TotalEnergies Merges with NEO NEXT Energy
Update: 2025-12-08
Description
TotalEnergies and NEO NEXT Energy Limited merge to form the UKs largest independent oil and gas producer, NEO NEXT+. TotalEnergies becomes leading shareholder with 47.5% stake. Combined entity controls key North Sea fields, aiming for 250k barrels/day output by 2026. Pouyanné highlights commitment to UK sector and low-cost, low-emission operations. Merger reflects industry trend towards asset concentration.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
