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Fugro hired for subsea inspection of Neptune s Cygnus field
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Fugro secures subsea inspection contract for Cygnus field in UK
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Neptune Energy signs agreements to progress UK blue hydrogen scheme
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In addition to serving CO
2 emitters in the South Humber area, Neptune has introduced the option to ship CO
2 to several blocks in the Southern North Sea.
It has signed further MoUs with Carbon Collectors, a company specialising in the collection, transport, and storage of CO
2 using marine-based solutions, and with a power generation company that would have its emitted CO
2 stored by Neptune.
CCS start up by mid-decade
Under the working title of “DelpHYnus”, Neptune said its proposed development is well placed to deliver an operational carbon capture and storage (CCS) hub by 2025 for shipped CO
2 and large-scale blue hydrogen generation as early as 2027.
Neptune Energy says projects are progressing well in its Q1 report By Neptune Energy on 5/13/2021
In reporting its first-quarter 2021 results, Neptune Energy said that its production growth momentum in Western European operations is on track for 2021. The firm said that it expects 27,000 boed of production to be added during the year. Neptuneâs acquisition of oil and gas fields in Germany is complete, and this has added 1,800 boed of production. Furthermore, Neptuneâs acquisition of a minority stake in the Pegasus West discovery (operator, Spirit Energy) offshore the UK, announced earlier this week, is addin
g a possible tie-back development to the Neptune-operated Cygnus gas facility.