Home
Offshore
North Sea shakeup: TotalEnergies, NEO NEXT merge to form UK’s largest independent operator

North Sea shakeup: TotalEnergies, NEO NEXT merge to form UK’s largest independent operator

by Offshore Reporter | Dec 8, 2025 | Offshore

TotalEnergies will merge its UK Upstream business with NEO NEXT to create NEO NEXT+, a new entity set to become the UK’s largest independent oil and gas producer with more than 250,000 boed in 2026. The deal strengthens North Sea consolidation efforts and reinforces long-term energy security.

← Previous Next →

Latest News

TotalEnergies farms out 40% of OPL257 offshore Nigeria to SAPETRO

Oct 30, 2026

TotalEnergies will sell a 40% stake in OPL257 offshore Nigeria to SAPETRO and plans to appraise...

BW Energy pulls capex guidance as rig loss stalls Gabon drilling

Oct 30, 2026

BW Energy has suspended its 2026 capital expenditure guidance, previously $600 million to $650...

Brazil’s ANP overhauls rules for assigning E&P contracts, scraps partnership review committee

Oct 29, 2026

A new resolution replaces the framework in force for more than five years for farm-outs, operator...

Your Portal to Offshore Decommissioning Insights

North Sea shakeup: TotalEnergies, NEO NEXT merge to form UK’s largest independent operator

Latest News

TotalEnergies farms out 40% of OPL257 offshore Nigeria to SAPETRO

BW Energy pulls capex guidance as rig loss stalls Gabon drilling

Brazil’s ANP overhauls rules for assigning E&P contracts, scraps partnership review committee

Categories

Subscribe to our Newsletter

Thank you for subscribing to us.

About GODA

Quick Links

Subscribe to our Newsletter

Thank you for subscribing to us.