Delek profits drop, but Ithaca on the up
Profits dropped at Delek Group last year despite a strong showing from its North Sea business, Ithaca Energy.
Greater Stella
Ithaca zeroing-in on first North Sea oil, operating costs down to $20boe
Ithaca Energy is just weeks away from achieving first oil on its landmark North Sea development.
Ithaca’s FPF-1 gets green light for travel to Greater Stella development
Ithaca Energy said its FPF-1 floating production facility has completed its required inclination test and departed from the Remontowa shipyard in Poland.
Ithaca’s FPF two weeks away from heading to North Sea’s Greater Stella
Ithaca Energy today confirmed its floating production facility (FPF-1) was only two weeks away from heading to its location on the North Sea’s Greater Stella Area Development.
Ithaca secures pipeline access deal for Greater Stella production
Ithaca Energy has secured access to a major oil export pipeline allowing it to transport future production from its Greater Stella Area development project in the UK North Sea, at a cost of around $20million, with first production slated by September.
Ithaca delays Stella start-up, Petrofac absorbs overspend
Ithaca today confirmed the start-up of its Greater Stella Development would be delayed until the third quarter of this year.
Ithaca chips away at debt, posts strong results
Ithaca Energy has chipped away at its record high debt while posting strong third quarter results.
Ithaca gets financial house in order ahead of North Sea first oil
Ithaca Energy is busy getting its finances in order as it zeroes in on first oil from its Greater Stella project.
Ithaca hedges at $92/bbl, pushes Greater Stellar agenda
Ithaca posted an average of 12,300 barrels of oil equivalent per day (boepd) for the third quarter of this year.
Ithaca redraws Petrofac’s Greater Stella deal
Ithaca Energy has modified its Greater Stella deal with Petrofac in a bid to hit its sail-away target.