Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

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".

Related Shares

More News
14 Jun 2024 09:27

LONDON BROKER RATINGS: BoA ups L&G; Deutsche Bank cuts Iomart

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

31 May 2024 09:35

Harbour Energy touts progress on Wintershall Dea asset acquisition

(Alliance News) - Harbour Energy PLC on Friday said that it continues to make good progress on its acquisition of the Wintershall Dea asset portfolio.

31 May 2024 08:58

LONDON MARKET OPEN: FTSE 100 up as markets wait for US PCE reading

(Alliance News) - The FTSE 100 in London opened higher on Friday, as investors eye a key US inflation data.

31 May 2024 07:50

LONDON BRIEFING: FTSE 100 called up; UK house prices show resilience

(Alliance News) - The FTSE 100 in London is called to open higher on Friday, as investors shake off US inflation nerves.

31 May 2024 07:14

Harbour Energy making 'good progress' on Wintershall takeover

(Sharecast News) - Harbour Energy said on Friday its blockbuster $11.2bn acquisition of Wintershall Dea's non-Russian oil and gas assets remained on t...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.