Shapps gives sign off to Neo Energy’s Affleck redevelopment
The UK’s energy secretary has given the green light to proposals to redevelop an oil and gas field 178 miles south-east of Aberdeen.
NEO Energy
Valaris Norway rig departs Dundee for Neo Energy North Sea decom job
A Valaris rig is heading for the Southern North Sea ahead of embarking on a decommissioning campaign for Neo Energy.
Hot plays: Four upcoming UK North Sea exploration targets
We take a look at four North Sea exploration targets and hotspots from firms including NEO Energy, Shell, Harbour and Horizon Energy
Exclusive: Apache plans end to giant Forties oilfield with £200m spending cut
Apache has brought forward plans to end Forties, a foundation of North Sea production since the 70s, by 11 years.
NEO and Jersey pick FPSO for $900m Buchan North Sea redevelopment
NEO Energy has selected an FPSO for the Greater Buchan Area oil redevelopment in the North Sea.
Petrofac signs £250 million field extension contract with NEO Energy
Petrofac has signed an extension to its integrated services contract with NEO Energy worth £250 million.
NEO Energy new Buchan field operator after farm-in deal with Jersey completes
Jersey Oil and Gas (LON: JOG) has completed its Great Buchan Area farm-out deal with NEO Energy, the company confirmed on Thursday.
Valaris lands North Sea rig deals with Harbour and NEO Energy
Valaris (NYSE: VAL) has landed a pair of North Sea rig deals with operators Harbour Energy (LON: HBR) and NEO Energy.
Dana submits draft plans for Western Isles decommissioning
Dana Petroleum has submitted draft paperwork for the removal of the Western Isles FPSO, though the fate of the vessel is yet to be decided.
NEO Energy names Nexen veteran as new CEO
M&A specialist Russ Alton is out, project manager Paul Harris is in.
The Magnificent Seven: North Sea project paperwork still awaiting govt sign off
A host of North Sea environmental statements (ES), lodged between April and August, are still to be rubber stamped, with some expected to receive sign off before the year is out.
Hibiscus resolves long-standing riser issues at Anasuria FPSO
Issues with a production riser at the Anasuria FPSO have finally been fixed, more than a year after the fault cropped up.
TAQA and Spirit launch legal action against Viaro over Brae decom costs
TAQA and Spirit Energy are taking fellow North Sea firm Viaro Energy to court to recover costs linked to decommissioning the Brae oilfield.
North Sea firms warn chancellor over ‘disastrous’ windfall tax threat
North Sea oil firms have sent a letter to chancellor Jeremy Hunt, calling the UK one of the most “fiscally unstable” places to do business in the world as another windfall tax threat looms.
NSTA investigation launched as oil firm suspected of licence breach
An investigation has been launched into whether a North Sea operator has reneged on its licence commitments after failing to drill a well.
NEO strikes deal with Equinor on 100m barrel North Sea prospect
NEO Energy has become operator of the Isolde exploration target in the UK North Sea after striking a deal with Equinor.
NEO leaves Hibiscus to go solo on Teal West development
Hibiscus Petroleum (KLSE: HIBISCS) plans go it alone in developing the Teal West project in the UK North Sea, as partner NEO Energy exits the licence.
Government to fast track five North Sea oil and gas fields, including Cambo and Murlach
A handful of North Sea oil and gas schemes have been included in a list of infrastructure projects the UK Government is aiming to fast track.
Hibiscus preparing contracts for Teal West project
Hibiscus Petroleum (KLS: HIBISCS) is preparing a number of subsea contracts in relation to its Teal West project in the UK North Sea.
James Fisher Subtech completes contract for NEO Energy, secures future work
Offshore solutions provider James Fisher Subtech (JF Subtech) has successfully completed a contract for North Sea oil firm NEO Energy.
Regulator approves removal plans for Brae Bravo jacket
Regulators have approved TAQA’s plans to remove a section of the remaining jacket structure at Brae Bravo, following a successful topsides decommissioning campaign last year.
NSTA emphasises North Sea collaboration following NEO probe
The North Sea Transition Authority (NSTA) has advised licensees of their “obligation to collaborate effectively” following an investigation into the sale of Esso’s stake in the Elgin-Franklin platform to NEO Energy.
Picking and choosing investment opportunities
Following a tumultuous two years since the first Covid-19 lockdown in the UK, the now much-changed energy sector remains an attractive proposition for both global investors and trade players. Many of these are looking to get ahead of the curve of the much publicised transition to sustainable energy sources.
Harbour Energy, NEO and Waldorf all ‘likely’ destinations for Cnooc assets
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
NEO Energy chief calls for cross-party support to help industry plan for the long-term
A senior figure at NEO Energy has called for cross-party support to help the energy industry map out its long-term future.