Ithaca’s (LON: ITH) wellhead protector platform on the Captain field in the North Sea has suffered a crane failure which has led to drilling crews being evacuated.
The East of Shetland is home to some of the largest untapped resources in UK waters but sits among the regions with the greatest challenges for development.
Government and regulators have signed off Ithaca Energy’s plans for a further phase of enhanced oil recovery (EOR) at the North Sea’s Captain field.
Proximity to shore playing in favour of project to cut 100,000 tonnes of CO2 per year.
Ithaca Energy (LON: ITH) is about to begin drilling an exploration well at the K2 prospect in the Central North Sea.
There are only six big-spend projects expected for the UK North Sea and West of Shetland in the coming years, meaning limited opportunity for big players to benefit from windfall tax offsets.
More than 300 offshore workers have voted for strikes across 20 North Sea installations, Unite the Union has announced, causing "major problems" for production.
Ithaca Energy has filed key regulatory paperwork for the next phase of its £400 million enhanced oil recovery (EOR) programme at the North Sea’s Captain field.
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 was back in the black in the first quarter of 2021, as the North Sea oil firm shook off the ill effects last year's hefty impairments.
Petrofac has announced the award of a “multi-million dollar” North Sea contract from Ithaca Energy.
Ithaca Energy plunged deep into the red in the first-half of 2020 as the sharp drop in oil prices and staff payouts weighed on the firm’s balance sheet.
Helicopter group NHV has landed a five-year North Sea contract extension with Ithaca Energy.
Impairments led North Sea operator Ithaca Energy to a £111.4m pre-tax loss in 2019, while the Covid-19 outbreak threatens delays to future projects.
Ithaca Energy has confirmed plans to sanction phase two of an enhanced oil recovery (EOR) project on the Captain field in the North Sea.
Aberdeen’s Ithaca Energy said today that “quick payback” projects had boosted production at the company, which recently bought most of Chevron’s North Sea portfolio.
