Milestone for Neptune in Algeria
Neptune Energy today announced a major milestone for the Touat gas facility in Algeria, with operatorship having been formally passed to Groupement Touat Gaz (GTG).
Neptune
Deme Offshore joins southern North Sea hydrogen project
Neptune Energy said today that Belgian energy service firm Deme Offshore had joined the PosHYdon pilot, the world’s first offshore green hydrogen project.
Updated: Neptune will pay £4m to scrap deal for stake in major North Sea discovery
Neptune Energy will pay £4 million to terminate a deal which would have given it 25% of the 250 million barrels of oil equivalent Glengorm discovery in the UK North Sea.
Gas: a strategic role in the UK energy transition
According to the International Energy Agency, natural gas currently accounts for 23% of global primary energy demand and nearly a quarter of electricity generation.
Algerian omission moves Neptune closer to Glengorm stake acquisition
A deal that holds the key to Neptune Energy obtaining a stake in a major UK North Sea discovery took a step forward today.
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 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.