Finance

Neptune Energy battens down hatches to prepare for 'lower for longer' market

Private equity-backed operator eyes spending cuts of up to $400 million in response to fall in commodity prices and Covid-19 crisis

Leaders: Neptune chief executive Jim House and executive chairman Sam Laidlaw
Leaders: Neptune chief executive Jim House and executive chairman Sam LaidlawPhoto: NEPTUNE ENERGY
  • Rob Watts
London
Neptune EnergyJim HouseSam LaidlawCarlyle GroupVNG
Published 31 March 2020, 09:00Updated 1 April 2020, 10:48