February 16, 2018

Welcoming completion of the Neptune, Engie transaction Deirdre Michie, CEO of Oil & Gas UK said:

“Having an enterprising company like Neptune growing with the North Sea at the heart of its business is also good news for the future of the UK oil and gas industry.

“This transaction highlights that the UK oil and gas sector continues to offer smart investors good commercial opportunities on the back of the huge efficiency improvements of recent years.

“Our industry supports hundreds of thousands of jobs, energy security and provides billons of pounds to the UK economy. Its continued success requires investment like this.”

 

ENDS

Notes to Editors

Issued by the Communications Team, Oil & Gas UK. Contact Communications Adviser Natalie Coupar on 01224 577343 / ncoupar@oilandgasuk.co.uk

Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its membership comprises oil and gas producers and contractor companies.