News Oil & Gas

Neptune completes asset sales to Eni-Vår Energi

Neptune Energy has completed the sale of Neptune Energy Group to Eni International BV and Neptune Energy Norge to Vår Energi ASA.

Neptune’s assets in Germany will continue as a stand-alone entity, owned and operated by CIC, Carlyle and CVC Capital Partners.

The transactions were first announced in June 2023 and expected to complete by the end of Q1 2024.