NEO Energy acquires full equity in the Western Isles FPSO
Published by Jack Roscoe,
Editorial Assistant
Oilfield Technology,
Dana Petroleum and NEO Energy have announced the signing of a sale and purchase agreement under which NEO Energy will acquire Dana’s full equity in the Western Isles FPSO.
NEO Energy intends to redeploy the FPSO at the Buchan field redevelopment. The transaction remains subject to the satisfaction of certain conditions including final investment decision and regulatory approval of the Buchan redevelopment.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/20112023/neo-energy-acquires-full-equity-in-the-western-isles-fpso/
You might also like
OTC GreenLight Becomes the World’s First DNV-Qualified Digital Pressure Testing System
As Offshore Technical Compliance (OTC) continues to expand their footprint in the digital pressure testing field of the Oil and Gas industry, their new and improved GreenLight has achieved a major milestone and sets a new standard for digital pressure testing of well control systems.