Harbour Energy Enters U.S. Gulf with Strategic $3.2 Billion Acquisition ...Middle East

Harbour Energy has agreed to buy Louisiana-based privately-held LLOG Exploration Company for $3.2 billion in a strategic deal that will establish a foothold for the UK-based oil and gas producer in the deepwater U.S. Gulf of Mexico.   Harbour Energy on Monday announced that it has entered into an agreement to acquire LLOG Exploration Company LLC from LLOG Holdings LLC for a total of $3.2 billion, comprising $2.7 billion of cash and $500 million Harbour’s voting ordinary shares.   “The Acquisition marks Harbour’s…

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