with the combined group forming a new entity named NEO NEXT Energy. The merger positions NEO NEXT as one of the largest independent producers in the North Sea. NEO NEXT will be jointly owned by ...

'This combination will create a jointly governed business which will call upon the key strengths of both shareholders', Francisco Gea, CEO of Repsol E&P, said. Image by vectortatu via iStock In a ...

The new company, called NEO NEXT, will be 45%-owned by Repsol and 55%-owned by NEO Energy. It is aiming for financial benefits from the merger of more than $1 billion, improving cash generation ...