Harbour Energy was founded by private equity firm EIG Global Energy Partners in 2014 with a strategy to acquire conventional, cash generative, producing assets outside of North America.  In 2017, Harbour made its first acquisition backing Chrysaor Holdings Limited to acquire a package of UK North Sea assets from Shell for $3.0 billion and, in 2019, acquired ConocoPhillips UK North Sea for $2.7 billion. In 2021, through a reverse takeover, Chrysaor merged with Premier Oil plc to create Harbour Energy plc.

  • the safety of our people and our operations is our priority

  • we have a rigorous health and safety process in place across our operations

  • our safety performance is measured and integrated in our goals

  • we have a track record of integrating assets and companies safely

  • 1,500 employees worldwide

  • global production c.200 kboepd

  • balance between oil and gas

  • large reserves and resource base of 1.7 bn boe (2P and 2C)

  • low-cost operator (c.$15/boe)

  • diversified production base across UK, Vietnam and Indonesia

  • high margin barrels

  • operator of five key UK hubs

  • each with significant upside through near-field tie-backs

  • material high-quality, long-life non-operated positions

  • strong cash flows for portfolio reinvestment and returns

  • significant investor in UK supply chain and UK jobs

  • track record of safe and reliable operations

  • 90% of the Group's production is from the UK

  • 93% of our reserves are in the UK

  • strong balance sheet

  • low cost of debt with no near-term debt maturities

  • financial flexibility to fund further growth and shareholder returns

  • strong operating leverage to commodity prices

  • ability to pursue a fully funded growth strategy

  • broad range of organic growth projects

  • a track record of value creation through mergers and acquisitions

  • a growing set of international opportunities

  • ability to high grade opportunities drives higher returns

At Harbour Energy, we are taking significant steps within our operations and wider business to reduce our emissions and align to Government targets of Net Zero carbon.

  • committed to Net Zero for Scope 1 and 2 emissions by 2035

  • progress against our target is measured on our corporate scorecard and impacts bonuses for management and all staff; our cost of borrowing is also tied to our emissions

  • measure, manage and minimise emissions and deploy initiatives such as brown field modifications, enhanced plant efficiency and minimising all venting and flaring

  • seek to offset an increasing proportion of residual emissions through offsetting

  • participate in initiatives to explore the opportunity for CO2 capture and storage. Today these include:

    • Acorn carbon capture and storage and hydrogen project, St Fergus

    • V Net Zero, Humberside, carbon capture infrastructure using Harbour Energy assets

    • We also regularly engage with stakeholders and partners, including through UK Government consultations, on the future of the North Sea and the Energy Transition