Windfall tax has sent North Sea ‘investor confidence to an all-time low’, says Neptune boss
A senior figure at Neptune Energy says the UK Government’s energy profits levy (EPL) has sent North Sea “investor confidence to an all-time low”.
A senior figure at Neptune Energy says the UK Government’s energy profits levy (EPL) has sent North Sea “investor confidence to an all-time low”.
First oil has been achieved at a Neptune Energy operated well, onshore Germany.
Several senior MPs have claimed Chinese involvement in North Sea oil and gas operators presents a “very real risk to security”, as the UK’s diplomatic stance continues to harden.
Plans for a major European carbon capture and storage (CCS) project have taken a step forward with the signing of an option agreement for an onshore terminal.
Ithaca Energy has announced the presence of hydrocarbons at its much-anticipated Isabella well, though operator TotalEnergies has yet to confirm commercial implications.
Borr Drilling has signed contracts for two of its jack-up rigs, in the Middle East and Southeast Asia.
A trio of leading energy firms are to explore powering integrated UK North Sea hubs using a mammoth offshore wind farm.
Gazprom has stakes in five licences in the UK North Sea.
Neptune Energy has booked the Deepsea Yantai rig to drill two further wells in Norwegian waters next year.
The Well-Safe Protector has left the Cromarty Firth on its first contract since being bought from Seadrill in 2020.
Chancellor Jeremy Hunt is due to hold a meeting on Friday on the windfall tax, Energy Voice understands, with oil and gas executives seeking a price floor to the levy.
Neptune Energy is to donate half-a-million-pounds to a charity appeal, aiming to help thousands of children living in poverty in London this winter.
As of 25 November, Westwood Global Energy reports that there are three exploration wells active, with two in the Norwegian Sea and one in the Barents Sea. Since the previous report, one exploration well program has completed at Oswig, and one exploration well has spudded at Countach.
North Sea operator Neptune Energy has confirmed the discovery of fresh, commercial oil in the Norwegian Sea.
Preliminary talks have kicked off with an oil and gas supermajor on a deal for North Sea producer Neptune Energy, according to reports.
North Sea operator Neptune Energy is doing its bit to help those sleeping rough this winter.
Neptune Energy has called on the UK Government to support regulatory changes to the country’s gas entry specifications.
Ithaca Energy (LON: ITH) will benefit from recent changes to the windfall tax, but rivals Neptune Energy and EnQuest (LON: ENQ) will be harder hit, according to new research.
Neptune Energy has highlighted that new projects planned for the UK – as well as parts of Europe – are “at risk” due to government windfall tax plans.
Neptune Energy has confirmed that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea.
Neptune Energy has announced the start-up of drilling at its operated Calypso well in the Norwegian Sea.
Neptune Energy has been pushed to review its offshore procedures after a release of toxic gas during drilling operations earlier this year.
Some of the North Sea’s biggest companies have shared details of millions of pounds worth of upcoming operations and maintenance (O&M) work.
Neptune Energy has again been awarded Gold Standard status by the United Nation’s Environmental Programme (UNEP) in recognition of its plans to curb emissions.
Engineering charity Foothold has today launched a ground-breaking new programme of support, designed to help empower neurodiverse engineers, students and apprentices to achieve their full potential.