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News from Neptune Energy (Neptune E&P UK Ltd)

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Neptune Energy announces ESG and credit rating upgrades

06 April 2021   Neptune Energy today announced it has received upgrades to its environment, social and governance (ESG) and credit ratings. In its latest ESG rating review from Sustainalytics, Neptune received a score of 26.1, putting it in the top 3%....

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Neptune Energy: appraisal well confirms significant discovery at Dugong

29 March 2021   Neptune Energy today announced an updated volume estimate for its Dugong discovery, located in the Norwegian sector of the North Sea. The adjusted resource range is based on results from the recent successfully completed appraisal well (34/4-16....

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Neptune Energy awards Borr Drilling contract for Dutch, UK campaigns

24 March 2021   Neptune Energy today announced the award of a $21.4m contract to Borr Drilling, consolidating development, exploration and P&A activities in the Dutch and UK sectors of the North Sea, and reducing costs and operational emissions. The activities will....

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Neptune Energy’s Duva project marks important milestone

22 March 2021   Neptune Energy today announced the safe and successful installation of four Enhanced Horizontal Subsea Tree Systems (EHXT) for the Duva development project in the Norwegian sector of the North Sea. The installation was carried out by a....

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Neptune Energy Annual Report reveals $2.1bn support for European economies

15 March 2021   Neptune Energy’s European activities supported 11,400 jobs and contributed $2.1 billion gross value added (GVA) in 2020, according to the company’s Annual Report and Accounts, published today. The economic impact analysis, from Oxford Economics, quantified the direct impact....

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Neptune Energy announces Full Year 2020 Results

11 March 2021   Neptune Energy today announced its financial results for the 12 months ended 31 December 2020. Large-scale and diversified Continued improvement in health and safety, with our total recordable injury rate down to 1.4 per million hours worked in 2020. Full....

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Neptune Energy, EDF to pilot novel method to measure offshore methane emissions

05 March 2021   Neptune Energy and Environmental Defense Fund (EDF) today announced a scientific collaboration to test a first-of-its-kind approach for measuring oil and gas methane emissions from offshore oil and gas facilities. EDF will coordinate a team of international researchers....

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Neptune Energy commences Dugong appraisal drilling

01 March 2021   Neptune Energy and its partners in the Dugong licence today announced drilling has commenced on the Dugong appraisal well, located in the Norwegian sector of the North Sea. The well is being drilled by the Deepsea Yantai, a....

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Neptune announces 2021 guidance and interim dividend

26 February 2021   Neptune Energy today announced operational and financial guidance for 2021, ahead of its full year 2020 results on 11 March. Despite a reduction in planned activity related to COVID-19 restrictions and extended unplanned shutdowns at both Snøhvit (Norway)....

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Six oil and gas operators launch joint campaign to abandon wells in the North Sea for the first time

24 February 2021   Nexstep, the National platform for re-use & decommissioning of oil and gas infrastructure in the Netherlands, has over the last few years worked on a joint campaign for the decommissioning of gas wells in the Dutch North....

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Neptune Energy announces start-up of Gjøa P1 development

23 February 2021   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. Gjøa P1 has been developed via a....

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Neptune Energy provides laptops for lockdown schooling

11 February 2021   Neptune Energy today announced it has donated 50 laptops to support online learning for pupils at two London schools, following reports of a major shortage of computer equipment for schoolchildren. Neptune staff also supported fundraising efforts which raised....

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Neptune Energy commences Seagull drilling campaign

28 January 2021   Neptune Energy and its joint venture partners bp and JAPEX, today announced drilling has commenced on the Seagull project in the UK Central North Sea. The Gorilla VI (JU-248) jack-up rig, operated by Valaris, will drill four wells....

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Neptune Energy awarded six licenses in Norway

19 January 2021   Neptune Energy today announced it has been awarded a total of six new licences in the Awards in Predefined Areas (APA) 2020, announced by the Norwegian Ministry of Petroleum and Energy.  Neptune Energy has been awarded....

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Neptune Energy awards $6.5M contracts for Cygnus gas facility

12 January 2021   Neptune Energy today announced the award of integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering and Stork, to the value of approximately $6.5 million. Oceaneering will supply integrity management services covering....

