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
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
