Neptune Energy gets offshore exploration permit in Dutch North Sea

Oil and gas company Neptune Energy has been awarded an exploration permit for block F5 in the Dutch sector of the North Sea by the country’s Ministry of Economic Affairs & Climate Policy.

Neptune said via social media channels on Wednesday that the block was located 200 kilometers north of Den Helder and 25 kilometers southwest of the Neptune-operated F3-B platform.

Neptune’s managing director for The Netherlands Lex de Groot said: “We are excited about progressing our plans for exploration in this area which underlines Neptune’s commitment to investing in exploration opportunities and growing our portfolio.

“The shallow depth and properties of the targeted Tertiary gas reservoirs provide new opportunities for Neptune and are a different exploration play compared to our existing activities in the Carboniferous, Rotliegend, and Triassic gas fields.”

The block is located near the F3-B platform, which is the main platform for gas and oil production in the northern part of the FLQ cluster. The production platform is bridge-linked to an accommodation platform with space for up to 36 personnel.

A separate, unmanned oil offloading tower is located nearby. The facility is also used to treat, store, and transport third-party produced oil at Ravn in Denmark and A6A in Germany.

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