23 December 2025
23 December 2025
The deal marks Harbour’s entry into the US Gulf of Mexico and complements the company’s operations in Norway, the UK, Argentina and Mexico.
The move aims to protect Australian businesses from global price volatility and maintain supply during the country’s energy transition.
The discovery was made through exploration well 6407/1-B-2 H, the first well drilled within production licence 1121, using the Transocean Encourage drilling rig.
INEOS holds a 21% working interest in the discovery, while Shell is the operator with the remaining 79%.
The project uses existing facilities at the nearby Huixi Oilfields and incorporates a newly installed unmanned wellhead platform.
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