Neptune Energy’s partner and operator Equinor has discovered oil and gas near the Fram field in the Norwegian North Sea. ESTIMATES Neptune holds a 15% share in the discovery, which lies within the Equinor-operated Fram licence area. “Preliminary estimates of the size of the discovery are between 1.5 and 5.5 million standard cubic metres (Sm3) […]
Tag: PL1179 – Fram area
Neptune awarded new licences in Norwegian North Sea
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 […]