London’s Harbour Energy acquires LLOG Exploration for $3.2 billion

London-based Harbour Energy has entered the deep water Gulf with the $3.2 billion acquisition of Houston-based LLOG Exploration.

The deal adds an oil-weighted, high-margin portfolio producing 36,000 barrels a day and positions Harbour for long-term growth in one of the world’s most prolific offshore basins. Read the full story from Offshore Energy.