Phil Kirk to step down from UK’s top producer Harbour Energy
Phil Kirk, Europe chief executive of Harbour Energy (LON: HBR), and founder of its predecessor Chrysaor, will step down at the end of this month.
Harbour Energy
Well slot: Two UK exploration wells active in early 2022
Westwood Global Energy reports that as of 24 January there were two exploration wells active in the UK.
‘Lives were endangered’ – Union boss hits out at North Sea safety culture after supply ship crashes into oil rig
A leading union chief says a collision between an oil rig and a supply vessel in the North Sea is the result of “commercial pressure” on safety.
Operators hail ‘new era in collaboration’ following Canadian decom trials
A collaborative model for trialing new technologies has been deemed a success by a trio of major operators, as the sector races to drive down the costs of well decommissioning.
Tenaris invests in UK facility upgrades following record sales
Christopher Langrill, Tenaris Commercial Director in the UK, looks back on 2021 and shares how Tenaris has consolidated its position in the region while looking to advance the energy transition.
‘Marginal accumulations’ for Harbour Energy at hotly tipped Dunnottar prospect
Harbour Energy is to assess the commerciality of the Dunnottar project after “marginal accumulations” were found at the prospect.
UK North Sea operators eye ‘near-record’ profits in 2022
North Sea operators will deliver 'near-record' cash margins in 2022, according to Wood Mackenzie, amid higher oil and gas prices and following 'brutal' cuts of previous downturns.
UK well slot: Five wells completed in 2021
Westwood Global Energy reports that as of 16 December there was one appraisal well and three exploration wells active in the UK. Completions to date in 2021 are two appraisal wells at 22/26d-3 Glengorm South and 30/13e-12, 12Z Talbot and three exploration wells at 22/6c-B4Z Bacchus South, 16/2a-6 Tiger Lily and 22/1b-12, 12Z, 12Y Fotla.
Repsol and Petronas delay Andaman wildcat drilling
Spain’s Repsol (BME:REP) is again delaying the drilling of the much anticipated Rencong-1X deep-water wildcat exploration well in the Andaman III Block in the North Sumatra basin offshore Indonesia.
Harbour eyes first production from Tuna in 2026 offshore Indonesia
Harbour Energy (LON:HBR) is targeting final investment approval to develop its Tuna Block offshore Indonesia in 1H 2023 with first production planned in 2026 following successful appraisal drilling in the Natuna Sea.
Harbour Energy set to drill exciting deep-water Andaman probe
UK-listed Harbour Energy (LON:HBR) said it is on track to probe the deep waters of Indonesia’s North Sumatra basin in its Andaman II production-sharing contract (PSC) with drilling set to start around March-April 2022. Significantly, the company has already identified potential commercialisation paths with first gas eyed by 2026, as well as options for carbon capture and storage (CCS).
Dunnottar exploration prize is ‘a well to watch’ says Harbour Energy boss
The Europe chief executive of Harbour Energy has told investors that the Dunnottar exploration project is a “a well to watch”.
Harbour Energy announces £150m annual dividend, pushes Tolmount start-up
North Sea operator Harbour Energy expects the start-up of its delayed Tolmount project in Q1 2022 and downgrades field reserves, as it lays out plans for a £150million annual dividend policy.
Harbour Energy paves way for Falklands exit
Harbour Energy, Rockhopper Exploration and Navitas Petroleum have signed a heads of terms agreement for the Sea Lion field, paving the way for Harbour’s exit of the Falklands and for Navitas to complete its farm-in.
Harbour moving fast to commercialise Tuna discovery in Indonesia
UK-based Harbour Energy (LON:HBR) is driving forward with plans to commercialise discoveries at its Tuna Block offshore Indonesia following a successful appraisal drilling campaign after good flow rates were recorded.
St Fergus terminal owner joins Acorn CCS project as partner
The owner of the St Fergus Gas Terminal in Aberdeenshire has bought in as a partner in the Acorn CCS project.
Beijing officially told Indonesia to stop Harbour’s drilling in South China Sea
China officially told the Indonesian government to stop appraisal drilling at Harbour Energy’s (LON:HBR) Tuna Block offshore Indonesia in maritime territory that both nations view as their own during a months-long standoff in the South China Sea, reported Reuters.
Neptune Energy owners weigh plans to sell $5billion gas explorer
Owners of Neptune Energy are weighing plans to sell the UK oil and gas explorer, according to people familiar with the matter.
Latecomers: The UK North Sea projects still aiming to start up in 2021
With Covid deferrals in 2020 having hit hard, 2021 was expected to herald the start-up of 10 new oil and gas fields in the UK North Sea.
Harbour strikes gas after successfully wrapping up Tuna drilling amid South China Sea spat
Harbour Energy (LON:HBR) and its Russian partner Zarubezhneft have successfully completed their appraisal drilling campaign at the Tuna Block in the Natuna Sea offshore Indonesia with positive results at both wells.
Harbour’s Sea Lion exit shows E&P will to de-risk, say analysts
Harbour Energy’s intention to offload its stake in the controversial Falklands Islands project shows E&P companies’ increasing wariness of new and remote oil markets, according to GlobalData.
HSE investigating as delayed Tolmount project plagued by oil and gas releases
Investigations are ongoing into a series of oil and gas releases at Harbour Energy’s problem plagued Tolmount project.
Cairn completes £330million sale of Kraken and Catcher stakes to Waldorf
Cairn Energy (LON: CNE) has completed the £334m sale of its interests in the Catcher and Kraken fields in the North Sea to Waldorf Production.
Harbour seeks PSV for Indonesia deep-water campaign
Harbour Energy (LON:HBR) is seeking a platform supply vessel (PSV) to support its Andaman deep-water drilling programme offshore Indonesia.
‘Extremely disappointing’: Scottish Cluster misses out on first round of UK Government’s £1bn CCUS competition
A pioneering north-east carbon capture, utilisation and storage (CCUS) scheme will not form part of the UK Government’s initial vanguard.