[9] In December 2023, an agreement was signed for the acquisition of the German gas and oil production company Wintershall Dea by Harbour Energy for $11.2 billion.

[10] The Viking Carbon Capture and Storage (CCS) project, spearheaded by Harbour Energy in partnership with BP (which holds a 40% stake), represents a significant effort to combat climate change.

This initiative focuses on capturing and storing carbon dioxide emissions from key industrial sources in the North Sea's depleted gas fields.

The process involves collecting, liquefying, and transporting CO2 from major emission sources, including the VPI power station and the Phillips 66 Humber Refinery.

Scheduled to commence operations by 2028, the project is anticipated to significantly contribute to the local economy by creating employment opportunities and enabling industries in the Humber region to meet stringent net-zero targets.