Who we are
Although Neptune is still a young company, we have the scale, geographic diversity and asset base to realise our international growth ambitions. Our strategy combines organic growth with value-accretive acquisitions.
Neptune is an international independent oil and gas exploration and production company, with a regional focus on the North Sea, North Africa and Asia Pacific.
In the North Sea, our core region, we have a strong operating platform. With our Gjøa and Cygnus assets driving our success, there is great potential for enhanced future value. Germany provides a leading onshore position and access to material upside. Meanwhile, in North Africa, a key supplier of European markets, there is the prospect of considerable volume growth. Our presence in the Asia-Pacific region is fuelled by fast-growing gas demand in a well-established E&P business environment.
Our Executive Chairman and founder Sam Laidlaw set up Neptune Energy with private equity investors in 2015 to invest in large oil and gas portfolios.
The acquisition of ENGIE E&P International (EPI) in February 2018 marked a new beginning for the Company. This transformative transaction made us one of Europe’s largest international independent E&P companies. At the same time, China Investment Corporation (CIC) became our largest single shareholder.
In May 2018, our first-ever bond issue, a seven-year £550 million facility, extended our capital resources. In August, the acquisition of major exploration assets in the CNS sector strengthened our UK portfolio. In September, we acquired VNG Norge to consolidate our status as a top-five independent producer on the Norwegian continental shelf.