NEO Energy


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About NEO Energy

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

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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 & News

Courtesy TotalEnergies
North Sea & Europe

NEO fined for North Sea venting breach

April 18, 2024
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...
Courtesy Jersey Oil & Gas' The Greater Buchan Area Development March 2021 presentation
Greater Buchan Area
North Sea & Europe

NEO strikes deal to take command of North Sea GBA project

April 6, 2023
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.
(Courtesy NEO Energy)
The Balloch field is tied back to the FPSO Global Producer III via subsea manifolds.
North Sea & Europe

NEO extends Petrofac North Sea wells arrangement

Jan. 25, 2022
NEO Energy has extended Petrofac’s UK North Sea well management and well operator services contract by five years.
(Courtesy NEO Energy)
The Britannia platform.
North Sea & Europe

NEO wraps up North Sea acquisition

July 13, 2021
NEO Energy has completed its acquisition of UK E&P independent Zennor Petroleum.
(Courtesy Zennor Petroleum)
The Finlaggan field development is a subsea tieback to the Britannia platform.
North Sea & Europe

NEO on North Sea growth path with Zennor acquisition

March 9, 2021
NEO Energy will acquire UK North Sea independent Zennor Petroleum for up to $625 million, subject to regulatory approvals.
(Courtesy NEO Energy)
The Shearwater complex.
North Sea & Europe

NEO, ExxonMobil strike deal on North Sea transaction

Feb. 24, 2021
ExxonMobil has agreed to sell the majority of its non-operated upstream interests in the UK central and northern North Sea to NEO Energy.
(Map courtesy Total)
Uk Assets Total
North Sea & Europe

NEO takes control of two North Sea field clusters

Aug. 3, 2020
NEO Energy has completed its acquisition of various operated/non-operated interests in the UK North Sea from Total.
(Courtesy Petrofac)
Petrofac Well Engineering 900x450
Production

NEO devolves North Sea wells management to Petrofac

July 29, 2020
Emerging North Sea operator NEO Energy has awarded a two-year contract to Petrofac’s Engineering and Production Services business.
Websiteimage
Regional Reports

NEO, Total modify North Sea transaction terms

May 20, 2020
HitecVision and NEO Energy have agreed with Total to revise terms of a transaction first announced last July.
(Courtesy ODE)
Babbage, onstream since 2010, produces through a not permanently-attended installation 55 mi (88 km) offshore eastern England.
Production

NEO hands ODE dual role at Babbage field in the North Sea

May 18, 2020
NEO Energy has named ODE Asset Management installation (duty holder) and pipeline operator for the Babbage gas field in the UK southern North Sea.