Near 30 workers evacuated from Irish Sea Pioneer amid storm
Petrofac (LON:PFC) has confirmed that 27 workers onboard the Irish Sea Pioneer in Liverpool Bay were evacuated over the weekend ahead of Storm Darragh.
Eni
Ithaca hands $200m to shareholders following ‘combination’ with Eni
The North Sea firm also confirmed controversy-hit Rosebank field was on track for first oil in 2026/27
Ithaca Energy receives credit rating boost following Eni tie-up
The three major credit rating agencies have upgraded Ithaca Energy’s (LON: ITH) credit rating following the completion of Ithaca’s business combination with Italian energy company Eni earlier this month.
Ithaca Energy adds new director after Eni combination
Ithaca Energy (LON: ITH) has appointed Tamir Polikar as a non-executive director to its board of directors as nominee of the company’s majority shareholder, Delek Group.
Ithaca Energy and Eni complete business combination
Ithaca Energy (LON: ITH) and Italy’s Eni have completed a business combination for the vast majority of Eni’s UK upstream oil and gas assets.
UPDATE: Industry hails Labour’s £22bn pledge for carbon capture projects in England
Two projects in the North of England aimed at sequestering carbon and producing hydrogen have won the full-throated support of the UK government and a pledge for nearly £22 billion over the next 25 years.
Eni ranked most-admired explorer in Wood Mackenzie poll
Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.
Production restarts at Pierce field after six-month outage
Ithaca Energy (LON: ITH) has said that production has resumed at the Pierce field after a six-month production halt.
‘UK powerhouse’: Ithaca Energy confirms North Sea combination with Italian oil giant Eni
The combined UK group will produce over 100,000 barrels per day with a market cap of around £2bn.
Table: The 20 firms commanding the UK’s North Sea oil and gas hubs
New research has cast light on the top companies commanding the majority of the UK's North Sea production and spending.
Ithaca to become UK reserves powerhouse with Eni deal – analysis
The potential Ithaca Energy (LON: ITH) combination with Eni’s UK assets stands to bring the firm's reserves above that of Harbour Energy, according to analysis.
Interview: Ithaca Energy boss breaks down Eni deal
Chairman answers questions on windfall tax, sticking with the UK, and Ithaca’s Aberdeen operation post-Eni deal.
Cambo: Entry of Italy’s Eni could unlock Ithaca Energy oilfield
The planned entry of Italian oil major Eni “de-risks” the Cambo oilfield in the West of Shetland, owner Ithaca Energy has said.
Eni welcomes consent for HyNet North West CO2 pipeline
Italian energy company Eni has welcomed the UK’s decision to grant a Development Consent Order (DCO) for the HyNet North West CO2 pipeline.
UK North Sea league table sees shift in top producers
There’s been a raft of relegations and promotions in the last year for the league table of the top 15 production hubs in the UK North Sea.
New Douglas CCS platform in works as Eni files HyNet plans
Eni has unveiled new details of infrastructure and timings for its Liverpool Bay carbon storage scheme, including a newbuild platform at the Douglas complex.
Big Oil pay packets still push execs to boost fossil fuel production – report
A new report suggests Big Oil continues to link executive pay to increased fossil fuel production, even if this conflicts with energy transition targets and climate policies.
Eni profit matches estimates, gas offsets refining weakness
Eni's fourth-quarter profit matched estimates as its natural gas business helped to offset weakness in refining and chemicals.
Eni extends Cronos find, fuelling fast-track plans
Eni has reported success at the Cronos-2 well offshore Cyprus, noting “excellent gas deliverability capacity” at the find.
Altera contracts DOF for FPSO, FSO installation work
The Norwegian company will begin project management and engineering “immediately” at its offices in Bergen and Aberdeen.
Eni boss talks shop with Equatorial Guinea VP
The statement went on to say Descalzi planned to visit Malabo in the near future to present agricultural and energy projects.
Eni completes $4.9bn acquisition of Neptune Energy
Italian oil giant Eni (BIT: ENI) has completed its multibillion-dollar takeover of North Sea operator Neptune Energy.
BP agrees to Libyan exploration agreement with LIA
The LIA said the work was “one of the largest exploratory projects” in Libya, with exploration on- and offshore. A and B are onshore, while C is offshore.
NSTA carbon storage licensing projects start to lock in industrial partners
The UK government outlined its CCUS Vision in December, but where will the carbon set to be stored in offshore sites be sourced from?
Eni begins gas feed into West African FLNG
Eni said this second FLNG vessel will begin producing in 2025. The company will market all of the produced LNG, it said.