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Harbour Energy Completes $163 Million Waldorf UK Acquisition

Harbour Energy has completed its $163 million acquisition of Waldorf’s UK subsidiaries, adding 20,000 boepd, 35 million boe of 2P reserves and interests in the Catcher and Kraken fields.
Image source: Harbour Energy

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Harbour Energy has completed its $163 million acquisition of substantially all subsidiaries of Waldorf Energy Partners Limited and Waldorf Production Limited in the UK.

The transaction closed after all regulatory approvals were received and creditors’ claims against the acquired Waldorf subsidiaries were fully and finally settled.

The deal excludes Waldorf Energy Finance. A binding share sale and purchase agreement between the subsidiaries’ joint administrators and a wholly owned subsidiary of Harbour Energy was announced in December 2025.

The acquired assets are expected to contribute 20,000 barrels of oil equivalent per day of oil-weighted production and 2P reserves of 35 million boe.

Harbour Energy has also increased its operated interest in the Catcher field from 50% to 90%. The company expects the transaction to improve the financial stability of the field’s joint venture partnership.

In the Northern North Sea, the acquisition adds a 29.5% non-operated interest in the Kraken oil field, providing Harbour Energy with a new production base in the area.

The completion follows Harbour Energy’s purchase of LLOG Exploration Company, which gave the company an entry into the deepwater Gulf of America, also known as the U.S. Gulf of Mexico.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
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