Harbour talks up acquisition options
The UK-listed independent hails a “pretty good” M&A landscape
UK independent Harbour Energy may be set to get its chequebook out again as it continues to make progress on integration following the completion of predecessor firm Chrysaor’s reverse takeover of Premier Oil. But it remains to be seen where exactly any corporate activity will be focused. The firm’s strategy to invest in non-US assets that already deliver cashflow “remain[s] the same and is just as relevant, if not relevant” than when Harbour’s backers first invested, says the firm’s CEO Linda Cook. And she sees three types of potential sellers who might be interested in dealing with Harbour. “We have the majors looking to divest assets for strategic reasons,” says Cook. “Oil and gas prices

Also in this section
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.