Neptune overcomes production drop to boost profits by two-thirds
Higher oil and gas prices, tax refunds and “tight cost control” helped Neptune Energy overcome a drop in production to lift its profits by two-thirds in the first quarter.
Neptune Energy
Neptune Energy proposing joint CCS and blue hydrogen project in the UK
Neptune Energy has thrown its hat in the ring for a licence that would underpin a combined carbon capture and blue hydrogen project in the UK, it has emerged.
Neptune Energy partnering with Mental Health UK
Our people have all faced challenges over the past year, with many juggling “home-schooling” and other personal responsibilities with work demands. We’ve all become more aware and understanding of each other’s circumstances as a result.
Neptune and Spirit patch up differences with deal for Pegasus discovery
Oil and gas firms Neptune Energy and Spirit Energy have patched up their differences over the Pegasus West discovery in the southern North Sea.
Eni and Neptune start pumping from Merakes offshore Indonesia
The Eni-led Merakes deep-water development in the East Sepinggan block offshore Indonesia has started gas production in the Kutei basin.
Neptune Energy commences final well campaign on Duva
Operator Neptune Energy and its partners today announced drilling has begun on four production wells on the Duva field in the Norwegian sector of the North Sea.
Energean targets two years to transformation
Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023.
Neptune Energy commences drilling at Adorf gas development
Neptune Energy today announced drilling has begun at its operated Adorf Z16 gas development well in the municipality of Hoogstede, north western Germany.
Neptune Energy among the best for ESG and credit ratings, according to research body
Neptune Energy has been ranked among the best exploration and production (E&P) firms for environment, social and governance (ESG) and credit ratings.
Flexibility to the fore in NexGen job talk
Flexibility will be essential for workers in the energy transition, with employment likely to switch between oil and gas and the new technologies.
Equinor hails Blasto as biggest discovery off Norway this year
Equinor has announced the biggest discovery so far this year on the Norwegian continental shelf (NCS).
Neptune hands $21.4m deal to Borr for Dutch and UK North Sea jobs
Neptune Energy will use Borr Drilling’s new Prospector 1 rig for a range of jobs offshore Netherlands and UK as part of a $21.4 million contract.
Neptune Energy measures support to European economies at $2.1billion
Neptune Energy has commissioned a study showing it provided support of $2.1billion to economies across Europe in 2020.
Neptune will ‘absolutely go for it’ if opportunity knocks in hot North Sea market
A boss at Neptune Energy has suggested the firm is prepared to flex its muscles in an increasingly hot UK North Sea mergers and acquisitions (M&A) market.
Electrification among options in emissions-cutting study at Neptune’s Cygnus platform
Private-equity backed Neptune Energy has commissioned a study to review options for reducing the carbon intensity of its Cygnus platform, including electrification.
Drones to measure methane emissions on North Sea platform as part of scientific study
State-of-the-art drones are to be deployed on a North Sea platform as part of a scientific study to measure offshore oil and gas methane emissions.
Next generation of oil workers at heart of transition
For a successful energy transition, the world needs the oil and gas industry, with its considerable financial clout, to weigh in.
Neptune Energy commences Dugong appraisal drilling
Neptune Energy and its partners today announced drilling has commenced on the Dugong appraisal well in the Norwegian sector of the North Sea.
Reskilling the energy workforce, and inspiring the next generation
The energy sector faces two existential shifts in the coming years, with the digitalisation of existing energy systems and the transition to a future energy mix.
Neptune targets further spending cuts in 2021
Bosses at Neptune Energy believe the private-equity backed firm can reach a key production milestone in the coming years while reining in spending.
Virtual Tech Showcase: Removal of help for oilfield services exports may not hamper growth, analyst predicts
Plans to remove support for oilfield technology and services exports wont necessarily inhibit supply chain growth, according to an industry expert.
Neptune Energy announces start-up of Gjøa P1 development
Operator Neptune Energy and its partners Wintershall Dea, Petoro and OKEA today announced that production has started from the Gjøa P1 development in the Norwegian sector of the North Sea.
Neptune strikes deal with Wintershall Dea for German oil and gas fields
Private-equity backed Neptune Energy will buy interests in several German oil and gas fields from Wintershall Dea.
Eni tipped to takeover giant Chevron project in Indonesia by March
SKK Migas, Indonesia’s upstream regulator, expects Eni to takeover Chevron’s giant Indonesia Deepwater Development (IDD) during the first quarter 2021. If the move comes to pass, expect other potential buyers, that could include Pertamina, Sinopec, Neptune Energy and Saka Energi, to be in the new IDD mix.
Interview: NHV CEO hopes oil price bump can get helicopter market to ‘more sustainable situation’
The CEO of NHV hopes the restoration of oil prices can help the beleaguered helicopter market “to a more sustainable situation”.