Harbour Energy plc (HBR)

Profile

https://www.harbourenergy.com

Harbour Energy plc is one of the world's largest independent oil and gas companies, specializing in the acquisition, exploration, development, and production of oil and gas reserves across five continents. With operations in 10 countries including Norway, the UK, Germany, Argentina, Mexico, North Africa, and Southeast Asia, it maintains significant production from established regions like the North Sea and emerging opportunities in Latin America. The company employs around 3,400 staff worldwide and guides for global production of 460-475 thousand barrels of oil equivalent per day in 2025, supported by 1.25 billion barrels of proven and probable reserves and 1.91 billion barrels of contingent resources as of 2024. Harbour Energy also holds a leading position in CO2 storage in Europe, leveraging existing infrastructure for carbon capture initiatives aligned with its net zero aspiration by 2050 for operated Scope 1 and 2 emissions. Formed through key mergers including the 2021 combination of Chrysaor and Premier Oil, and the transformative 2024 acquisition of Wintershall Dea's upstream assets, it tripled production and enhanced its reserve base. Harbour Energy plays a critical role in global energy supply while prioritizing safety, sustainability, and stakeholder value creation.