Harbour Energy plc today completed its acquisition of the Wintershall Dea asset portfolio, comprising Wintershall Dea AG’s upstream assets. GLOBAL Harbour now produces 475,000 barrels of oil equivalent per day with “significant” production in Norway, the UK, Argentina, North Africa and Germany. The company said it now had a 2P reserve base of c.1.5 billion […]
Tag: Wintershall Dea
Harbour to acquire Wintershall Dea’s assets
Harbour Energy plc has agreed to acquire Wintershall Dea AG’s upstream assets for $11.2 billion. RESERVES The German company’s portfolio includes its upstream assets in Norway, Germany, Denmark, Argentina, Mexico, Egypt, Libya and Algeria as well as Wintershall’s CO2 capture and storage licences in Europe. The transaction, Harbour’s fourth major acquisition, will add 1.1bn boe of 2P […]
Neptune welcomes opening of upgraded Njord field
Neptune Energy welcomed the official opening of the Njord field, following a major upgrade, in the Norwegian Sea. DEVELOPMENTS The company which holds 22.5% said Njord, operated by Equinor Energy, is expected to produce oil and gas for another 20 years. The Njord Area will provide Neptune with net production of 30,000 barrels of […]
Harbour notes oil discovery offshore Mexico
Harbour Energy plc said that the Kan-1 exploration well had discovered oil in the joint venture (JV) Block 30 in the Sureste Basin, offshore Mexico. KAN-1 The Kan-1 exploration well lies 25km off the Tabasco coast in 50 metres of water. Harbour said that the well was drilled to a total measured depth of 3,317m […]