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Neptune Energy

Contacts

Neptune Group Holdings Limited
Nova North
79 Buckingham Palace Road
United Kingdom

Tel: +44 (0) 207 832 3900

Stavanger office
Vestre Svanholmen 6, Sandnes
P.O. Box 242, 4066 Stavanger
Norway

Tel: +47 52 03 10 00

Description

Executive Chairman and founder Sam Laidlaw set up Neptune Energy with private equity investors in 2015 to invest in large oil and gas portfolios.

The acquisition of ENGIE E&P International (EPI) in February 2018 marked a new beginning for the Company. This transformative transaction made Neptune one of Europe’s largest international independent E&P companies. At the same time, China Investment Corporation (CIC) became the company's largest single shareholder.

Neptune is an international independent oil and gas exploration and production company, with a regional focus on the North Sea, North Africa and Asia Pacific.

In the North Sea, their core region, Neptune have a strong operating platform. With their Gjøa and Cygnus assets driving success, there is great potential for enhanced future value. Germany provides a leading onshore position and access to material upside. Meanwhile, in North Africa, a key supplier of European markets, there is the prospect of considerable volume growth. The company's presence in the Asia-Pacific region is fuelled by fast-growing gas demand in a well-established E&P business environment.

Production

Neptune’s total Group production for 2020 averaged 142.4 kboepd, within its revised guidance range of 140-145 kboepd. Including production-equivalent loss of production insurance payments, production was 143.8 kboepd, which was unchanged on 2019.

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Neptune Energy begins drilling Ofelia exploration well
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Neptune awarded ‘gold medal’ by EcoVadis for ESG performance
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Neptune Energy completes drilling of Hamlet appraisal wells
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Neptune to spend $1 billion to support UK energy security
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Neptune Energy confirms oil and gas discovery at Hamlet
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Neptune Energy ramps-up gas production from the Duva field
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Neptune Energy reveals $3.3bn support for European economies
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Neptune Energy discovers hydrocarbons at Hamlet well
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Neptune Energy to donate $2m to support Ukraine aid efforts
15/03/2022
Neptune Energy announces aim to store more carbon than it emits by 2030
03/03/2022
Neptune & RWE to accelerate green hydrogen production in Dutch North Sea
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Neptune Energy announces leadership succession
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Neptune Energy begins final well campaign on Fenja
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