Mexico approves Harbour acquisition of Wintershall Dea

Aug. 29, 2024
Harbour Energy now expects to complete the acquisition of the Wintershall Dea asset portfolio in early September.

Harbour Energy expects to complete its acquisition of Wintershall Dea’s global E&P portfolio in early September.

The process of satisfying the conditions to completion has been advancing, including the recent receipt of Mexico regulatory consents.

Earlier this month, the Danish Energy Agency also approved the indirect transfer of interests in four licenses that had been granted to Wintershall Dea.

Wintershall Dea operates the Kan oil discovery offshore Mexico, which is due to be appraised later this year. The company has also secured an extension to the Block 30 license from the regulator CNH until June 2025.

Among the company’s interests elsewhere are the Maria Phase 2 development in the Norwegian Sea, where startup is expected next year.

During the subsea construction campaign that started in April and finished last month, various TechnipFMC vessels set down a six-slot production and water injection manifold, pipeline spools, control lines and flexible lines for water injection and gas lift, all in 300 m.

Later this year, the first of four christmas trees should be installed on the field followed by the remaining three in 2025, when the Transocean Norge semisub is due to drill and complete the remaining Maria Phase 2 wells. Phase 1 of drilling finished in April.

The new Phase 2 template is connected to existing infrastructure on the Maria field, with the wellstream sent to the Equinor-operated Kristin semisubmersible platform. Water injection is supplied from the Heidrun platform and lift gas from Åsgard B via the Tyrihans field subsea facilities.

Maria’s processed oil heads to the Åsgard field for storage and export, while its gas is exported via the Åsgard Transport System to Kårstø.

Wintershall Dea expects to start up gas production from the Dvalin North field elsewhere in the Norwegian Sea in 2026.

Offshore southern Argentina, the company is a partner in the TotalEnergies-operated Fénix gas development, which should start production ahead of schedule this fall.

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