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Premier Oil becomes Harbor Energy; merges with Chrysaor to make North Sea's largest oil and gas producer


Premier Oil has interests in Indonesia, Vietnam, the Falklands and exploration and appraisal operations in Alaska, Brazil and Mexico.
Premier Oil announced on Tuesday that shareholders voted in favor of a reverse takeover of private equity-backed Chrysaor to create the British North Sea’s biggest oil and gas producer in which Premier shareholders will hold about 5.5%.
“Shareholder approval for the transaction deal has now been received,” said Premier, which will be renamed Harbor Energy but maintain its London listing. Premier Oil has interests in Indonesia, Vietnam, the Falklands and exploration and appraisal operations in Alaska, Brazil and Mexico.
Creditors of Premier, which has net debt of US$ 1.9 billion, will receive US$ 1.2 billion in cash under the merger and debt restructuring plan from a new debt facility and existing cash from both groups. ....

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SpendEdge: COVID-19 Impact and Recovery Analysis | Soybean Oil Market Procurement Intelligence Report Forecasts Spend Growth of over USD 2 Billion


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The Soybean Oil Market is poised to experience spend growth of more than USD 2 billion between 2020-2024 at a CAGR of over 3.71%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic.
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This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201216005584/en/
SpendEdge has announced the release of its Global Soybean Oil Market Procurement Intelligence Report (Graphic: Business Wire)
Read the 120-page research report with TOC and LOE on Soybean Oil Market Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend. ....

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