Sinopec
Energy service company Neptune has agreed to carry out a range of engineering and manufacturing services on behalf of Repsol Sinopec Resources UK.
Investment firms “express interest” in Shell North Sea assets, report says
Two investment companies led by Centrica veterans have “expressed an interest” in the North Sea assets Shell has put up for sale, a news report said.