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Neptune Energy reports Schwegenheim oil discovery in Rhine Valley, Germany

Neptune Energy reports Schwegenheim oil discovery in Rhine Valley, Germany

Schwegenheim oil discovery : Neptune Energy has reported a discovery at the Schwegenheim exploration well in the Rhine Valley, Germany after carrying out a detailed analysis. The company said that drilling operations were carried out to a depth of 2,600 metres between September and November 2019, with a couple of layers found to be oil […]

Isabella discovery : Total, Neptune Energy make gas, condensate, and oil discovery in UK North Sea

Isabella discovery : Total, Neptune Energy make gas, condensate, and oil discovery in UK North Sea

Isabella discovery : French oil and gas giant Total, Neptune Energy and other partners in license P1820 have made a hydrocarbon discovery following the drilling of the Isabella 30/12d-11 well in the Central North Sea offshore UK. The discovery was made nearly 40 kilometers south of the producing Elgin-Franklin gas and condensate fields and 170 […]

Sigrun East oil discovery : Equinor, Neptune find more oil in PL 025

Sigrun East oil discovery : Equinor, Neptune find more oil in PL 025

Sigrun East oil discovery : Equinor and its partner Neptune Energy have pulled off an oil discovery in the Sigrun East prospect in the Norwegian North Sea, believed to have estimated recoverable resources of 7-17 million barrels of oil equivalent. The oil discovery on the Norwegian Continental Shelf was made in production licence PL 025 […]

PGNiG increases stake in Duva oil and gas field, offshore Norway

PGNiG increases stake in Duva oil and gas field, offshore Norway

PGNiG Upstream Norway has secured a final administrative consent to increase its presence in the Duva oil and gas field in the North Sea by acquiring an additional 10% interests in the PL636 and PL636B licences. With the closing of the deal, PGNiG Upstream Norway’s interests in both the licences have gone up to 30%. The […]

Stork Worley JV wins contract for Neptune’s Dutch assets in North Sea

Stork Worley JV wins contract for Neptune’s Dutch assets in North Sea

Fluor said that Neptune Energy has given a four-year framework agreement to its Stork Worley Integrated Solutions joint venture pertaining to a brownfield modification for its Dutch assets in the North Sea. Under the contract,  Stork Worley Integrated Solutions will deliver engineering, procurement, construction, installation and commissioning, and decommissioning services. Fluor said that it will book […]

Neptune Energy acquires 20% stake in East Sepinggan area in Indonesia

Neptune Energy acquires 20% stake in East Sepinggan area in Indonesia

UK-based Neptune Energy has completed its previously announced acquisition of 20% stake in the East Sepinggan area offshore Indonesia from Eni for an undisclosed sum. The East Sepinggan area contains the Merakes development and Merakes East discovery, located offshore East Kalimantan. The deal, which was signed in July 2019, also involved the acquisition of a […]

Eni completes sale of 20% in East Sepinggan area to Neptune Energy

Eni completes sale of 20% in East Sepinggan area to Neptune Energy

Eni’s subsidiary Eni East Sepinggan has wrapped up its previously announced sale of a 20% stake in the East Sepinggan area, offshore Indonesia, which contains the Merakes development and Merakes East discovery, to Neptune Energy Group’s subsidiary Neptune Energy East Sepinggan. Financial details of the deal that was announced in July 2019 remained to be […]

Equinor reports Echino South oil and gas discovery near Fram field

Equinor reports Echino South oil and gas discovery near Fram field

Echino South oil and gas discovery : Equinor and its partners, through the drilling of the 35/11-23 exploration well at the Echino South prospect have pulled off an oil and gas discovery near the producing Fram field operated by the company in the northern part of the North Sea, offshore Norway. The Norwegian oil and […]