Harbour Energy plc is an independent oil and gas company based in
Edinburgh
Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian on the southern shore of t ...
, Scotland. It is the United Kingdom's largest independent oil and gas business.
[ It is listed on the ]London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...
and is a constituent of the FTSE 250 Index.
History
The company was established by the commodity trader, Noble Group
Noble Resources Trading Holdings Limited (commonly known as Noble resources) is a commodity trader based in Hong Kong. It trades energy products and industrial raw materials. Its predecessor, Noble Group Ltd was embroiled in an accounting fraud ...
, and the private-equity firm, EIG Global Energy Partners, in July 2014.[ The company provided financial backing for Chrysaor Holdings to acquire assets valued at US$3.8bn from ]Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New Yo ...
; the backing led to the company becoming the largest shareholder in Chrysaor Holdings.
In June 2020, the company announced the provision of backing to enable Chrysaor Holdings to acquire Premier Oil
Premier is a title for the head of government in central governments, state governments and local governments of some countries. A second in command to a premier is designated as a deputy premier.
A premier will normally be a head of governm ...
.[ The transaction also made Harbour Energy the UK's largest independent oil and gas business.][
In 2023, the Indonesia oil and gas regulator SKK Migas approved the first plan of development for the Tuna offshore gas field, operated by Harbour Energy, with a total estimated investment of $3 billion.]
References
External links
Official site
{{FTSE 250 Index constituents
Oil and gas companies of the United Kingdom
Companies listed on the London Stock Exchange
Companies based in Edinburgh
Companies established in 2014