More Info on NEO NEXT Energy Ltd.
The merger between Repsol Resources UK and NEO Energy was completed July 30, 2025.
The combined group has been renamed NEO NEXT and becomes one of the largest producers on the UK Continental Shelf (UKCS).
The joint venture is owned by Repsol E&P Group (45%) and NEO UK (55%).
Repsol contributes operational capabilities on production, development and decommissioning activities, which will be combined with NEO Energy expertise on financial and commercial matters.