‘Bloated’ Harbour Energy job cuts: Could other North Sea firms follow suit?
Harbour Energy (LON: HBR) is "bloated" staff-wise, say analysts, and this week the firm said it would slash jobs in Aberdeen due to the UK Government windfall tax.
Premier Oil
Harbour Energy opens FEED and FPSO tender for Tuna in Indonesia
Harbour Energy (LON:HBR) is seeking a floating production storage and offloading (FPSO) unit for its Tuna oil and gas development offshore Indonesia in the Natuna Sea.
Initial success for Harbour Energy at play-opening deepwater exploration well in Indonesia
UK-listed Harbour Energy (LON:HBR) has announced initial success at its play-opening deepwater Timpan-1 exploration well offshore Indonesia in the North Sumatra basin. Significantly, the initial result bodes well for the frontier area and could open up more petroleum plays, which are thought to be gas prone.
Former Premier Oil UK boss Robin Allan joins Hurricane Energy
Robin Allan, the former UK North Sea boss at Premier Oil, has joined the board of West of Shetland operator Hurricane Energy (LON: HUR).
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.
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.
China still meddling at Harbour’s Tuna Block offshore Indonesia
Chinese law enforcement vessels remain active at Harbour Energy’s (LON:HBR) Tuna Block in the Natuna Sea within Indonesia’s exclusive economic zone (EEZ), according to the latest analysis by Asia Maritime Transparency Initiative (AMTI). Their presence underscores Beijing’s assertion that it has territorial rights in this area of the South China Sea.
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.
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.
Repsol and Harbour Energy score driller for exciting deep-water campaign in Indonesia
UK-based Aquadrill – formerly Seadrill Partners – reported that its Capella drillship will head to Indonesia’s Andaman area to carry out a deep-water drilling programme for Harbour Energy (LON:HBR) and Repsol (BME:REP).
Jakarta beefs up defences in Natuna Sea after China meddles in Harbour Energy block
Jakarta is preparing to bolster its maritime security defences in the Natuna Sea, which is rich in fisheries and natural gas, after increasing incursions by Chinese vessels within Indonesia’s exclusive economic zone (EEZ). The news should provide some comfort to upstream oil and gas investors operating in the Natuna Sea.
Harbour Energy finishes first appraisal well on Tuna Block despite Chinese meddling
Harbour Energy (LON:HBR) and its partner Zarubezhneft have successfully completed their first appraisal well in the Tuna Block in the Natuna Sea offshore Indonesia despite reports that Chinese vessels had been meddling in the area.
Harbour Energy back in black, aims to reverse production drop
Harbour Energy has returned to profits and is predicting a boost to its North Sea production as drilling campaigns get underway.
Indonesia sends navy to deter Chinese survey ship near Harbour Energy Tuna Block
Indonesia has sent a naval ship to tail a Chinese survey vessel that has been operating close to Harbour Energy’s Tuna Block in the Natuna Sea within Indonesia’s exclusive economic zone (EEZ).
West Capella tipped to drill key well for Repsol in Indonesia’s deep waters
Aquadrill Offshore’s ultra-deep water drill ship West Capella is favoured to win the single-well contract for Repsol’s much-anticipated Rencong-1X wildcat in the North Sumatra basin offshore Indonesia.
Rig sharing pact cuts costs in Indonesia
Medco Energi, which operates South Natuna Sea Block B, will share a jack-up drilling rig with four other operators offshore Indonesia as part of a pact that will save millions of dollars.
Blow for Harbour Energy as Tolmount project hit by delay
Harbour Energy has warned that first gas from the Tolmount field in the UK southern North Sea will be delayed after equipment glitches were uncovered.
Harbour Energy faces Argentina sanctions over Falklands oil project
Harbour Energy is facing sanctions from Argentina over an oil and gas project in contested waters off the Falklands.
Harbour Energy on track for deep-water Indonesia probe
UK-listed Harbour Energy said it is on track to probe the deep waters of Indonesia’s North Sumatra basin in its Andaman II production-sharing contract (PSC).
First gas from Harbour’s Tolmount project in July, shares dip on lower output forecast
Harbour Energy has confirmed that its Tolmount development is on course to start up production at the end of next month.
Zarubezhneft to create new ‘gas cluster’ in Southeast Asia after asset deals
Russian state oil and gas producer Zarubezhneft aims to create a new gas cluster with assets in Vietnam and Indonesia following recent deals involving Premier Oil and Rosneft.
BP nears sale of stake in UK North Sea Shearwater field to Tailwind
BP is in advanced talks to sell its 28% interest in the Shearwater field in the UK North Sea to Tailwind Energy, an explorer backed by trading house Mercuria Energy Group, people familiar with the matter said.
Harbour Energy seeks deep water rig for Indonesia probe
UK-listed Harbour Energy is seeking a deep-water drilling rig as it prepares to probe the deep waters of Indonesia’s North Sumatra basin.
Altera in the black after shaking off impairments
Vessel owner-operator Altera Infrastructure was in the black in the first quarter of 2021 after shaking off impairments that blighted its figures a year ago.
North Sea M&A: Dealing with the ‘what ifs’ key to a smooth transaction
At the start of the new tax year, we explore the financial landscape of the energy sector.