Harbour Energy urges Chancellor to revise ‘seriously flawed’ windfall tax ahead of legislation
Harbour Energy (LON: HBR) has issued a letter to Chancellor Rishi Sunak, it has been reported, slamming the “seriously flawed” windfall tax.
Harbour Energy
Harbour Energy launches $200m share buyback scheme following windfall tax hit
Harbour Energy (LON: HBR) has launched a $200m share buyback scheme, a move which could boost investor confidence following a windfall tax hit last month.
AAB: Why hydrogen and why now?
Over a third of the UK’s carbon emissions are generated by the 80 percent of domestic homes currently using natural gas for heating and cooking.
Harbour reaches key milestone on Talbot subsea development
Harbour Energy has submitted an environmental statement for its proposed Talbot subsea development, with a view to reaching first oil in Q3 2024.
Windfall tax tipped to hit Ithaca Energy and Harbour Energy particularly hard
An American credit rating agency has named Ithaca Energy as the operator likely to be hit hardest by the UK Government’s oil and gas windfall tax.
Windfall Tax deals blow to North Sea firms EnQuest, Serica and Harbour Energy
Researchers have set out the near-term impact on North Sea players from the windfall tax, while EnQuest reportedly is looking elsewhere to invest.
CCS offers ‘more bang for buck’ than electrification on net zero, says Harbour CEO
Harbour Energy’s chief executive Linda Cook said carbon capture and storage (CCS) offers greater impact for reaching net zero goals, as the regulator announces plans for its first carbon storage licensing round.
UK’s largest oil and gas producer warns windfall tax means ‘fewer projects will be sanctioned’
Harbour Energy chief executive Linda Cook joined industry heads in calling for a “stable” tax environment, and warned of the potential consequences for future North Sea investment should a windfall levy be imposed.
Harbour, Eni to invest more than £8bn in UK as windfall tax looms
Harbour Energy and Eni are set to invest more than £8 billion in the UK over the next four years, as the sector continues to bat away calls for a windfall tax on energy profits.
North Sea strikes: ‘Wildcat action is in no one’s interest’ says trade body
The industry trade body has hit back at a series of unofficial strikes taking place in the North Sea.
Harbour Energy poised to drill over 20 development and infill wells in 2022
Harbour Energy is pushing ahead with an “active rig programme”, with plans to drill over 20 development and infill wells in 2022.
Orcadian Energy floats North Sea electrification plan to shave £1.6bn off costs
North Sea firm Orcadian Energy has shared its electrification blueprint for axing operational oil and gas emissions by up to 80%.
Ukraine energy leader to address major North Sea conference
A leader from the Ukraine energy sector will deliver an address at a major North Sea industry conference in Aberdeen this month.
Harbour Energy achieves first gas from delayed Tolmount project
Production is underway at Harbour Energy’s Tolmount field, a source close to the company has confirmed.
Navitas farms in to 250 million-barrel Sea Lion project as Harbour Energy exits
Harbour Energy is getting a “clean exit” from the Sea Lion project in the Falklands as Navitas Petroleum farms in.
Harbour Energy CEO and rebranded regulator to headline OEUK conference
The chief executive of Harbour Energy and the head of the recently-rebranded North Sea Transition Authority will headline a major industry conference next month.
Harbour Energy, NEO and Waldorf all ‘likely’ destinations for Cnooc assets
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
Indonesia’s deep-waters attract explorers, including BP and Harbour
Harbour Energy (LON:HBR) is on track to start high impact exploration drilling in its Andaman II PSC offshore Indonesia in the second quarter this year. The news adds to the excitement in Indonesia as other companies, including BP (LON:BP), look set to probe the archipelago’s deep waters, following recent fiscal and regulatory enhancements.
Shell with new plan to get Jackdaw gas field online in 2025
Shell has unveiled new plans in a bid to get its rejected Jackdaw gas field in the North Sea back on track.
Harbour eyes £1.3bn cash boom from oil price hike
Harbour Energy posted pre-tax profits of $315 million (£239m) for full-year 2021, and expects a windfall of up to £1.3bn in free cashflow by the end of the year as higher commodity price prevail.
Boris Johnson hosts oil and gas CEOs on ‘boosting supply’ from North Sea
Boris Johnson has hosted the leaders of the UK oil and gas industry at Downing Street to discuss how to achieve “greater energy independence” for Britain.
Dozens of North Sea helicopter flights grounded as Storm Eunice hits
Dozens of flights going to and from North Sea oil and gas installations have been impacted as Storm Eunice hits the region.
Energy Voice supplement – February 2022
Energy Voice’s latest monthly supplement has been published with The Press & Journal.
‘More energy, less emissions’: TotalEnergies, Harbour and Serica Energy bosses on North Sea future
“More energy and less emissions” is how TotalEnergies’ North Sea boss summarises the company’s strategy for the coming years. And that, broadly speaking, is reflected across the plans of others too.
Exploration continues offshore Indonesia in Natuna Sea despite China protest
Upstream oil and gas exploration activities in the North Natuna Sea will continue despite persistent protests from China, Indonesia’s upstream oil and gas regulator SKK Migas said.