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News and press releases



Moody’s Upgrades Neptune Energy Rating

Neptune Energy announced today that following the conditional acquisition of a portfolio of assets in the North Sea¹ and the launch of a $500 million senior notes offering² announced earlier today, Moody’s has upgraded Neptune Energy’s Bondco plc’s existing $550 million senior notes due 2025 to B1 from B2. S&P has also affirmed its BB- rating.


Neptune Energy Announces launch of $500 million senior notes offering

Neptune Energy Bondco plc (the “Issuer”), a wholly-owned subsidiary of Neptune Energy Group Limited (“Neptune Energy” or the “Company”), announced today that it has launched an offering of senior notes (the “Offering”) in an aggregate principal amount of $500 million (the “Notes”).


Neptune Energy Acquires North Sea Assets From Energean

Neptune Energy today announced it has entered into a conditional Sale and Purchase Agreement with Energean Oil and Gas (“Energean”) to acquire Edison E&P’s UK and Norwegian producing, development and exploration assets for an initial cash consideration of $250 million1. The purchase is contingent on Energean completing its proposed acquisition of Edison E&P.


Neptune Energy Announces New VP of Operations for Europe

Neptune Energy today announced that it has appointed Pete Jones as VP of Operations for Europe. Mr Jones is currently Managing Director of Neptune’s UK business.


Drilling Rig Contract Awarded for Seagull Project

Neptune Energy and its joint venture partners BP and JAPEX today announced Valaris plc has been awarded a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.


Neptune Energy announces first gas export at Touat, Algeria

Neptune Energy and Sonatrach today announced first gas export production from the Touat gas development in Algeria. Touat will deliver around 75,000 barrels of oil equivalent per day at plateau (around 450 million standard cubic feet of gas).


Neptune Energy completes acquisition of interests in German oil and gas fields

Neptune Energy today announced it has completed the acquisition of interests in certain oil and gas fields in Emsland and the Grafschaft Bentheim region in Germany from Wintershall Dea.


Neptune Energy Announces H1 2019 Results

Neptune Energy, the global independent oil and gas exploration and production company, today announces its financial results for the period ended 30 June 2019.


Neptune Energy and partners awarded West Ganal PSC in Indonesia

Neptune Energy and its partners, Eni (Op) and Pertamina, have today been awarded the West Ganal production sharing contract (PSC) in Indonesia, by Indonesia’s Ministry of Energy and Mineral Resources.

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