Neptune Energy has been granted two new licences in the Norwegian North Sea through the the Awards in Predefined Areas (APA) 2023. KEY OPPORTUNITIES The grant includes PL1180 (40% and operator) in the Gjøa area and PL1179 (15% and partner) in the Fram area. Both are close to existing infrastructure in areas where Neptune already […]
Tag: Neptune Energy
Neptune starts oil production from Römerberg 6
Neptune Energy today reported first oil production from its operated Rӧmerberg 6 well in the city of Speyer, southwest Germany. PRODUCTION The company said that initial production tests indicated flow rates of up to 1,800 barrels of oil equivalent per day (boepd). Römerberg 6 is the ninth production well on the field and Neptune expects […]
Neptune to use offshore wind for North Sea assets
Neptune Energy hopes to extend the life of its producing fields by powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. INTEGRATED ENERGY HUBS The company today signed a memorandum of understanding with Ørsted and Goal7 to examine the potential of supplying renewable electricity from Ørsted’s Hornsea offshore windfarm projects […]
Neptune donates £500,000 to The Childhood Trust
Neptune Energy said it would donate £500,000 to help children living in poverty this winter in London. VULNERABLE CHILDREN Employees of the company, which has its headquarters in the capital, will also volunteer on projects supported by The Childhood Trust as part of the charity’s Christmas appeal. The Trust’s campaign aims to help some 50,000 […]
Neptune confirms new discovery at Calypso
Neptune Energy has announced a new discovery at the Calypso exploration well (PL938) in the Norwegian Sea. ESTIMATES The company added that preliminary estimates were between one and 3.5 million standard cubic metres (MSm3) of recoverable oil equivalents, corresponding to six to 22 million barrels of oil equivalent (boe). Calypso is Neptune’s third discovery in […]
Neptune donates £100,000 to help rough sleepers
Neptune Energy has for the second year made a donation to Sheltersuit UK to help rough sleepers. ESSENTIAL SUPPORT The company said that the £100,000 donation would provide some 1,500 Shelterbags and pay the wages two Sheltersuit employees who came to the UK as refugees. “With the number of people sleeping on London streets rising, […]