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Neptune Energy

Profile

NEPTUNE ENERGY AN INTERNATIONAL INDEPENDENT OIL / GAS COMPANY, active in Europe, North-Africa, Asia

Portfolio includes Gjøa & Fenja in Norway, Cygnus & Seagull in UK, a participation in Njord and Snøhvit / Hammerfest (Gas/ LNG), Norway. Further assets: Touat gas Algeria, Bonaparte Australia, a participation in Jangkrik Indonesia (Gas to LNG).

In Netherlands Neptune plans an offshore hydrogen pilot (posHydon) and is involved in CCS.

The business had production of 144 kboepd with 72% gas during 2019 and 2p reserves end 2019 of 633-mmboe. Target production in mid-term is 200,000 boepd and CO2 target 6 kg/boe in 2030.

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