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News from Neptune Energy (Neptune E&P UK Ltd)

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Neptune Energy to spend $1billion to support UK energy security

10 May 2022   Neptune Energy announced today it will spend more than $1 billion over the next five years securing energy supplies for the UK and speeding the transition to net zero. Neptune currently operates around 11% of the UK’s gas....

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Neptune Energy secures renewable energy electricity supplies for German assets

05 May 2022   Neptune Energy has secured new renewable electricity supplies for its operated assets in Germany, reducing emissions by more than 11,000 tonnes of CO2 per year, a 40% reduction in the company’s scope two emissions in the country. Reducing....

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Neptune Energy confirms oil and gas discovery at Hamlet

28 April 2022   Neptune Energy and its partners today announced the discovery of oil and gas at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea. In-place* volumes discovered in the Hamlet structure are estimated to be....

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Neptune Energy awarded industry-leading ESG rating

20 April 2022   Neptune Energy today announced it has received an improved environmental, social and governance rating from Sustainalytics of 23.2, putting it in the top 3% of all oil and gas companies rated by the organisation. In its ESG rating....

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Neptune Energy ramps-up gas production from the Duva field

08 April 2022   Neptune Energy and its partners today announced gas production will be doubled from the Duva field in the Norwegian sector of the North Sea, supporting increased supplies to the UK and Europe. The partnership has worked closely with....

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Neptune Energy annual report reveals $3.3bn support for European economies

22 March 2022   Neptune Energy today announced record levels of support for European economies with the company’s activities contributing $3.3 billion gross value added (GVA) and more than 9,700 jobs. Economic impact analysis by Oxford Economics, published in Neptune’s Annual....

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Hydrocarbons encountered at Hamlet well, says Neptune

21 March 2022   Neptune Energy and its partners today announced hydrocarbons were encountered at the Hamlet exploration well in the Norwegian sector of the North Sea. Having entered the reservoir, located within the Gjøa licence (PL153), logs encountered hydrocarbons and a....

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Neptune Energy to donate $2m to support Ukraine aid efforts

14 March 2022   Neptune Energy today announced it will donate $2 million to support humanitarian efforts to aid the people of Ukraine. The donation will be shared equally between emergency appeals by the International Committee of the Red Cross and....

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Neptune Energy announces aim to store more carbon than it emits by 2030

01 March 2022   Neptune Energy today announced its aim to go beyond net zero and store more carbon than is emitted from its operations and the use of its sold products by 2030. The company is currently progressing two carbon capture....

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Neptune Energy begins drilling Hamlet exploration well

28 February 2022   Neptune Energy and partners today announced drilling has commenced on the Hamlet exploration well in the Norwegian sector of the North Sea. The well (35/9-16S) is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC....

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Neptune Energy & RWE to accelerate green hydrogen production in Dutch North Sea

16 February 2022   Neptune Energy and RWE today announced the signing of a Joint Development Agreement to develop the offshore green hydrogen project "H2opZee" ahead of 2030. H2opZee is a demonstration project which aims to build 300-500 megawatts (MW) electrolyser....

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Neptune Energy increases production from Gjøa platform

26 January 2022   Neptune Energy today announced that production from its operated Gjøa platform in the Norwegian North Sea increased by two million barrels of oil equivalents (boe) from 2020 to 2021. Gross production over the Gjøa platform ended on 42....

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Neptune Energy’s new digital twins support Dutch New Energy projects

06 January 2022   Neptune Energy today announced the development of new "digital twins” of two platforms in the Dutch North Sea, which will accelerate work schedules, and reduce costs and environmental impacts by enabling engineers to work onshore. They will....

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Neptune Energy awards contract extension to Petrofac for UK services

21 December 2021   Neptune Energy today announced the award of a two-year contract extension to Petrofac for engineering services for the Neptune-operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea. Petrofac will provide a range of brownfield engineering,....

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Neptune Energy announces leadership succession

10 December 2021   The Board of Neptune Energy today announced that Jim House has decided to retire from his role as Chief Executive Officer and from the Neptune Energy Board on 31 December 2021. Pete Jones, currently Neptune’s VP Operations,....

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Neptune Energy uses innovative technology for decommissioning work

01 December 2021   Neptune Energy today announced the award of a decommissioning contract to Maersk Supply Service (MSS) for the Juliet field in the UK Southern North Sea, which will deploy innovative technology to reduce the time and costs associated....

