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.
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...
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.