Neptune Energy's gas focus in its portfolio could be a potential selling point
North Sea independents aim to reap carbon footprint benefits
Two of the basin’s larger producers consider ways to cash in on relatively greener production
Sweden-headquartered Norwegian continental shelf operator Lundin Energy and the UK’s Neptune Energy both found themselves the subjects of takeover rumours in late November. The very low carbon footprint of the former’s oil—due to most of it coming from modern developments powered by renewable electricity from the Norwegian grid—and the gas focus of the latter’s portfolio are seen as key potential selling points. Lundin “has noted recent speculation in the markets”, the firm said after its share price jumped by more than 10pc on 29 November. “The company continuously engages in opportunities that are potentially value-accretive to its shareholders. In that context, the company does at times h
Also in this section
23 May 2025
LNG projects need the certainty of long-term contracts, but Henry-Hub–linked deals put buyers at significant risk
22 May 2025
Industry says compliance is near-impossible and have called for more clarity to prevent cargoes being redirected
22 May 2025
The next energy crisis could come from the severing of the link between oil and gas prices, with potentially severe economic consequences
22 May 2025
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections
