People are being encouraged to “spare a thought” for the thousands of offshore workers spending the holidays away from their families in order to keep the UK running.
Energy services giant Petrofac has secured a contract extension with Neptune Energy for work on the Cygnus field.
Neptune Energy has announced that its VP operations for Europe, Pete Jones, will take on the role of CEO following the retirement of Jim House.
Neptune Energy said it would pay an $800 million (£605m) dividend to shareholders before the end of the year.
A trio of projects have won a share of a £1 million pound prize in order to advance platform electrification in the North Sea.
Neptune Energy has awarded Maersk Supply Service (MSS) a contract for subsea decommissioning at its Juliet field in the southern North Sea.
Neptune and its partners have completed installation of a subsea manifold and umbilical at the Seagull project, in the central North Sea.
Owners of Neptune Energy are weighing plans to sell the UK oil and gas explorer, according to people familiar with the matter.
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig.
Neptune Energy has said it remains committed to the DelpHYnus project, a blue hydrogen and CCS scheme on England’s east coast, after missing out on UK Government selection.
Neptune Energy has announced the sale of non-operated stakes in several oil and gas assets in Norway for $35million.
Neptune Energy has been commended for its efforts to tackle the environmental impact of its operations.
Having resolved issues with partner Neptune Energy, Spirit Energy has handed in an environmental impact assessment (EIA) for proposed new drilling at the Pegasus West discovery.
Neptune Energy has completed a "first-of-its-kind" study using both rotary and fixed wing drones which could help cut methane emissions across the North Sea.
Italy’s Eni (BIT:ENI) has shut down a well at its Merakes field in its East Sepinggan production-sharing contract (PSC) offshore East Kalimantan, Indonesia, due to subsurface problems. This has triggered a production loss of about 60 million cubic feet per day, according to Indonesian upstream regulator SKK Migas.
Drilling has begun on four production wells at the field in the Norwegian Sea.
Aberdeen’s Talisman House office block has been put up for sale for £19.5million, raising the prospect of the biggest commercial property deal in the city since the start of the Covid-19 crisis.
Neptune Energy has endorsed the World Bank’s Zero Routine Flaring by 2030 initiative, as further momentum grows behind emissions reduction efforts ahead of COP26.
Spiralling gas prices and shortages of fuel on the UK’s forecourts have brought into sharp focus the importance of ensuring policy protects the country’s energy supplies throughout the energy transition.
“Mentoring is a brain to pick, an ear to listen, and a push in the right direction,” a quote attributed to John C Crosby, and one which strikes a chord with me.
Increasing pressure is being put on upstream operators to decarbonise their operations, from investors, the regulator and the wider public. But while North Sea energy companies are moving to cut emissions, they still have challenging assets on their hands.
Neptune Energy today announced drilling has commenced on the Dugong Tail exploration well in the Norwegian sector of the North Sea.
BP has chartered an accommodation vessel to provide gangway connected operations at one of its North Sea platforms.
Some of the North Sea oil and gas industry’s biggest players, including Neptune Energy, BP and TotalEnergies, are in the running to pick up a gong at the OGUK Awards.
A merger of Neptune and Harbour Energy would create a company with market capitalisation of $10bn - $11bn, according to new analysis from Jefferies.