Case Study – Neptune Energy

Neptune Energy is an international independent oil and gas exploration and production company with a regional focus on the North Sea, North Africa and South-east Asia. Neptune Energy has made a commitment to use new technologies and innovations to produce hydrocarbons in a safe and sustainable way. This commitment is evident on Gjøa, the company’s semi-submersible oil and gas production unit located 60 kilometres off the coast of Norway. Since production began in 2010, the Neptune Energy operated Gjøa platform has had outstanding results both on production as well as on operational performance. The platform runs with a production regularity above 98%, and due to good reservoir management is set to produce 60 million barrels of oil equivalents more than estimated at the start of production. Yet, it still has capacity to handle extra resources.

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