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New partnership agreement between Neptune Energy and WFR Oilfield Services

Schoonebeek, 15 May 2023

Neptune Energy Netherlands B.V. has entered into a multi-year partnership agreement with WFR Oilfield Services B.V. for the provision of Well Testing Services.

The agreement covers a wide range of Well Testing Services. In addition to Surface Well Testing, WFR Oilfield Services will also provide data acquisition services and equipment and personnel for Neptune Energy’s drilling operations. Furthermore, WFR Oilfield Services will support Neptune Energy in the areas of production optimisation, well intervention and abandonment operations. The contract covers Neptune Energy’s offshore operations in the Dutch sector of the North Sea.

WFR’s overall commitment to supporting Neptune’s operations, WFR’s solid procedures and policies, hands-on approach and, above all, the high level of craftsmanship of the WFR crew were key factors in Neptune’s decision to award the contract. In addition, WFR Oilfield Services has an operational base in Den Helder.

Jorg ter Beek, General Manager of WFR Oilfield Services B.V.: “We are proud that Neptune, the largest offshore gas production company in the Dutch North Sea, has chosen to work with us. This partnership will enable us to further expand our Den Helder facility and strengthen our market position in the field of well testing services. With our team of professionals and state-of-the-art equipment, we are committed to making a significant contribution to optimising Neptune’s operations.”

Arjan Vos, Director of Drilling & Wells of Neptune Energy Netherlands: “We are looking forward to working with the experienced people of WFR Oilfield Services. As they have their home base also here in the Dutch North Sea, they know what it takes to optimally perform safe operations, whilst being flexible and adaptable to the local needs and conditions.”

About WFR Oilfield Services B.V.
WFR Oilfield Services B.V. is a full service provider to the Oil & Gas and Petrochemical industries. With an experienced, multi-skilled team and a large fleet of equipment, we are able to meet all our customers’ requirements. Our head office and operational base is located in Schoonebeek, the Netherlands, which is ideally placed to serve our customers, particularly in continental Europe. With our office in Den Helder, the Netherlands, we have a strong focus on the Dutch offshore sector.

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About Neptune Energy
Neptune Energy is an independent global E&P company with operations across Europe, North Africa and Asia Pacific. The business had production of 135,000 net barrels of oil equivalent per day in 2022 and 2P reserves at 31st December 2022 of 552 million barrels of oil equivalent. Neptune aims to store more carbon than is emitted from its operations and the use of its sold products by 2030. The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners.

In the Netherlands, Neptune Energy is the largest gas producer on the Dutch part of the North Sea.

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