Neptune to stump up over £25m for Cygnus drilling rig
Neptune Energy is seeking a drilling rig to work on its Cygnus gas field, according to data from the North Sea Transition Authority’s (NSTA’s) Pathfinder database.
Neptune Energy
NSTA reveals winners of latest North Sea licensing round
The third tranche of the 33rd offshore licensing round sees 19 companies awarded North Sea licences
‘UK powerhouse’: Ithaca Energy confirms North Sea combination with Italian oil giant Eni
The combined UK group will produce over 100,000 barrels per day with a market cap of around £2bn.
Ithaca to become UK reserves powerhouse with Eni deal – analysis
The potential Ithaca Energy (LON: ITH) combination with Eni’s UK assets stands to bring the firm's reserves above that of Harbour Energy, according to analysis.
Eni completes $4.9bn acquisition of Neptune Energy
Italian oil giant Eni (BIT: ENI) has completed its multibillion-dollar takeover of North Sea operator Neptune Energy.
NSTA carbon storage licensing projects start to lock in industrial partners
The UK government outlined its CCUS Vision in December, but where will the carbon set to be stored in offshore sites be sourced from?
Neptune kicks off L10CCS FEED work with Petrofac
Neptune Energy has announced progress on the L10CCS carbon storage scheme off the Netherlands, with a final investment decision (FID) now targeted in 2025.
Plexus wins £175K North Sea contract with Neptune Energy
Plexus Holdings (AIM: POS) has won a £175,000 UK North Sea contract with Neptune Energy.
BP hails start up of 50m-barrel Seagull project
The new development is the first tieback to the ETAP hub in 20 years.
Profits and production up at Vår Energi as new projects come online
Vår Energi reported a rise in production and profits during the third quarter, touting further growth in the coming months as new projects are brought online ahead of schedule.
Neptune Energy starts drilling at key Norway appraisal well
Neptune Energy has announced the start of drilling at its Ofelia appraisal well in the Norwegian North Sea.
Neptune Energy in top 1% of 100,000 energy firms for ESG
Neptune Energy has been named among the top 1% of 100,000 global energy firms for its ESG credentials.
Neptune kicks off exploration well offshore Egypt
Neptune started the offshore rig work for Yakoot in July. The company has said the well is targeting a structural trap with multiple reservoir targets.
North Sea wildcat well bears fruit for Equinor
Equinor (OSLO: EQNR) has made a successful oil and gas discovery in the Norwegian sector of the North Sea.
Neptune results: Seagull due for start-up next month, Isabella results imminent
Neptune Energy has published its first set of financial results since news broke that Eni (NYSE: E) plans to acquire the North Sea operator.
Eni sees profits drop 64% in H1 results on lower oil and gas prices
Neptune Energy buyer Eni noted lower prices and an impact from UK windfall tax
Offshore worker subject to ‘threats and bullying’ after flagging safety concerns on Cygnus platform
Lifting engineer James King said he has suffered lasting mental health issues and awaits the results of an unresolved investigation after he flagged safety problems during work offshore.
Eni deal a ‘clean exit’ for Neptune board amid low valuations for oil stocks
A top oil and gas analyst has given reasoning for Neptune Energy’s decision not to go down the public listing route.
Windfall tax holds UK back in $65 billion M&A market, Rystad finds
Despite the global mergers and acquisitions market (M&A) heating up, the windfall tax has poured cold water on the UK's participation, Rystad indicates.
Neptune takeover: ‘Strategic logic’ to Eni’s decision, says analyst
Analysts have highlighted Neptune Energy’s bountiful gas reserves as a driving force behind its impending takeover.
Eni to acquire Neptune Energy, with Norwegian assets going to Var, as $4.9bn deal unveiled
Italian supermajor Eni’s (NYSE: E) takeover of Neptune Energy – a deal that has been rumoured for months – has officially been confirmed.
Italy’s Eni nears $5bn deal for Neptune Energy
Italian energy group Eni (NYSE: E) is nearing a deal to acquire oil and gas explorer Neptune Energy Group for about $5 billion, according to people familiar with the matter.
North Sea M&A deals ‘dominated by large production portfolios’
There's a hotting-up M&A market in the UK North Sea, including some of the largest players like Harbour Energy. We take a look at where deals are being made.
Why we’re backing the ‘Connected Competence’ initiative – Neptune Energy
If you work in the energy industry, you’ll know it has lots to offer. Some of the greatest benefits include the opportunity to learn new skills, to experience different cultures around the world and to broaden your horizons in general.
Neptune brings further gas production online in Germany
Neptune Energy has announced first gas production from its Adorf Z17 onshore gas well in Germany.