EnQuest plc has completed its acquisition of Harbour Energy’s 53.125% equity interest in, and operatorship of, the Chim Sáo and Dua production fields in Vietnam. PRODUCTION The headline value for the assets in Block 12W is $85.1 million with EnQuest paying around $25.7m, net of interim period cash flows since the deal’s effective date of […]
Tag: Harbour Energy plc
Harbour NED Simon Henry steps down
Harbour Energy plc non-executive director Simon Henry has resigned with immediate effect to pursue other opportunities. Mr Henry was appointed to Harbour’s board in 2021 and was the senior independent director of the company. He served on the company’s audit and risk and health, safety, environment and social committees. NED and chairman of the […]
Harbour independent NED buys 20,000 shares
Harbour Energy plc independent non-executive director Belgacem Chariag has bought 20,000 ordinary shares of 0.002 pence each in the company at an average price of 178.255 pence per ordinary share. Following the purchase on 12 May, Mr Chariag holds a direct interest in 20,000 ordinary shares, representing 0.001% of Harbour’s issued ordinary share capital. Harbour’s […]
Harbour grants 3.7m share awards to executives
Harbour Energy plc has granted an aggregate 3,718,143 share awards to executive directors under the company’s shareholder-approved 2025 long term incentive plan. BUSINESS On 9 May, chief executive Linda Z Cook received a total of 1,454,789 contingent share awards equal to 300% of her salary. Chief financial officer Alexander Krane received 746,045 share awards (240%). […]
Harbour to cut 250 jobs in Aberdeen
Harbour Energy plc plans to cut 250 jobs at Aberdeen, equivalent to a quarter, because of a fall in investment in the oil and gas industry as a result of the government policies. CHALLENGES In a statement today managing director of the company’s UK business Scott Barr said: “Harbour is launching a review of its […]
Harbour takes FID on Argentina LNG export
Harbour Energy plc and its partners have taken the final investment decision for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina. CAPEX The company produces in the offshore Cuenca Marina Austral (CMA-1) concession in the Tierra del Fuego province, and the onshore Aguada Pichana Este and San Roque concessions in the […]