Harbour Energy, a major player in the North Sea oil and gas sector, has recently completed a landmark $11.2 billion acquisition of German oil and gas company Wintershall DEA. This strategic move significantly enhances Harbour Energy's portfolio, adding extensive upstream assets in Norway, Germany, Denmark, Argentina, Mexico, Egypt, and Libya, while notably excluding Wintershall DEA’s Russian assets.
This acquisition is particularly relevant as it includes all Norwegian assets of Wintershall DEA, all reported by Mikon.
The deal transforms Harbour Energy into one of the world's largest and most geographically diverse independent oil and gas firms. It more than doubles its production capacity to over 500,000 barrels of oil equivalent per day and increases the gas weighting of its production portfolio to over 60%. Additionally, the acquisition is expected to reduce their emissions intensity and improve their environmental impact.
We are delighted to welcome Harbour Energy as a new customer of Mikon, marking a significant milestone in our ongoing commitment to supporting leading energy companies.
