Chrysaor is navigating the many challenges associated with operating offshore installations through a global pandemic and a collapse in oil prices. Founded in 2007 by chief executive Phil Kirk, 54, it was a modest exploration company until 2017, when it secured backing from EIG Global Energy Partners and spent $3bn on the acquisition of nearly half of Shell’s North Sea oilfields and assets. Revenues rose 26% to £1.9bn in 2019, and last year it bought the UK assets of US energy giant ConocoPhillips for $2.7bn.
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