The move would offer Harbour an opportunity to list in New York after CEO Linda Cook decided to scale back North Sea spending and diversify operations overseas – a reaction to Britain’s windfall tax on oil and gas producers in the wake of a surge in energy prices. Talos shares were up 4.4% at 1820 GMT, after jumping by as much as 11% after Reuters first reported the news.
The post North Sea oil producer Harbour in merger talks with Talos appeared first on Reuters News Agency.