NEO Energy

NEO Energy is an E&P company in the UKCS.

More Info on NEO Energy

NEO was founded in July 2019 as an independent full-cycle energy business in the UKCS. It is backed by HitecVision, a provider of institutional capital to Europe’s energy industry.

Articles

Courtesy TotalEnergies
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NEO Energy Production UK must pay a fine of £100,000 ($124,643) after having been found to breach a combined vent consent for three producing fields in the UK central North Sea...
April 18, 2024
Courtesy Jersey Oil & Gas' The Greater Buchan Area Development March 2021 presentation
Greater Buchan Area
NEO Energy has agreed to take a 50% operating interest from Jersey Oil & Gas (JOG) in the Greater Buchan Area (GBA) licenses in the UK central North Sea.
April 6, 2023
(Courtesy NEO Energy)
The Balloch field is tied back to the FPSO Global Producer III via subsea manifolds.
NEO Energy has extended Petrofac’s UK North Sea well management and well operator services contract by five years.
Jan. 25, 2022
(Courtesy NEO Energy)
The Britannia platform.
NEO Energy has completed its acquisition of UK E&P independent Zennor Petroleum.
July 13, 2021
(Courtesy Zennor Petroleum)
The Finlaggan field development is a subsea tieback to the Britannia platform.
NEO Energy will acquire UK North Sea independent Zennor Petroleum for up to $625 million, subject to regulatory approvals.
March 9, 2021
(Courtesy NEO Energy)
The Shearwater complex.
ExxonMobil has agreed to sell the majority of its non-operated upstream interests in the UK central and northern North Sea to NEO Energy.
Feb. 24, 2021
(Map courtesy Total)
Uk Assets Total
NEO Energy has completed its acquisition of various operated/non-operated interests in the UK North Sea from Total.
Aug. 3, 2020
(Courtesy Petrofac)
Petrofac Well Engineering 900x450
Emerging North Sea operator NEO Energy has awarded a two-year contract to Petrofac’s Engineering and Production Services business.
July 29, 2020
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HitecVision and NEO Energy have agreed with Total to revise terms of a transaction first announced last July.
May 20, 2020
(Courtesy ODE)
Babbage, onstream since 2010, produces through a not permanently-attended installation 55 mi (88 km) offshore eastern England.
NEO Energy has named ODE Asset Management installation (duty holder) and pipeline operator for the Babbage gas field in the UK southern North Sea.
May 18, 2020

News

ID 120598690 © Artur Szczybylo | Dreamstime.com
merger
NEO Energy and Repsol Resources UK have agreed to merge, forming one of the UK North Sea’s largest independent oil and gas producers.
March 27, 2025
Courtesy Dana Petroleum
Western Isles FPSO
Dana Petroleum has terminated an agreement with NEO Energy concerning the proposed acquisition of the Western Isles FPSO for NEO’s Buchan Horst development.
March 7, 2025
Courtesy Dana Petroleum
The Buchan field redevelopment involves installation of new subsea infrastructure tied back to the redeployed Dana-operated Western Isles FPSO vessel. First production is scheduled for fourth-quarter 2026.
NEO Energy, operator of the Buchan Horst license in the UK central North Sea, expects first oil from its Buchan Area redevelopment to be further delayed following a recent Supreme...
Sept. 3, 2024