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Neptune Energy and The HALO Trust partnership to boost safety performance

16 December 2020   Neptune Energy today announced a new partnership with worldwide humanitarian landmine clearance organisation, The HALO Trust, to further improve safety performance within both organisations. Neptune teams will demonstrate their systematic approach to incident management, root cause databases and....

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Neptune Energy announces feasibility study into CCS plan for Netherlands

14 December 2020   Neptune Energy has announced a feasibility study into plans for a large-scale offshore Carbon Capture and Storage (CCS) project in the Dutch North Sea, with the potential to safely store 120-150 million tonnes of CO2. Neptune will....

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Mohamed Mounes Shahat to join Neptune Energy as MD for Egypt

24 November 2020   Neptune Energy today announced Mohamed Mounes Shahat will join the company in December to take on the role of Egypt Managing Director, based in Cairo. Mounes joins Neptune from Egypt’s Ministry of Petroleum, having most recently held the....

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Neptune Energy announces Q3 2020 results

18 November 2020   Neptune Energy today announced its financial results for the three months ended 30 September 2020. Good safety and underlying operational performance in Q3, with YTD production up •Continued safety performance improvements, with reductions in Total Recordable Injury Rate and....

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Neptune to tackle COVID-19 impacts on mental health and youth unemployment

16 November 2020   Neptune Energy today pledged its support to tackle mental health and youth unemployment issues across the UK and beyond which have intensified as a result of COVID-19. The pandemic and resulting economic impacts on individuals, families and communities....

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Neptune Energy digitalises drilling & wells with Halliburton Cloud Applications

12 October 2020   Neptune Energy today announced it will adopt Halliburton’s DecisionSpace 365 well construction suite of cloud applications to consolidate all global drilling and wells activities, improve efficiency and significantly reduce non-productive time, leading to potential annual savings of....

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Neptune Energy acquires additional interest in Dugong discovery

08 October 2020   Neptune Energy today announced agreement with Concedo AS for the acquisition of a further 5% interest in the Dugong licence (PL882) in the Norwegian sector of the North Sea. On completion of the acquisition, Neptune will have....

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Neptune Energy appoints Pierre Girard as Director of New Energy

05 October 2020   Neptune Energy today announced the appointment of Pierre Girard to the newly-created role of Director of New Energy. Neptune announced in August the formation of a New Energy team to scale partnerships and investments in low carbon technologies,....

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Neptune Energy commences subsea construction on Seagull project

23 September 2020   Neptune Energy and its joint venture partners BP and JAPEX today announced the beginning of the subsea construction phase of the Seagull tie-back project. TechnipFMC, working under the Neptune Energy Alliance Agreement, has deployed the Apache II pipelay....

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Neptune Energy extends contract with CHC Helicopters

16 September 2020   Neptune Energy today announced it has extended its contract with CHC Helicopters, covering the Dutch sector of the North Sea, for a further two years. CHC will continue to conduct all helicopter flight transfers for personnel to and....

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Neptune Energy begins installing world’s longest heated production pipeline

02 September 2020   Neptune Energy today announced installation is underway of the world’s longest heated subsea production pipeline in the Norwegian sector of the North Sea. Once completed, the 36 kilometre electrically trace-heated (ETH) pipe-in-pipe solution will transport oil from....

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Neptune Energy announces H1 2020 results

27 August 2020   Neptune Energy today announced its financial results for the first half of 2020. Good safety and operational performance despite challenges posed by COVID-19 pandemic Improved safety performance, with LTIF rate of 0.6, TRIR of 2.1 and PSER of 2.1,....

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Neptune Energy and Eserv partner for digitisation of Cygnus platform

18 August 2020   Neptune Energy today announced an exciting new partnership with 3D technology specialist, Eserv, as part of the ongoing digitalisation of Neptune’s assets including its operated Cygnus gas platform in the UK southern North Sea. Using 3D and Artificial....

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Neptune Energy confirms significant discovery at Dugong well

04 August 2020   Neptune Energy and its partners today announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, the largest discovery in Norway so far this year. The volumes are....

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Neptune Energy’s Duva & Gjøa P1 projects mark major milestones

23 July 2020   Neptune Energy today announced the safe and successful installation of subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in the Norwegian sector of the North Sea. Neptune and its....

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Displaying 1 to 30 of 71 records.   Next »