Finance
UK's Harbour Energy to sell Indonesian assets to Prime Group for $215 million
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
Harbour Energy will sell its Indonesian assets to Prime Group for $215 million, including interests in Natuna Sea Block A and Tuna project.
Dec 8 (Reuters) - Harbour Energy on Monday agreed to sell its operated interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to oil and gas firm Prime Group for $215 million.
Harbour holds a 28.67% operated interest in Natuna Sea Block A, which produced about 4,000 barrels of oil equivalent per day in the nine months ended September, and a 50% operated interest in the Tuna project.
Prime Group has upstream and downstream operations in Indonesia, including a 25% interest in the Natuna Sea Block B field.
The deal, targeted for completion in the second quarter of 2026, will leave Harbour with continued exposure to Indonesia through its interests in the Andaman Sea discoveries.
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Sonia Cheema)
Harbour Energy is a UK-based oil and gas company that operates in various regions, including Indonesia, where it has interests in oil and gas fields.
Prime Group is an oil and gas firm involved in upstream and downstream operations, including interests in oil fields in Indonesia.
An operated interest refers to the ownership stake a company has in a project or asset, allowing it to manage and control operations.
The Natuna Sea Block A is an offshore oil and gas field in Indonesia where Harbour Energy holds a 28.67% operated interest.
A development project in oil and gas refers to the phase where the company plans and executes the extraction of resources from a discovered field.
Explore more articles in the Finance category
