Neptune Energy today welcomed the successful start-up of the Seagull field in the UK North Sea, announced today by BP, here.

The Seagull project was developed by Neptune in partnership with BP and JAPEX and is tied back to the BP-operated central processing facility of the Eastern Tough Area Project in the Central North Sea.

Neptune’s UK Country Director, Alan Muirhead, said: “As the operator of the project, Seagull is an excellent example of what can be achieved through close collaboration.

“From the beginning, the partners have taken an innovative approach to ensure we can collectively maximise the recovery of domestic energy resources while extending the life of existing subsea infrastructure to reduce development costs.”

About Neptune Energy Group

Neptune Energy is an independent global E&P company with operations across Europe, North Africa and Asia Pacific. The business had production of 135,000 net barrels of oil equivalent per day in 2022 and 2P reserves at 31st December 2022 of 552 million barrels of oil equivalent. Neptune aims to store more carbon than is emitted from its operations and the use of its sold products by 2030. The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners.