Harbour Energy Deepens UK North Sea Footprint With $170 Million Waldorf Deal

Harbour Energy has struck a $170 million deal to acquire substantially all the UK subsidiaries of Waldorf Energy Partners and Waldorf Production, both currently in administration, marking another step in the consolidation of the UK North Sea. The transaction, which Harbour says will be funded from existing liquidity, is expected to be immediately materially accretive to free cash flow and enhance the resilience and longevity of its UK business. Completion is targeted for the second quarter of 2026, subjec ...