Oil and gas company Neptune Energy said Tuesday it would spend more than $1 billion over the next five years 'securing energy supplies for the UK and speeding the transition to net zero.'The amount planned for investment includes capex and pre-development…
Oil and gas company Neptune Energy on Tuesday announced several contract awards worth almost £3 million (around $4 million) in total to support ongoing operations at its operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea…
Oil and gas company Neptune Energy has awarded a two-year contract extension to the oilfield services firm Petrofac.The contract extension, taking effect from January 1, 2022, is for engineering services for the Neptune-operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea…
Oil and gas company Neptune Energy is developing new “digital twins” of two platforms in the Dutch North Sea, which the company says will speed up work schedules, and reduce costs and environmental impacts by enabling engineers to work onshore…
Oil and gas company Neptune Energy on Tuesday said it had completed a first-of-its-kind collaboration with Environmental Defense Fund (EDF) to measure methane emissions on a working UK offshore platform using advanced drone technologies. Methane…
Oil and gas company Neptune Energy on Thursday endorsed the World Bank’s Zero Routine Flaring by 2030 initiative.The initiative brings together governments, companies, and development institutions to eliminate routine gas flaring in oil production no later than 2030…
Oil and gas firm Neptune Energy, the operator of the giant Cygnus gas field in the UK North Sea, on Thursday announced the start of the first Walk to Work (W2W) campaign at the field.'A program of brownfield modifications, maintenance, and…
Investing in new North Sea gas resources is essential for the UK to avoid shortages, price shocks, and rising import costs, industry body OGUK has warned, adding that, without fresh investment, North Sea gas production will plummet by 75% by 2030…
Oil and gas firm Neptune Energy has written to Britain’s energy minister asking for a change in regulation to allow it to produce more domestic gas from its North Sea field amid record gas prices, a letter seen by Reuters showed.Benchmark British…
Dutch seabed survey services firm Fugro has won a subsea inspection contract with the oil and gas company Neptune Energy at the Cygnus gas field in the UK North Sea.As part of the contract, Fugro will employ its specialized survey technology to inspect the subsea infrastructure…
UK-based oilfield services company Petrofac has secured a three-year contract extension from Neptune Energy for the provision of operations and maintenance services for Neptune Energy’s Cygnus Alpha platform in the Southern North Sea. The contract extension…
Neptune Energy has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West offshore discovery in the UK Southern North Sea, in a move that will see the discovery developed as a tie-back to the Cygnus offshore platform.Pegasus…
Neptune Energy on Wednesday said it had made digital twins of five of its operated offshore platforms in the Dutch, Norwegian, and UK North Sea, in a move that will help reduce costs, emissions, and save time on inspection works.This will enable…
Oil and gas company Neptune Energy has teamed up with Environmental Defense Fund (EDF) in a scientific collaboration that will see the use of drones for measuring oil and gas methane emissions from offshore oil and gas facilities.EDF will coordinate…
Offshore services providers Oceaneering and Stork have won integrity management and fabric maintenance contracts on Neptune Energy's Cygnus platform, offshore the UK. The contracts are worth around $6.5 million.Oceaneering will supply integrity management services covering pressure systems…
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