No alarm over future for North Sea, oil boss says
Neptune Energy’s UK boss said on Tuesday that talk of the North Sea oil and gas industry being wiped out by a collapse in crude prices is premature.
Cygnus
Green electricity opportunity for Neptune’s Cygnus platform
Neptune’s Cygnus platform is in a prime location to have its emissions cut further by harnessing offshore wind energy, the firm’s UK North Sea interim boss has said.
OGA not yet exercised £1million sanctioning powers despite ‘internal debates’
Chief executive Andy Samuel has confirmed the Oil and Gas Authority has not yet needed to exercise its sanctioning powers despite ‘internal debates” on whether the regulator is being stringent enough.
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.
OGA lays out recommendations in capacity dispute between Spirit, Neptune
The UK oil industry's regulator has advised Spirit Energy to keep looking for alternative export routes for its Pegasus project after the path to its first choice was blocked.
Neptune Energy eyes new exploration to boost North Sea projects
Neptune Energy’s North Sea boss said yesterday he is excited by "growth potential” in the UK, with plans for new exploration to boost its projects.
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.
Size of Spirit Energy may limit potential buyers, says analyst
The size of Spirit Energy's operation will limit any potential buyers to well-funded firms, according to an analyst.
OGA intervenes on Spirit-Neptune dispute as North Sea gas project faces delay
The Oil and Gas Authority (OGA) has intervened in a commercial dispute between two operators which has led to the delay of a new North Sea project.
Neptune making strides with North Sea fields bought from Apache
Exploration and production firm Neptune Energy said yesterday that it is pressing ahead with several UK North Sea projects.
Neptune Energy rising to be a force in the North Sea
Just because a prized footballer hasn’t been put on the transfer list, it doesn’t mean a rival club can’t put in a cheeky bid.
‘All healthy parameters’ at Neptune, CEO House says
Neptune Energy boss Jim House said yesterday the North Sea newcomer was making progress on all fronts.
ONS 2018: Talks under way to solve Cygnus gas blend snags, Neptune says
Neptune Energy’s boss said talks are under way to solve regulatory issues that are hindering production from the giant Cygnus gas field in the southern North Sea.
In a first, North Sea rig appears on Google Street View
Life on board a North Sea oil platform can now be explored from the comfort of your sofa as the world’s first Google Street View tour of an offshore installation has been launched.
Centrica in price cap warning ahead of general meeting
Centrica today repeated its warning that government intervention in energy prices would reduce competition and lead to heftier bills for consumers.
Engie warns of more than 70 job losses in UK
More than 70 UK jobs could go at Engie as the French energy group reorganises its headquarters.
SNS 2017: Centrica casts off bureaucracy in hunt for small pools payout
Centrica has said a project by a group of oil and gas companies to unlock small pools in the southern North Sea is progressing at pace.
Video: Engie hails first gas at Cygnus field in North Sea
A £1.3billion North Sea field has delivered “first gas” in what has been described as a significant boost to UK energy security.
Engie says no “specific” plans to exit oil and gas
French energy firm Engie, said there was no "specific" plans for an exit from oil and gas activity after it said it would focus on low-carbon activities.
Video: Subsea rock installation carried out on Cygnus field as it gears up for first gas
Dredging and marine experts Royal Boskalis Westminster NV has executed the subsea rock installation on the Cygnus field in the North Sea. This video shows the work being carried out by the fallpipe vessel, Rockpiper.
Video: Topside sets sail for Cygnus gas field
A topside has set sail on a journey to the largest new gas field to be discovered in the southern North Sea for 25 years. The Cygnus accommodation module, which weighs 4,600 tonnes, has left the Burntisland Fabrication’s Methil yard towards its final destination off the Lincolnshire coast. Gas is expected to start flowing from the Cygnus field later this year. The field is expected to meet the needs of 1.5million homes and will be the UK’s second largest production site of natural gas.
Cygnus gas field to support 1,500 Scottish jobs
A North Sea gas field is set to create 1,500 Scottish jobs and boost the UK economy £1.3billion, it has been announced. Oxford University has released a report into the huge Cygnus gas project, which started drilling at its North Sea site yesterday.