Chrysaor, a holding company that focuses on exploration and production of oil and gas resources, completed the acquisition of Premier Oil, an independent UK oil company with gas and oil interests in the UK, Asia, Africa and Mexico, for $3.93bn. “Through this deal we will become the UK’s largest London-listed independent E&P, by all key metrics. With our combined organisation and operatorship of a large part of our now international portfolio, we will have the ability to deliver value safely, and play our part in the energy transition,” Phil Kirk, Chrysaor CEO. On December 16, 2020, Premier Oil announced that it will be renamed to Harbour Energy after the deal with Chrysaor closes.