Premier Oil

Premier Oil was incorporated in 1934 as the Caribbean Oil Company. At the time of the founding, the primary business was to exploit oil and gas in Trinidad and Tobago. The company began to acquire interests in other areas like the North Sea, the continental shelf of the United Kingdom, West Africa, and Sudan. Throughout the years, the company’s primary aim has been to cement its status as the leading independent hydrocarbons production company, particularly in Asia. To this end, the company has long-term partnerships with Amerada Hess and Petronas.

Premier Oil has organized its business in six segments, namely the United Kingdom, the Falklands Islands, Vietnam, Indonesia, Mauritania, and the rest of the world. However, the company reorganized into four regional units in 2005. They include the Middle East, Asia, West Africa, and the North Sea. Premier Oil credits much of its growth to numerous acquisitions along the way. The company trades as PMO on the London Stock Exchange. Its headquarters are in London, the UK.

Latest Premier Oil News

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.