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Pin to quick picksHarbour Energy Share News (HBR)

Share Price Information for Harbour Energy (HBR)

London Stock Exchange
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Share Price: 306.60
Bid: 306.00
Ask: 306.40
Change: 1.70 (0.56%)
Spread: 0.40 (0.131%)
Open: 303.50
High: 307.80
Low: 298.00
Prev. Close: 304.90
HBR Live PriceLast checked at -

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Harbour Energy submits plans for Zama field

Fri, 24th Mar 2023 07:46

(Sharecast News) - Harbour Energy has submitted development plans for the Zama field to the Mexican authorities, the oil and gas producer confirmed on Friday.

The FTSE 250 group, the largest producer in the North Sea, said it had submitted the unit development plan to the National Commission of Hydrocarbons with its partners in the project: state-owned Petroleos Mexicanos, German oil and gas firm Wintershall Dea and New York-listed Talos Energy.

The plan details two offshore shallow water platforms and 46 production and water injection wells, with oil and gas transported via pipeline to new facilities at the Terminal Maritima Dos Bocas.

Engineering and planning work will continue ahead of the UDP receiving approval from the NCH.

Stuart Wheaton, executive vice president of Harbour Energy's international business, said: "This marks an important milestone towards delivering safe and efficient first oil from the Zama field, which once onstream will contribute significantly to both Harbour's production and Mexico's domestic energy supply."

Harbour said that the project would minimise greenhouse gases "by using best available technology".

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