NEO Energy has announced a strategic merger with Repsol Resources UK, with the combined group forming a new entity named NEO ...

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 ...

Repsol UK and NEO Energy merge to form NEO NEXT Energy, co-owned 55%-45%. New entity to produce ~130,000 boe/d in 2025, targeting $1B+ in synergies. Markets are ...

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.

MADRID (Reuters) -Spanish oil company Repsol and private equity-backed NEO Energy have agreed to merge their UK North Sea oil ...