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Neptune Energy Group Ltd.’s owners are weighing plans to sell the UK oil and gas explorer, according to people familiar with the matter. View the full article
Neptune Energy Group Ltd., the private equity-backed explorer, is considering options including a merger with Harbour Energy Plc that could create one of Europe’s largest independent oil and gas companies, people familiar with the matter said. View the full article
Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. announced the signing of a Cooperation Agreement to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea. View the full article
Tata Consultancy Services has helped Neptune Energy successfully build a cloud-native data and analytics platform, embrace automation to transform its IT operations and accelerate its cloud transformation journey. View the full article
Neptune Energy announced drilling has begun on a new production well at its operated Rӧmerberg oil field in the Rhine Valley, southwestern Germany. View the full article
In reporting its first-quarter 2021 results, Neptune Energy said that its production growth momentum in Western European operations is on track for 2021. View the full article
Neptune Energy announced that the operator, Eni, said production has started from its Merakes development in the East Sepinggan block offshore Indonesia. View the full article
Neptune Energy announced the completion of 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. View the full article
Neptune Energy announced it will spend more than $1 billion over the next five years securing energy supplies for the UK and speeding the transition to net zero. View the full article
Neptune Energy announced the safe and successful installation and testing of the world’s longest trace-heated subsea production pipeline at its operated Fenja field in the Norwegian sea. View the full article
Neptune Energy and its partners announced an extension of higher gas production from the Duva field in Norway, supplying enough gas to heat a further 550,000 UK homes per day. View the full article
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig, to include three additional wells in the Norwegian North Sea next year. View the full article
Neptune Energy and its partners discovered up to 24 million recoverable barrels of oil equivalent at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea, the company and its partners announced. View the full article
Neptune Energy and its partners announced a new commercial oil discovery at the Ofelia exploration well (PL 929), close to the Gjøa field in the Norwegian sector of the North Sea. View the full article
Neptune Energy and its joint venture partners, bp and JAPEX, have completed the safe and successful installation of the manifold and umbilical for the Seagull project in the UK Central North Sea. View the full article
Neptune Energy announced the safe and successful drilling of four development wells on the operated Fenja field in the Norwegian Sea, in preparation for production start-up, the company said on July 25. View the full article
Operator Neptune Energy and its partners Idemitsu Petroleum Norge, PGNiG Upstream Norway and Sval Energi today announced the safe and successful start-up of production from the Duva development in the Norwegian sector of the North Sea. View the full article
The Neptune-operated Dugong discovery, in Production License 882, was one of the largest discoveries on the Norwegian Continental Shelf in 2020. Neptune estimates recoverable resources to be between 40 - 120 million barrels of oil equivalent (boe). View the full article
Neptune Energy has begun drilling on the Ofelia exploration well in the Norwegian sector of the North Sea, the company announced. View the full article
Neptune Energy has begun an infill drilling campaign at its operated Cygnus gas field in the southern North Sea, with the potential to unlock enough gas to heat an additional 200,000 UK homes per year from this winter. View the full article
TechnipFMC will continue to provide a wide range of engineering, studies and technical services to Neptune Energy, including installation work and operational support for Neptune’s development projects and producing fields. View the full article
Neptune Energy announced it has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West discovery and surrounding acreage in the UK Southern North Sea. View the full article
Neodrill has signed a frame agreement with major oil and gas operator Lundin Energy for the deployment of CAN-ductor technology. View the full article
NDT Global has launched a new 56-inch ultrasonic inline inspection tool, developed in partnership with Aramco, to meet the specific inspection needs of large-diameter pipelines. View the full article
The Jacob Federal 1-42-73-9H was completed in the Parkman Formation, with a lateral length of 4,563 feet. View the full article
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About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.