December 24, 2025–Written by Martin Lynch for IIR News (Galway, Ireland, Texas)–French energy major TotalEnergies SE (Courbevoie, France) has agreed to merge its U.K. North Sea upstream business with Neo Next Energy (Aberdeen, Scotland). The expanded company, Neo Next+, will, according to the partners, be the largest independent oil and gas producer in the U.K. with a production of more than 250,000 barrels of oil equivalent (BOE/d) per day in 2026.
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