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Neptune Energy extends drilling contract with Odfjell Drilling

22 November 2021   Neptune Energy today announced it has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig, to include three additional wells in the Norwegian North Sea next year. The Deepsea Yantai is currently drilling the production wells at....

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Neptune Energy awarded ‘Gold’ status by OGMP for methane reduction plans

09 November 2021   Neptune Energy today announced it has been awarded Gold Standard status by the Oil & Gas Methane Partnership (OGMP) in recognition of setting ambitious targets and establishing credible plans to reach a net zero methane intensity by....

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Neptune Energy partners with SOS Dolfijn to support marine conservation

08 November 2021   Neptune Energy today announced a new partnership with the SOS Dolfijn Foundation, a leading organisation for the rescue of stranded dolphins, porpoise and whales on the Dutch coast and surrounding countries. Neptune will share its advanced emergency....

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Neptune Energy and EDF complete first-of-its-kind methane study in UK

02 November 2021   Neptune Energy today announced the completion of a first-of-its-kind collaboration with Environmental Defense Fund (EDF) to measure methane emissions on a working UK offshore platform using advanced drone technologies. Methane is the primary component of natural gas and is a potent....

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Neptune Energy begins final well campaign on Fenja

26 October 2021   Neptune Energy and its partners today announced drilling has begun on four production wells on the Fenja field in the Norwegian Sea. The wells are being drilled by the Deepsea Yantai, a semi-submersible rig, operated by Odfjell Drilling. Operated....

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Neptune Energy endorses World Bank Zero Routine Flaring initiative

21 October 2021   Neptune Energy today announced its endorsement of the World Bank’s Zero Routine Flaring by 2030 initiative. The initiative brings together governments, companies and development institutions to eliminate routine gas flaring in oil production no later than 2030. Eliminating the....

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Neptune Energy works with Sheltersuit UK to support the homeless this winter

08 October 2021   Neptune Energy today announced it is working with Sheltersuit UK, a non-profit organisation that creates products to protect homeless people from the elements, to help 350 people across the UK to stay warm this winter. The company has....

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Neptune Energy begins Dugong Tail exploration well

01 October 2021   Neptune Energy today announced drilling has commenced on the Dugong Tail exploration well in the Norwegian sector of the North Sea. The Dugong Tail is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and....

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Neptune Energy carries out first Walk to Work campaign at Cygnus gas field

02 September 2021   Neptune Energy today announced the start of the first Walk to Work (W2W) campaign at its operated Cygnus gas field in the UK Southern North Sea. A programme of brownfield modifications, maintenance and inspection activities will be....

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Neptune Energy commences production on Duva development

23 August 2021   Operator Neptune Energy and its partners Idemitsu Petroleum Norge, PGNiG Upstream Norway and Sval Energi today announced the safe and successful start-up of production from the Duva development in the Norwegian sector of the North Sea. Duva was....

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Neptune Energy awarded ‘silver medal’ by EcoVadis for ESG performance

06 August 2021   Neptune Energy today announced it has been awarded silver medal status from the environment, social and governance (ESG) ratings organisation, EcoVadis. The upgrade places Neptune in the top 25% of all 75,000 global organisations assessed by EcoVadis. EcoVadis....

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Neptune Energy installs world’s longest ETH production pipeline

03 August 2021   Neptune Energy today announced the safe and successful installation and testing of the world’s longest trace-heated subsea production pipeline at its operated Fenja field in the Norwegian sea. The 37 kilometre electrically trace-heated (ETH) pipe-in-pipe solution will transport....

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Neptune Energy welcomes subsidy award for offshore green hydrogen pilot

22 July 2021   Neptune Energy today welcomed an announcement by the Netherlands Enterprise Agency (RVO) to award a subsidy to the PosHYdon project, the world's first offshore green hydrogen pilot on a working platform. The subsidy was awarded under the RVO’s....

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Neptune Energy awards Cygnus subsea inspection contract

21 July 2021   Neptune Energy today announced the award of a subsea inspection contract for its operated Cygnus gas field in the UK southern North Sea to leading Geo-data specialist, Fugro. Fugro will use advanced inspection technologies, enabling data processing....

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Displaying 1 to 30 of 109 records.   Next »