8legs: Harbour energy

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#1 out of 2

Harbour Energy confirms roughly 100 North Sea job cuts amid tax and cost pressures.
Company cites high energy profits levy as a factor behind the reductions.
The moves reflect broader cost-cutting measures to match market conditions.
North Sea operations remain central to Harbour Energy's strategy despite the job losses.
The announcement underscores the ongoing impact of UK energy taxation on majors.
Harbour Energy aims to preserve its core operations despite scaling back headcount.
The layoffs are part of a broader efficiency drive within Harbour Energy.
The Times reports Harbour EnergyBlames levies for North Sea staffing reductions.
The company emphasizes the changes are in response to market conditions, not a strategic pivot away from the North Sea.
The focus remains on protecting the core business amid a challenging energy market.

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#2 out of 2

Argentina’s Southern Energy signs an eight-year LNG export deal with SEFE to ship two million tons annually.
First LNG shipments are planned for late 2027 from two vessels in the San Matías Gulf.
The deal could exceed $7 billion in foreign exchange for Argentina through 2035.
Southern Energy is formed by YPF, PAE, Pampa Energía, Harbour Energy and Golar LNG.
The LNG exports leverage Vaca Muerta's resources to supply energy to Europe via SEFE.
The deal supports IMF reserve goals as Argentina seeks stability.
The US-Argentina swap line of up to $20 billion supports macro stability.
The project plans two LNG ships at the San Matías Gulf to export gas.
The consortium includes major Argentine energy players alongside Harbour Energy.
The project targets export markets via SEFE, Germany's energy initiative.
The agreement is a landmark in Argentina’s energy export strategy from Vaca Muerta.

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