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NEO Energy has announced a strategic merger with Repsol Resources UK, with the combined group forming a new entity named NEO NEXT Energy. The merger positions NEO NEXT as one of the largest ...
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 ...
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.
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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 ...