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  2. Share Prices
  3. Harbour Energy Share Price
  4. Harbour Energy Share News
  5. IN BRIEF: Harbour Energy wins UK Track 2 status for Viking and Acorn

Pin to quick picksHarbour Energy Share News (HBR)

Harbour Energy Information

Share Price Information for Harbour Energy (HBR)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 311.20
Bid: 310.60
Ask: 311.70
Change: 3.40 (1.10%)
Spread: 1.10 (0.354%)
Open: 302.30
High: 312.40
Low: 302.30
Prev. Close: 307.80
HBR Live PriceLast checked at -

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IN BRIEF: Harbour Energy wins UK Track 2 status for Viking and Acorn

Mon, 31st Jul 2023 09:03

Harbour Energy PLC - oil and gas company with interests in Indonesia, Vietnam, Mexico and Norway - Says Viking CO2 transportation & storage network in Humber, north England and Acorn carbon capture & storage project in northeast Scotland are awarded Track 2 status by UK government. This allows both projects to progress to front end engineering & design plus discussions with the government over economic licence terms. Harbour says Viking could transport and store up to 10 million tonnes, and potentially enable CO2 shipping from UK and international emitters for permanent storage within the network's fields.

Chief Executive Officer Linda Cook says: "Today's announcement is an important step forward for Harbour's Viking and Acorn CCS projects and the development of the [CCS] industry in the UK. It is also a further demonstration of the key role that the oil and gas sector is playing by using our existing infrastructure, skills and experience to build this new industry and help deliver the energy transition."

Current stock price: 258.30 pence, up 2.2% in London on Monday

12-month change: down 28%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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