Neptune teases $1bn investment if Dutch Government brings in oil and gas spend relief
Neptune Energy is calling on the Dutch government to introduce an investment allowance in its plans to raise levies on energy companies.
Neptune Energy
Neptune receives approval for 3x expansion to Römerberg oil field
Neptune Energy has announced the approval to raise the production limit at its operated Römerberg oil field from the State Mining Authority for Rhineland-Palatinate.
Making mental health a priority
This month, millions of people around the world observed World Mental Health Day, supporting its 2022 theme of making mental health for all a global priority.
Neptune extends higher gas supplies to UK for this winter amid fears of blackouts
North Sea operator Neptune Energy is doing its bit to allay fears in the UK about potential blackouts this winter.
‘My mum was Muslim, my father was Catholic; I was a confused kid’
EV sits down with Eko Lumadyo, Neptune Energy's Indonesia MD and its E,D&I champion, to discuss equality, diversity and inclusion.
Neptune Energy awards $53m contract to CHC for Dutch sector
Neptune Energy has today announced the award of a contract worth $53 million to CHC Helicopters.
Well-slot: One-in-four hit rate for Norway exploration
As of 26 September, Westwood Global Energy reports that there are two exploration wells active, one in the Northern North Sea and one in the Norwegian Sea.
OEUK engaging on security after overseas pipeline sabotage and drone sightings
Offshore Energies UK (OEUK) is in engaging on security with government bodies amid heightening political tensions in Europe.
Neptune, RWE award feasibility studies for H2opZee hydrogen scheme
RWE and Neptune Energy have commissioned a series of technical feasibility studies in support of plans to build green hydrogen production and transport infrastructure in the North Sea.
Smoke and mirrors in Indonesia as giant gas projects struggle
Indonesia has an ambitious target to almost double natural gas production from 6.5 billion cubic feet per day (cf/d) to 12 billion cf/d by 2030. Hitting that goal means giant undeveloped gas projects, such as Inpex’s Masela and Chevron’s IDD, must proceed rapidly.
Prosafe lands extension worth $3.5m with BP for Seagull project
Prosafe (OLSO: PRS) has landed its first extension worth $3.5m (£3.1m) with BP to support development of the Seagull field in the UK North Sea.
Well-Safe bags $30m decommissioning contract for Neptune’s Dutch, UK assets
Neptune Energy has awarded Well-Safe Solutions a contract for a major North Sea decommissioning campaign spanning the UK and Netherlands.
Norway well slot – North Sea a hive of activity
As of 24 August, Westwood Global Energy reports that there are five exploration wells active, four in the Northern North Sea and one in the Norwegian Sea. Since the previous report, two exploration well programmes have completed, with one of the wells successful.
Isabella: Appraisal drilling kicks off to confirm major North Sea discovery
TotalEnergies (PARIS: TTE) has kicked off hotly-anticipated appraisal drilling at the Isabella discovery in the UK North Sea.
NZTC study finds ‘significant challenge’ in cost of North Sea electrification
A study by the Net Zero Technology Centre (NZTC) has found high capex costs remain a barrier to electrifying North Sea assets, but rising carbon taxes and net zero targets may yet spur development.
NSTA expands energy pathfinder portal to include upcoming O&M work
Upcoming tenders, worth millions of pounds, for operations and maintenance (O&M) work are now advertised on North Sea regulator’s website.
Neptune backs Horisont CCS project in Norway
Neptune Energy and Horisont Energy have signed a memorandum of understanding that will see the two work together to progress the Errai carbon capture and storage (CCS) project in Norway.
Ithaca Energy IPO slated for second half of 2022, Isabella appraisal drilling imminent
A rough timeframe has been given for North Sea operator Ithaca Energy’s planned IPO in London.
Neptune Energy begins work on 10th Cygnus gas well
Today Neptune Energy announced it has begun an infill drilling campaign at its operated Cygnus gas field that has enough potential to unlock enough gas to heat an additional 200,000 UK homes per year from this winter.
Neptune Energy sees windfall tax threatening investment
Neptune Energy CEO Pete Jones has warned that the UK’s windfall tax on oil and gas profits will threaten long-term investment in the sector, but have limited impact on the firm itself.
Neptune Energy prepare for milestone tenth well at Cygnus
Yesterday Neptune Energy shared its 2022 H1 results, announcing drilling had commenced on the tenth well on the Cygnus field and reporting pre-tax profits of £1.18 billion.
OEUK issues new guidance to support methane emissions reduction
Trade body Offshore Energies UK (OEUK) has launched new guidelines to help oil and gas firms reduce methane emissions from the production of oil and gas.
Neptune Energy announces profits of over £600m in H1 2022
Neptune Energy made £627.84 million profit after tax, according to the company's results from the first half of the year.
Neptune awards £10m vessel services contract for Cygnus field
Neptune Energy announced today it has awarded a £10 million three-year vessel services contract to Sentinel Marine, to provide offshore support for its operated Cygnus gas field in the North Sea.
First oil from Norway’s Nova oil field supports UK at ‘crucial time’
Wintershall Dea has begun first oil production at its operated Nova field in the Norwegian North Sea.