About Premier Oil plc

Harbour Energy is a prominent name in the oil and gas industry, serving as the largest London-listed independent company with significant operations in various regions globally. These include Norway, the UK, Germany, Argentina, Mexico, North Africa, and South East Asia, showcasing its expansive and diversified portfolio.

With a dedicated team of 3,400 employees and direct contract staff, Harbour Energy boasts a substantial production capacity of approximately 475,000 barrels of oil equivalent per day. The company's global pro forma production stands strong, reflecting its commitment to operational excellence and efficiency across all areas of business.

In addition to its impressive production figures, Harbour Energy also holds significant reserves and resources, with proven reserves of around 1.2 billion barrels of oil equivalent (2P reserves) and 1.9 billion barrels of oil equivalent in contingent resources (2C resources). These numbers speak to the company's strong position in the market and its potential for growth and value creation.

The company's dedication to sustainability is evident in its commitment to achieving Net Zero greenhouse gas emissions by 2035, showcasing a forward-thinking approach to environmental responsibility. Furthermore, Harbour Energy's emphasis on diversity, equity, and inclusion underscores its commitment to creating a supportive and inclusive work environment where all employees can thrive based on their skills and expertise, regardless of background.

Harbour Energy's strong focus on safety and ESG (Environmental, Social, and Governance) practices further solidifies its position as a responsible corporate entity dedicated to meeting the world's energy needs while prioritizing safety, efficiency, and stakeholder value.

As a leading player in the industry, Harbour Energy continues to deliver value creation, growth, and shareholder returns, positioning itself as one of the world's most geographically diverse and financially robust independent oil and gas companies. Through its strategic operations, commitment to sustainability, and dedication to employee success and community engagement, Harbour Energy is driving innovation and excellence in the energy sector.

Growth

Harbour Energy is an established enterprise in the oil and gas industry with a global presence across key regions like Norway, the UK, Germany, Argentina, Mexico, North Africa, and South East Asia. The company currently boasts a workforce of 3,400 employees and direct contract staff, indicating a mature operational scale. With significant global proforma production of approximately 475 thousand barrels of oil equivalent per day, combined with substantial 2P reserves and 2C resources of around 1.2 billion barrels of oil equivalent and 1.9 billion barrels of oil equivalent respectively, Harbour Energy has firmly positioned itself as a major player in the sector.

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Achievements

Throughout its history, Harbour Energy has achieved notable milestones such as strategic acquisitions, successful growth initiatives, and a commitment to sustainability. The company's acquisition of Wintershall Dea's upstream assets stands out as a key milestone, expanding its operational footprint and enhancing its portfolio. Harbour Energy's focus on delivering value creation, growth, and shareholder returns has been a consistent achievement, supported by its sustainable practices and dedication to achieving Net Zero greenhouse gas emissions by 2035.

Case Studies

Harbour Energy has been involved in significant projects such as the Viking CCS initiative, aiming to establish the Humber as the UK's first net-zero SuperPlace. By combining industrial-scale green energy generation with innovative CCS infrastructure, the company is contributing to environmental sustainability and paving the way for future industry practices. Harbour Energy's focus on diversity, equity, and inclusion in the workplace showcases a commitment to fostering a supportive and inclusive environment for its employees.

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