News Oil & Gas

Moody’s raises ratings for Neptune Energy

Neptune Energy said that Moody’s Investors Service had upgraded Neptune Energy Group Midco Ltd to Ba2 from Ba3. The Moody’s also upgraded Neptune Energy Bondco plc’s existing $850 million senior notes due in 2025 to Ba3 from B1. The oil exploration and development company added that its outlook has changed to stable from positive.

News Oil & Gas

Neptune drills development wells on Fenja

Neptune Energy said it had successfully drilled four development wells ahead of the start of production on the Fenja field in the Norwegian Sea. PRODUCTION The operator said that completion of the four wells marked an important milestone in the development of Fenja, which is scheduled to come on stream in the first quarter of […]

News Oil & Gas

Neptune joins zero methane emissions initiative

Neptune Energy said it had joined the aiming for zero methane emissions initiative designed to reduce emissions of greenhouse gas to near zero by 2030. TECHNOLOGIES Neptune already has its own target for zero methane emissions by the end of the decade. The Oil and Gas Climate Initiative (OGCI) developed the initiative for the oil […]