Feb 24, 2021 1:25:pm
Summary
by: Joe Murphy
NEO Energy, backed by Norwegian private equity group HitecVision, has agreed to pay over $1bn to buy a package of ExxonMobil assets in the north and central UK North Sea, the companies reported on February 24.
NEO is set to acquire nearly 40,000 barrels of oil equivalent/day of supply and over 140mn boe of reserves through the deal, expected to close by the middle of .
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Neptune Builds German Upstream Portfolio
Feb 19, 2021 10:15:am
Summary
by: William Powell
Neptune Energy has agreed to acquire interests in several oil and gas fields in the Emsland and the Grafschaft Bentheim region o.
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Gazprom Neft Sees 2020 Bump in Gas Supply
Feb 19, 2021 8:15:am
Summary The Russian company, while traditionally focused on oil, has said it wants to build up its gas operations.
by: Joe Murphy
Russia s Gazprom Neft reported a 5.5% growth in gas production in 2020, helping to keep its overall hydrocarbon output stable year on year at 1.94mn barrels of oil equivalent/day in spite of Opec+ cuts.
The oil arm of state-owned gas supplier Gazprom lifted 43.08bn m3 of gas in the year, versus 40.85bn m3 in 2019, it said in results published on .
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