Harbour Energy Plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Linda Zarda Cook
- Full Time Employees
- 2,846
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 151 Buckingham Palace Road London GL United Kingdom SW1W 9SZ
- IPO Date
- Apr 26, 2010
- Website
- harbourenergy.com
- Similar Companies
- Business
- Harbour Energy plc is a leading independent oil and gas exploration and production company operating across 10 countries in Europe, Southeast Asia, Latin America, and North Africa. The company’s core products and services include exploration, development, and production of crude oil and natural gas; oil and gas trading; decommissioning services; and risk mitigation. Harbour Energy holds significant assets in well-established oil and gas producing regions including the UK North Sea, Norwegian Continental Shelf, Indonesia, Vietnam, and Mexico. The company also develops carbon capture and storage (CCS) projects such as the Viking, Greensand Future, and Greenstore projects, aimed at supporting the transition to a lower carbon economy. Founded in 2002 and headquartered in London, UK, Harbour Energy has grown through strategic acquisitions and partnerships, most notably the 2024 acquisition of Wintershall Dea. This transaction significantly expanded Harbour’s geographic diversification, reserve base, and resource portfolio, tripling its 2C contingent resources to 1.91 billion barrels of oil equivalent. The acquisition also enhanced its CCS portfolio with additional CO2 storage licenses across Denmark, Norway, and the UK. Harbour Energy completed a final investment decision for the Greensand Future CCS project in Denmark in 2024 with first injection targeted for 2026 and continues to integrate newly acquired business units. The company targets industrial and energy market customers with its oil and gas production and innovative CCS offerings. Harbour aims to reduce its carbon footprint, targeting net zero gross operated Scope 1 and 2 emissions by 2050 and a 50% reduction in CO2 emissions by 2030 compared to 2018. It generated approximately $6.3 billion in economic value in 2024 and guides global production of about 460,000 to 475,000 barrels of oil equivalent per day for 2025. Harbour Energy maintains disciplined capital allocation and pursues merger and acquisition activity as a core strategic element to support long-term growth and reserve replacement. The company employs around 3,400 staff worldwide and operates through multiple business segments dedicated to upstream oil and gas and carbon capture technologies. Harbour Energy’s strategy leverages a high-quality asset portfolio, financial strength, and operational expertise to deliver sustainable shareholder value while expanding its footprint in energy transition technologies and conventional hydrocarbon production.
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