Harbour Energy expects low output to bounce back as delayed project nears start-up

UK oil and gas company Harbour Energy, formed through a merger between Premier Oil and Chrysaor, has experienced a negative impact on production during the first five months of the year due to planned maintenance and outages across its assets.

However, as these shutdowns are coming to a close and the drilling activity is ramping up in addition to a new project start-up, the company expects to see an increase in output for the rest of the year.