NEO Energy is an independent full-cycle energy business in the UK Continental Shelf (UKCS). We combine value creation from the prospective North Sea basin with our commitment to be a responsible and efficient business. We operate a high-quality asset base with significant scope to grow production organically by extending asset life.
Operations
Our assets are predominantly long-life fields with high-value barrels and low lifting costs. These include interests in the Alba, Babbage, Boa, Hudson and Western Isles fields
Vision...
producer
in the UKCS
boepd by 2023 and
stable production of 80,000–120,000 boepd in the long term
We’re breathing new life into the UKCS and creating value through an innovative and flexible operating model, underpinned by a prudent financial strategy.
Our strategy… to achieve our ambitious growth target through:
Excel
Operational Excellence
Optimise
Organic growth
Grow
Growth by acquisition
Responsibility
We’re a next generation UKCS operator focussed on revitalising the region through an industry-leading approach with respect to environmental, social and governance policy.