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

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Eni and Vår Energi to acquire Neptune Energy

23 June 2023   Neptune Energy today announced that Eni International BV has signed a sale and purchase agreement to acquire Neptune Energy Group Limited, with Vår Energi ASA simultaneously signing a sale and purchase agreement to acquire Neptune Energy Norge....

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Neptune Energy awarded Young Person’s Guarantee status

01 June 2023   Neptune Energy today announced it has been awarded Young Person’s Guarantee employer status, in recognition of its support for local communities through the development of Scotland’s future workforce. By supporting the Young Person’s Guarantee initiative, employers work with....

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Neptune Energy awards +$100 million contract for drilling activities

17 May 2023   Neptune Energy today announced the award of a +$100 million contract to Tenaris to provide equipment and services to support drilling activities on the Norwegian Continental Shelf. The contract covers the manufacture, transport, handling and repair of....

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Neptune Energy commences production on Fenja field

28 April 2023   Neptune Energy and its partners, Vår Energi, Sval Energi and DNO, today announced production has commenced from the Fenja oil and gas field in the Norwegian Sea. Fenja is expected to produce 35,000 barrels of oil equivalent....

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Cygnus supports UK energy security with first gas from 11th well

27 April 2023   Neptune Energy and its partner, Spirit Energy, today announced production has commenced from the 11th well at its operated Cygnus gas field in the southern North Sea, unlocking much-needed additional supplies and supporting UK energy independence. The....

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Neptune Energy boosts global portfolio of digital twins

06 April 2023   Neptune Energy today announced an agreement to create new "digital twins” of two offshore platforms in the Dutch North Sea, expanding its portfolio of digitized assets to 14. The twins enable engineers to carry out traditional offshore....

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Neptune Energy Annual Report reveals $4.8bn support for European economies

14 March 2023   Neptune Energy today announced it provided record levels of support for European economies, with activities contributing $4.8 billion gross value added (GVA) and supporting more than 9,200 jobs. Economic impact analysis by Oxford Economics, published today in Neptune’s....

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Neptune Energy signs up to Extractive Industries Transparency Initiative

01 March 2023   Neptune Energy today announced it has signed up to the Extractive Industries Transparency Initiative (EITI), which is designed to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. By endorsing the....

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Neptune Energy partners with Sval and Storegga for CO2 storage licence offshore Norway

27 February 2023   Neptune Energy today welcomed Sval’s announcement regarding an application for a CO2 storage licence in the Norwegian North Sea. Securing the licence would enable the companies to proceed with the Trudvang project which has the potential to....

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Horisont Energi, Neptune Energy and E.ON sign MoU for realisation of a European CCS value chain

20 February 2023   Horisont Energi, a Norwegian clean energy company, and Neptune Energy, an independent global E&P company, have today signed a Memorandum of Understanding (MoU) with the international energy major E.ON with the aim to develop a European CCS....

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Neptune Energy commences production at Cygnus 10th gas well

01 February 2023   Neptune Energy and its partner, Spirit Energy, today announced production has commenced from the 10th well at its operated Cygnus gas field in the UK southern North Sea, unlocking additional supplies for UK homes and businesses. With the....

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Neptune Energy awarded new licences in Norway

10 January 2023   Neptune Energy has today been awarded two new licences in the Awards in Predefined Areas (APA) 2023, announced by the Norwegian Ministry of Petroleum and Energy. The new licences are located close to existing infrastructure in the....

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Neptune Energy donates £500,000 to Childhood Trust’s Christmas appeal and urges others to back the charity

06 December 2022   Neptune Energy has today announced it will donate £500,000 to a charity appeal, aiming to help thousands of children living in poverty in London this winter. The company is appealing to others in the capital to sign....

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Neptune Energy confirms new discovery in the Norwegian Sea

02 December 2022   Neptune Energy and its licence partners today announced a new discovery at the Calypso exploration well (PL938) in the Norwegian Sea. Preliminary estimates are between 1 - 3.5 million standard cubic meters (MSm3) of recoverable oil equivalents, corresponding....

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Neptune Energy confirms hydrocarbons encountered at Calypso well

16 November 2022   Neptune Energy and its licence partners today announced that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea, located within the Neptune-operated PL938 Licence. Having entered the reservoir, logs proved the presence of....

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Neptune Energy begins drilling Calypso exploration well

04 November 2022   Neptune Energy announced today drilling has commenced on the Calypso exploration well in the Norwegian Sea. The exploration well, 6407/8-8 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell....

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Neptune Energy awarded ‘gold’ by UN Environmental Programme for tackling methane

01 November 2022   Neptune Energy today announced it has been awarded Gold Standard status by the United Nation’s Environmental Programme (UNEP), in recognition of its ambitious plans to reduce methane emissions to net zero by the end of this decade. ....

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Neptune Energy: Dutch energy security at risk without investment allowance

20 October 2022   Neptune Energy today called on the Dutch government to introduce an investment allowance in its plans to raise levies on energy companies, to avoid risks to the country’s energy security and net zero targets. The government intends1....

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Neptune Energy awards $53 million contract to CHC for Dutch sector

04 October 2022   Neptune Energy today announced it has awarded a contract worth $53 million to CHC Helicopters for offshore transport in the Dutch North Sea, optimising flight schedules and reducing associated emissions. CHC will provide regular transport to and from....

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Horisont Energi and Neptune Energy to cooperate on the Errai CCS project in Norway

30 August 2022   Horisont Energi and Neptune Energy today announced the signing of a Memorandum of Understanding (MoU) to develop the Errai Carbon Capture and Storage (CCS) project in Norway. Errai could store 4-8 million tonnes of CO2 annually, with....

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Neptune Energy confirms new discovery in the Gjøa area

26 August 2022   Neptune Energy and its partners today announced a new commercial discovery at the Ofelia exploration well (PL 929), close to the Gjøa field in the Norwegian sector of the North Sea. Neptune has completed drilling of....

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Neptune Energy begins work on 10th Cygnus gas well

24 August 2022   Neptune Energy today announced it has begun an infill drilling campaign at its operated Cygnus gas field in the southern North Sea, with the potential to unlock enough gas to heat an additional 200,000 UK homes1 per....

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Neptune Energy awards £10m vessel services contract to Sentinel Marine

03 August 2022   Neptune Energy today announced the award of a £10 million three-year vessel services contract to Sentinel Marine, to provide offshore support for its operated Cygnus gas field in the UK southern North Sea. The contract, awarded following a....

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Neptune Energy begins drilling Ofelia exploration well

27 July 2022   Neptune Energy today announced drilling has commenced on the Ofelia exploration well in the Norwegian sector of the North Sea. The well, 35/6-3 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC....

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Neptune Energy completes final well campaign on Fenja field

25 July 2022   Neptune Energy today announced the safe and successful drilling of four development wells on the operated Fenja field in the Norwegian Sea, in preparation for production start-up. This marks an important milestone in the development of Fenja, which....

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

13 July 2022   Neptune Energy has announced it has been awarded gold medal status from the environment, social and governance (ESG) ratings organisation, EcoVadis. The score places Neptune in the top 5% of all 95,000 global companies assessed by the....

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Neptune Energy awards technical services contract to TechnipFMC

11 July 2022   Neptune Energy today announced the award of a new contract to TechnipFMC for the performance of technical services in Norway. The Technical Service Agreement (TSA) builds on an existing contract which has been optimised to fit Neptune’s future....

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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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Displaying 1 to 30 of 136 records.   Next »