EE Impact

Harbour Energy

United Kingdom · Energy, Oil & Gas

LeaveRussia detail: Continue Operations

Still operating in Russia

Premier Oil plc was an independent UK oil company with gas and oil interests in the United Kingdom, Asia, Africa and Mexico. It was devoted entirely to the 'upstream' sector of the industry — the exploitation of oil and gas — as opposed to the 'downstream' refining and retail sector. It was listed on the London Stock Exchange until it was acquired by Chrysaor Holdings and then merged into Harbour Energy in March 2021.

Status last verified 03/08/2026Source checked 07/09/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 03/09/2024 · Reference ↗

Two sanctioned Russian oligarchs have become co-owners of Britain's biggest oil producer after it completed a deal to buy the German company. LetterOne, an investment company partly owned by oligarchs Mykhailo Fridman and Petr Aven, now owns almost 15% of Harbor Energy. Harbor Energy is the largest producer of oil and gas in UK waters. It bought most of the oil and gas assets of the German firm Wintershall DEA from the chemical giant BASF.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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