Alton aims to forge new path in North Sea

摘要

RUSSELL Alton became chief executive of private equity-backed NEO Energy in August and, he says, it was a chance he could not afford to miss. NEO - short for New European Offshore - is one of the most closely watched independents in the UK North Sea. Backed by the deep pockets of HitecVision, NEO has a strong growth agenda, with the Norwegian private equity firm's management hoping to repeat off the UK the success they have achieved off Norway with Vaar Energi, now that country's second-largest producer.