UK's Harbour Energy to sell Indonesian assets to Prime Group for $215 million

Core Insights - Harbour Energy has agreed to sell its operated interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to Prime Group for a total of $215 million [1] Company Summary - The transaction involves the sale of assets in Indonesia, specifically the Natuna Sea Block A field and the Tuna development project [1] - The sale price of $215 million indicates a strategic move by Harbour Energy to divest from certain international operations [1] Industry Context - The deal reflects ongoing consolidation trends within the oil and gas sector, as companies seek to optimize their portfolios and focus on core assets [1]