Neptune Energy and its partners today said they had discovered oil and gas at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea. RESOURCE The company added in a statement that in-place volumes discovered in the Hamlet structure were estimated to be five to 11 million standard cubic metres (MSm3) or […]
Tag: Neptune Energy
Neptune doubles Duva gas production
Neptune Energy and its partners today said they would support increased supplies to Europe by doubling gas production from the Duva field in the Norwegian North Sea. DEMAND Neptune added that the companies had worked closely with the Norwegian authorities to identify measures to help meet gas demand in Europe. “This will enable an increase […]
Neptune finds hydrocarbons at Hamlet
Neptune Energy and its partners today announced it had encountered hydrocarbons at the Hamlet exploration well in the Norwegian North Sea. EARLY STAGE The joint venture decided to start coring at the reservoir, located within the Gjøa licence (PL153), although it has yet to confirm if commercial volumes are present. In a statement Neptune added […]
Neptune plans to exceed net zero targets
Neptune Energy said it planned to exceed net zero targets and store more carbon than it emits by 2030 from its operations in the North Sea. CCS The company is working on two carbon capture and storage (CCS) developments in the Dutch and UK sectors of the North Sea. In a statement Neptune added that […]
Neptune unites business in management changes
Neptune Energy said it would unite its business as part of a range of staff changes to simplify its executive management team. SINGLE ENTITY Neptune’s UK and Norwegian businesses will be brought together and report to Neptune’s MD, Norway and the UK, Odin Estensen. The company will retain its offices in Aberdeen and Stavanger, with […]
Neptune starts drilling Hamlet exploration well
Neptune Energy and its partners have started drilling on the Hamlet exploration well in the Norwegian North Sea. HAMLET The Hamlet prospect is at a water depth of 358m and 7km north of the Gjøa field within the Neptune-operated PL153 licence. It lies 58km west of Florø in Norway. The reservoir target is the Lower […]