Ithaca Energy CEO Alan Bruce steps down to ‘pursue new opportunities’
Ithaca Energy has shared that its chief executive, Alan Bruce, will be stepping down after more than two years at the helm.
Alan Bruce
Ithaca could go it alone on Cambo – but plans not to
Ithaca Energy’s chairman says the company could sanction the West of Shetland project on its own but would prefer to bring in partners ahead of any major decisions.
Ithaca welcomes ‘strategic progress’ on Cambo, Rosebank in Q3
Ithaca Energy reported net income of $238.5 million (£190m) for the nine months ending 30 September, as farm-out discussions continue on key North Sea projects.
Captain electrification: Grid connection is ‘biggest challenge’ says Ithaca
Proximity to shore playing in favour of project to cut 100,000 tonnes of CO2 per year.
Shell completes exit of Cambo oilfield as Ithaca Energy buys out stake
Ithaca Energy (LON: ITH) will buy out Shell’s (LON: SHEL) stake in the Cambo oilfield, becoming the 100% owner of the West of Shetland project.
Fotla and a delayed Marigold project in the Ithaca Energy FID pipeline
Aside from the giant Rosebank and Cambo oilfields - the former expected to be sanctioned this year - there’s a pair of smaller projects in the FID pipeline for Ithaca Energy (LON: ITH).
Ithaca Energy ready to summit K2 exploration target
Ithaca Energy (LON: ITH) is about to begin drilling an exploration well at the K2 prospect in the Central North Sea.
Shell launches fresh sales process for stake in Cambo oilfield
Shell has launched a six-month marketing process for its 30% stake in the Cambo oilfield in the West of Shetland.
Ithaca Energy posts huge $2bn profits in first results since IPO
North Sea producer Ithaca Energy (LON: ITH) has posted pre-tax profits of more than $2bn in its first set of results since its London debut.
Ithaca Energy eyes valuation of up to £3.1 billion
Ithaca Energy, one of the North Sea's largest producers, could command a market valuation of up to £3.1 billion when it trades publicly next week.
Exclusive: Activity ramps up on Ithaca Energy’s £400 million Captain EOR Phase 2 project
Energy Voice takes an exclusive behind-the-scenes look at work on Ithaca's Captain Phase 2 enhanced oil recovery (EOR) project as key components await sailaway.
Ithaca Energy to buy Cambo operator Siccar Point in $1.5 billion deal
Ithaca Energy has struck a deal to buy Siccar Point Energy, operator of the controversial Cambo project, for just shy of $1.5 billion.
New CEO in place at Ithaca Energy after death of industry stalwart Bill Dunnett
Alan Bruce has taken on the role of chief executive at the North Sea-focused E&P, following the death of former head Bill Dunnett last year.