Neptune Energy is an independent global E&P company founded by Sam Laidlaw. The Company is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners. Neptune Energy employs 1,800 people working across exploration, appraisal, development and production and is active across the North Sea, North Africa and Asia Pacific.

Brief

Neptune Energy initially occupied a small 5-7 person serviced office in London’s West End and prior to its transformational acquisition of ENGIE’s E&P business (in February 2018), tasked MWRE with finding and negotiating the acquisition of a new London office into which the newly enlarged business could co-locate.

Result

Working to a tight timetable, in a market where the limited supply pipeline was driving occupiers (particularly in the West End) to activate searches well in advance of lease events, MWRE evaluated over 50 property options across various London office sub-markets in order to reach a shortlist of potential building options.

A number of buildings were selected space planning/technical evaluation and detailed financial review before MWRE successfully completed negotiations to acquire 11,000 sq ft Grade A offices for Neptune Energy at Nova North, Victoria, SW1.