HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Mar.2025) — NEO Energy, which operates and holds interests in UK North Sea assets offering organic growth opportunities, including infill drilling and development of discoveries close to existing infrastructure, announced a strategic merger with Repsol Resources UK.
The deal creates a leading independent producer in the North Sea. The combined group will be renamed NEO NEXT Energy Limited and is expected to become one of the largest producers in the region.