United Kingdom, Dec. 8 -- NEO NEXT Energy, HitecVision and Repsol's joint venture, today announces a strategic deal with TotalEnergies' to merge their UK offshore oil & gas production businesses. The transaction Will cement NEO NEXT's position as the leading operator and producer in the UK Continental Shelf (UKCS) with an expected 2026 production of over 250,000 barrels of oil equivalent per day. Upon completion, the combined company will be known as NEO NEXT+.The addition of TotalEnergies UK's operated high quality producing assets will strengthen NEO NEXT's balance sheet, reinforce its operational capabilities and support its development activities, ensuring a long-term sustainable and resilient future for its oil and gas business in the ...