David Hemmings, vice-president, business development & commercial, at Neptune Energy
Private capital holds the key to the oil and gas kingdom
Equity investors may remain cautious, while funds are evolving in response to a changing market landscape
David Hemmings, vice-president, business development & commercial, at UK independent Neptune, is as good a brain as any to pick about oil and gas financing. Although a chemist and petroleum engineer by education, he spent 18 years in the banking sector with Dresdner, Baml and latterly over a decade at Rothschild before jumping the fence to an operator just over four years ago. So, given his background and his experiences with Neptune, owned by private equity (PE) groups Carlyle and CVC Capital Partners and sovereign wealth fund China Investment Corporation, how does Hemmings see the current oil and gas investment landscape? Petroleum Economist caught up with him to find out. Are there ad
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
