Harbour is well positioned for value creation, growth and shareholder returns.

  • a FTSE250 global independent oil and gas company
  • holds a leading position in the UK as well as interests in Indonesia, Vietnam, Mexico and Norway
  • c.1,700 employees worldwide
  • global production >200 kboepd
  • balance between oil and gas
  • low-cost operator (c.$13.7/boe operating cost 2022)
  • high margin barrels

Safety is our top priority:

  • no significant injuries or spills in 2022
  • improved safety performance
  • Summer shutdowns completed safely and on schedule
  • special focus on process safety and high potential incidents

We delivered c.15% of the UK's domestic oil and gas production in 2022, supporting energy security at a critical time:

  • production of 208 kboepd, over 90% from the UK
  • 50% liquids versus 50% gas, with significant UK exposure
  • significant asset diversification with robust margins
  • high return, lower risk infrastructure-led investment opportunities to maintain near-term production levels
  • a diversified UK portfolio with a balance of oil vs gas
  • 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
  • our intention is to establish a material production base in at last one region outside the UK

Taking action to achieve our Net Zero goal by 2035:

  • scope 1 and 2 emissions intensity materially improved in 2022
  • progressing a wide range of activities to reduce emissions further
  • on track to meet UK government's sector emission reduction targets (first goal is 10% reduction by 2025 versus 2018)
  • investing in technology, including carbon capture and storage (CCS), to support the UK's emissions targets