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

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Neptune Energy installs world’s longest ETH production pipeline

03 August 2021   Neptune Energy today announced the safe and successful installation and testing of the world’s longest trace-heated subsea production pipeline at its operated Fenja field in the Norwegian sea. The 37 kilometre electrically trace-heated (ETH) pipe-in-pipe solution will transport....

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Neptune Energy welcomes subsidy award for offshore green hydrogen pilot

22 July 2021   Neptune Energy today welcomed an announcement by the Netherlands Enterprise Agency (RVO) to award a subsidy to the PosHYdon project, the world's first offshore green hydrogen pilot on a working platform. The subsidy was awarded under the RVO’s....

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Neptune Energy awards Cygnus subsea inspection contract

21 July 2021   Neptune Energy today announced the award of a subsea inspection contract for its operated Cygnus gas field in the UK southern North Sea to leading Geo-data specialist, Fugro. Fugro will use advanced inspection technologies, enabling data processing....

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Neptune Energy’s wells digitised with gaming tech to enhance production, cut costs

15 July 2021   Neptune Energy today announced the digitalisation of its portfolio of subsea wells in Norway, using an innovative data visualisation platform based on 3D gaming technology to enhance drilling and production efficiency, and reduce time and costs. The new....

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Neptune Energy pilots virtual reality technology developed for astronauts

10 June 2021   Neptune Energy today announced the successful completion of a virtual reality pilot on its operated Gjøa platform in the Norwegian North Sea, enabling teams to make highly realistic virtual visits to the facility. The technology, developed by....

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Neptune Energy welcomes completion of Maha appraisal well test

07 June 2021   Following today’s announcement from Eni regarding the successful completion of drilling and testing of the Maha 2 well in the West Ganal block offshore Kalimantan, Indonesia, Neptune Energy’s Managing Director for Indonesia, Eko Lumadyo, said: "Maha is....

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Neptune Energy’s new Digital Twins reduce costs, time and environmental impact

02 June 2021   Neptune Energy today announced the digitisation of five of its operated offshore platforms in the Dutch, Norwegian and UK North Sea. This will enable approximately 90 site inspections each year to be carried out from onshore, accelerating....

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Neptune Energy announces Q1 2021 results

13 May 2021   Neptune Energy today announces its financial results for the three months ended 31 March 2021. Good operational performance, with production in line with guidance: Continued improvement in health and safety, with total recordable injury rate down to 1.3 per....

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Neptune Energy acquires interest in the Pegasus West discovery

04 May 2021   Neptune Energy today announced it has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West discovery and surrounding acreage (P1724, P1727, P4257 and P2128) in the UK Southern North Sea. Pegasus West was discovered in....

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Neptune Energy welcomes first gas from Merakes project

26 April 2021   Neptune Energy today welcomed the announcement, by the operator, Eni, that production has started from its Merakes development, located in the East Sepinggan block, offshore Indonesia. The Merakes development consists of five subsea wells, tied back to the....

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Neptune Energy commences final well campaign on Duva

22 April 2021   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. The wells are being drilled by the Deepsea Yantai, a....

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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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Displaying 1 to 30 of 82 records.   Next »