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Norwegian oil company Neo Energy has announced a significant slowdown in investment across its portfolio, including the Buchan Horst oilfield in the North Sea. The project's joint venture partners are Serica Energy and Jersey Oil & Gas, owning 30% and 20% respectively.
1 minute
Russell Alton, the current finance chief of Norwegian energy firm Equinor, has been appointed as the new chief executive of Aberdeen-based Neo Energy. Mr Alton will take up his new role at the end of August.
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