OPINION: Neo's $1bn deal for ExxonMobil assets buoys UK's North Sea sector

Private equity backed player snaps up US giant's non-operated interests in latest high-profile deal in the ageing basin

New partner: Neo Energy now has an interest in the Shell-operated Gannet field in the UK North Sea — New partner: Neo Energy now has an interest in the Shell-operated Gannet field in the UK North SeaPhoto: SHELL

Rob Watts

London

NEO Energy HitecVision North Sea ExxonMobil UK

Published 25 February 2021, 06:34Updated 25 February 2021, 06:34