• a pure play, upstream, global oil and gas company
  • a constituent of the FTSE 100
  • 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.$15/boe)
  • high margin barrels
  • the safety of our people is our number one priority
  • we will never compromise on health, safety, and environmental standards
  • 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
  • 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
  • our intention is to establish a material production base in at last one region outside the UK

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 our assets

> Industry engagement on the future of the North Sea and the Energy Transition