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Search resuls for: "Linda Cook"


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SummarySummary Companies Harbour seeks to diversify following UK windfall taxTalos shares rise 4% after Reuters reportLONDON, June 6 (Reuters) - Britain's largest North Sea oil and gas producer, Harbour Energy (HBR.L), is in talks to merge with Gulf of Mexico peer Talos Energy (TALO.N), four people familiar with the matter said on Tuesday. Listing in New York could offer Harbour access to oil and gas-focused investors and banks, the sources said. Harbour Energy expects to produce up to 200,000 boed in 2022, largely from Britain's North Sea. Talos holds a stake in the Zama oil development offshore Mexico, where Harbour also holds a 12.4% interest. Cook said in March that the EPL "disproportionately impacted the UK-focused independent oil and gas companies...
Persons: Linda Cook, Cook, Ron Bousso, David French, Greg Roumeliotis, David Gregorio, Lisa Shumaker Organizations: Reuters, LONDON, Harbour Energy, Talos Energy, ARM, European Union, Brexit, Oil, EnVen Energy, EIG Global, Thomson Locations: Gulf, Mexico, New York, Britain, Houston, Gulf of Mexico,
SummarySummary Companies Shell, Harbour Energy held talks late last yearTalks included Norway, Italy and some UK assetsShell shifting focus to low-carbon, renewablesLONDON, Jan 10 (Reuters) - Shell (SHEL.L) held talks with Harbour Energy (HBR.L) to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. Shell and Harbour Energy declined to comment. Shell and ConocoPhillips (COP.N) are the last two oil majors to operate offshore fields in Norway, while TotalEnergies (TTEF.PA) only retains stakes in non-operated fields. Negotiations with Harbour Energy included Shell's assets in Norway and its small-scale operations in Italy and several ageing assets in the British North Sea, the sources said. Beyond oil and gas, Shell is involved in several major renewables and low-carbon projects in Norway including in offshore wind blocks, a biofuels plant and the Northern Lights carbon storage and use project.
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