NEO Energy Upstream UK Ltd. operates oil and gas fields with assets in the United Kingdom and Norway. NEO is an abbreviation for New European Energy.
Spike Exploration acquired Bridge Energy in 2013 with funding from HitecVision and was renamed Versus Petroleum in 2014. Oyster Petroleum was acquired in 2015, and Cieco Exploration & Production was acquired in 2018. NEO Energy was formed by HitecVision in 2019, and Verus was merged into NEO later that year. Russell Alton was hired as CEO in 2020. The company agreed to acquire ExxonMobil's non-operated assets in the North Sea in February 2021 and completed the acquisition of Zennor Petroleum in July 2021.