Neptune Energy has asked its affiliates to review any activities in Russia over the country’s “unacceptable” invasion of Ukraine.
The North Sea operator has contacted its banks, law firms, financial advisors, audit firms, insurance companies and other suppliers in an effort to disassociate entirely with the Kremlin.
They have been asked to review any activities in support of Russian assets or interests and to share details about measures they are taking to stop dealings with the country.
Neptune Energy and its staff are also donating funds to the British Red Cross in order to support humanitarian efforts in Ukraine.
Moreover, the company is working to “ensure continued supply security of indigenous gas” to reduce reliance on Russian imports.
In a post on LinkedIn, Neptune Energy’s chief financial officer and non-executive director Armand Lumens said: “The act of war of the Russian government against Ukraine is unacceptable. The death and humanitarian crisis are an atrocity and human disaster.
“Today, Neptune Energy has contacted our banks, law firms, financial advisors, audit firms, insurance companies and many other suppliers with the request to review any activities in Russia or in support of Russian assets and interests. We also request these parties report to us any activities, as well as the actions they are taking to stop supporting the Russian state, Russian companies or interests.
“This war is not only an attack on Ukraine, but also an attack on Democracy, fundamental Values and International Law. To defend Ukraine and our core values we cannot be silent or accept to be silenced. We collectively need to speak up and act against the Russian regime, regardless of our nationalities.”
He also issued a rallying cry for people to take “appropriate and collective actions” where possible to reduce support for the “Russian state, Russian interests” and other supporting interests.
“I stand with President Zelenskyy, the courageous Ukranians and with Democracy,” Mr Lumens said.
Neptune Energy is the latest in a growing list of oil and gas companies that have taken measures to against Russia following the country’s invasion of Ukraine.
BP, Shell and Equinor have all condemned the attack in recent days as fighting continues to rage in the Eastern European country.
The conflict has caused oil and gas prices to go through the roof as concerns mount about shortages of supply.
