 | |
| Company type | Public |
|---|---|
| Industry | Oil |
| Founded | 2014 |
| Headquarters | Edinburgh, Scotland, UK |
Key people |
|
| Revenue |  $3,715 million (2023) [3] |
| $913 million (2023) [3] | |
 $32 million (2023) [3] | |
Number of employees | 1,800 (2024) [4] |
| Website | www |
Harbour Energy plc is an oil and gas company based in Edinburgh, Scotland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
The company was established by the commodity trader, Noble Group, and the private-equity firm, EIG Global Energy Partners, in July 2014. [5] The initial funding was US$150 million from Noble Group and $50 million from EIG Global Energy Partners. [5] The company provided financial backing for Chrysaor Holdings to acquire assets valued at US$3.8bn from Royal Dutch Shell; the backing led to the company becoming the largest shareholder in Chrysaor Holdings. [6]
In June 2020, the company announced the provision of backing to enable Chrysaor Holdings to acquire Premier Oil. [7] In March 2021 the company merged Chrysaor Holdings and Premier Oil and absorbed both into Harbour Energy. [8] It was announced that the merged business would be managed by Linda Cook, who had been CEO of Harbour Energy since it was established. [7] The transaction also made Harbour Energy the UK's largest independent oil and gas business. [8]
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. [9]
The Viking CCS project, spearheaded by Harbour Energy in partnership with BP (which holds a 40% stake), represents a significant effort to combat climate change. This initiative focuses on capturing and storing carbon dioxide emissions from key industrial sources in the North Sea's depleted gas fields. Integral to the UK's strategy to decarbonize its industrial sectors, the project aims to store 20 to 30 million tonnes of CO2 annually by 2030. The process involves collecting, liquefying, and transporting CO2 from major emission sources, including the VPI power station and the Phillips 66 Humber Refinery. Scheduled to commence operations by 2028, the project is anticipated to significantly contribute to the local economy by creating employment opportunities and enabling industries in the Humber region to meet stringent net-zero targets. It has garnered strong bipartisan political support and substantial investments from both public and private sectors. [10]
Saudi Aramco, officially the Saudi Arabian Oil Group or simply Aramco, is a state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. As of 2022, it is the second-largest company in the world by revenue and is headquartered in Dhahran. It has repeatedly achieved the largest annual profits in global corporate history. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than 270 billion barrels, and largest daily oil production of all oil-producing companies.
Aker Solutions ASA engineers and builds energy infrastructure while providing a range of products and consultancy services to low-carbon and renewable energy projects. Based in Oslo, the company's offerings to the energy industry include the systems and services required to de-carbonize oil and gas production, build wind-to-grid infrastructure and engineer CO2 capture and sequestration.
Linda Zarda Cook is an American businesswoman serving as CEO of Harbour Energy since 2014. She was previously CEO of Shell Gas & Power, part of Royal Dutch Shell, in the Netherlands until 2009. Cook was named the 44th most powerful woman in the world by Forbes magazine in September 2007.
Centrica plc is a British multinational energy and services company with its headquarters in Windsor, Berkshire. Its principal activity is the supply of electricity and gas to consumers in the United Kingdom and Ireland.
RWE AG is a German multinational energy company headquartered in Essen. It generates and trades electricity in the Asia-Pacific region, Europe and the United States.
Premier Oil plc was an independent UK oil company with gas and oil interests in the United Kingdom, Asia, Africa and Mexico. It was devoted entirely to the 'upstream' sector of the industry — the exploitation of oil and gas — as opposed to the 'downstream' refining and retail sector. It was listed on the London Stock Exchange until it was acquired by Chrysaor Holdings and then merged into Harbour Energy in March 2021.
The Abu Dhabi National Oil Company, known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE).
Greenhouse gas (GHG) emissions from human activities intensify the greenhouse effect. This contributes to climate change. Carbon dioxide, from burning fossil fuels such as coal, oil, and natural gas, is one of the most important factors in causing climate change. The largest emitters are China followed by the United States. The United States has higher emissions per capita. The main producers fueling the emissions globally are large oil and gas companies. Emissions from human activities have increased atmospheric carbon dioxide by about 50% over pre-industrial levels. The growing levels of emissions have varied, but have been consistent among all greenhouse gases. Emissions in the 2010s averaged 56 billion tons a year, higher than any decade before. Total cumulative emissions from 1870 to 2017 were 425±20 GtC from fossil fuels and industry, and 180±60 GtC from land use change. Land-use change, such as deforestation, caused about 31% of cumulative emissions over 1870–2017, coal 32%, oil 25%, and gas 10%.
This is a list of oil and gas fields operated by BP.
Norway is a large energy producer, and one of the world's largest exporters of oil. Most of the electricity in the country is produced by hydroelectricity. Norway is one of the leading countries in the electrification of its transport sector, with the largest fleet of electric vehicles per capita in the world.
Equinor ASA is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. As of 2021, the company has 21,126 employees.
Energy in Finland describes energy and electricity production, consumption and import in Finland. Energy policy of Finland describes the politics of Finland related to energy. Electricity sector in Finland is the main article regarding electricity in Finland.
Theddlethorpe Gas Terminal (TGT) is a former gas terminal on the Lincolnshire coast on Mablethorpe Road at Theddlethorpe St Helen close to Mablethorpe in East Lindsey in England. It is just off the A1031 and next door to a holiday camp and Mablethorpe Seal Sanctuary and Wildlife Centre.
Energy in Switzerland is transitioning towards sustainability, targeting net zero emissions by 2050 and a 50% reduction in greenhouse gas emissions by 2030.
Shell plc is a British multinational oil and gas company headquartered in London. 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 York Stock Exchange. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue, and among the world's largest companies out of any industry. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015.
In 2021, net greenhouse gas (GHG) emissions in the United Kingdom (UK) were 427 million tonnes (Mt) carbon dioxide equivalent, 80% of which was carbon dioxide itself. Emissions increased by 5% in 2021 with the easing of COVID-19 restrictions, primarily due to the extra road transport. The UK has over time emitted about 3% of the world total human caused CO2, with a current rate under 1%, although the population is less than 1%.
Diversified Energy Company plc, formerly Diversified Gas & Oil plc, is a gas and oil production company operating in the Appalachian Basin and the Central Region in the United States. It is listed on the London Stock Exchange and the New York Stock Exchange and is a constituent of the FTSE 250 Index.
Carbon storage in the North Sea includes programmes being run by several Northern European countries to capture carbon, and store it under the North Sea in either old oil and gas workings, or within saline aquifers. Whilst there have been some moves to international co-operation, most of the Carbon Capture and Storage (CCS) programmes are governed by the laws of the country that is running them. Because the governments have pledged net zero carbon emissions by 2050, they have to find ways to deal with any remaining CO2 produced, such as by heavy industry. Around 90% of the identified storage geologies for carbon dioxide in Europe are shared between Norway and the United Kingdom; all of the designated sites for storage are located in the North Sea.
The Viking gas field is a group of natural gas and associated condensate fields located under the southern North Sea about 85 miles from the Lincolnshire coast. The field was in production from 1972 to 2018.
The Lincolnshire Offshore Gas Gathering System (LOGGS) was a major natural gas collection, processing and transportation complex in the UK sector of the southern North Sea. It comprised five bridge-linked platforms about 118 km east of the Lincolnshire coast, which operated from 1988 to 2018.
