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 […]
Tag: Neptune Energy
Neptune awarded four new licences in Gjøa area
Neptune Energy was today awarded four new licences, three as operator, located close to existing infrastructure in the Gjøa area of the Norwegian North Sea. SUSTAINABLE The award comprises PL1213 S (40% and operator), PL1211 and PL1219 (each 50% and operator) and PL1217 (20% and partner). Neptune is the operator of the Gjøa platform which serves […]
Neptune discovers new gas at Kyrre prospect
Neptune Energy and its partners have made a new gas discovery at the Kyrre prospect within PL929 in the Norwegian sector of the North Sea. VOLUMES The discovery is located close to the Gjøa field where the company today also confirmed the volumes for the Ofelia appraisal well. After drilling side-track 35/6-4 A into the […]
Neptune notes starts of oil production from Seagull
Neptune Energy reported the start of oil production from the joint venture Seagull field in the UK North Sea. INNOVATIVE The four-well subsea tie-back project re-uses existing facilities on the Heron pipeline hosted by the BP’s 25-year-old operated eastern tough area project central processing facility in the central North Sea. Project partners comprise Neptune (35%), […]
Neptune spuds Ofelia appraisal well
Neptune Energy has begun drilling the Ofelia appraisal well on PL929 in the Norwegian sector of the North Sea. AGAT & KYRRE The Ofelia discovery, made in August 2022, lies approximately 14km north of the Neptune-operated Gjøa field. The company said that preliminary estimates of recoverable volume were 2.5 to 6.2 million standard cubic metres […]
Neptune spuds first operated Egyptian well
Neptune Energy has begun drilling its first operated well in Egypt with the Yakoot gas exploration well, in the North West El Amal offshore concession in the southern Gulf of Suez. MILESTONE For the first phase of operations the ADM-8 rig, operated by ADES, has a final target depth of around 3,600 metres. Neptune plans […]