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NEO Energy

Sep 7, 2021

NEO was founded in July 2019 as an independent full-cycle energy business in the UKCS. We’re backed by HitecVision, a leading private equity investor focused on Europe’s offshore energy industry.

In October 2019 HitecVision integrated its other North Sea firm, Verus Petroleum into NEO; a significant step towards NEO becoming a leading UKCS independent. Verus Petroleum was a successful company in itself that had built a strong portfolio from 2014 onwards, and through this portfolio, NEO acquired historic operating experience.

In 2020 NEO completed the acquisition from Total of a portfolio of operated and non-operated assets in the UK North Sea. This created a solid platform for growth and secured our position as one of the top 10 independent producers in the region.

NEO Energy's Involvement with the Council

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Come and meet NEO Energy at World Energy Capital Assembly

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