Ithaca boosts production, on course for Harrier start-up
Ithaca Energy said today that output from the North Sea Stella field helped it increase overall production by 95% to 18,165 barrels of oil per day in the first quarter of 2018.
Ithaca Energy
Ithaca production adds £4m to Delek’s net income in 2017
Israeli firm Delek Group said today that its takeover of North Sea oil producer Ithaca Energy gave it a shot in the arm last year.
Ithaca picks WorleyParsons for Vorlich field work
Oilfield service firm WorleyParsons has netted the front end engineering design contract for Ithaca Energy's Vorlich field in the North Sea.
Ithaca submits decom plan for North Sea field
Ithaca Energy today handed in draft decommissioning plans for the Jacky field in the Moray Firth.
Ithaca takes next step in developing Harrier
Ithaca Energy has taken another step towards developing the Harrier field in the central North Sea.
Ithaca sells Wytch Farm oil field stake for £38m
Aberdeen-based oil firm Ithaca Energy has agreed to sell licences containing the onshore UK Wytch Farm field for £38million.
i3 takes another ‘key step’ towards developing Liberator field
Oil firm i3 Energy said yesterday that it had taken another “key step” on the way to developing the Liberator field.
Update: Upturn in Ithaca’s results, but Stella reserves could drop
Ithaca Energy narrowed its losses during a first half in which the North Sea operator changed hands.
Ithaca narrows first-half losses, ramping up Stella output
North Sea operator Ithaca Energy narrowed its losses during a first half in which the company changed hands and achieved first oil from the Stella field.
Delek boss says firm will become global player
Delek Group boss Asaf Bartfeld said yesterday the UK oil and gas newcomer aimed to continue beefing up its international presence.
Delek moves for all of Ithaca’s shares
Israel’s Delek Group has given notice of its compulsory share purchase of the remaining shares in Ithaca Energy it does not currently own.
North Sea’s i3 unveils $50million IPO plan
Bosses of former oil and gas company Ithaca Energy revealed plans to raise $50million (£38.6million) in a flotation on AIM.
Delek’s stake in Ithaca up to 94% as tender closes
Israel's Delek Group said today that it had taken control of 94.2% of North Sea firm Ithaca Energy.
Ithaca shareholders accept Delek takeover offer
North Sea firm Ithaca Energy said today that its investors had overwhelmingly backed a takeover offer from Israel's Delek Group.
Parkmead leading efforts to create North Sea mega-hub
Parkmead Group’s boss said yesterday that the Aberdeen firm would stay on the acquisition trail as it leads efforts to create a large North Sea hub.
Delek says international expansion does not stop at Ithaca
Israel’s Delek Group is eyeing new acquisition targets in the North Sea.
Ithaca spells out why shareholders should sell out to Israel’s Delek Group
North Sea oil producer Ithaca Energy has formally urged investors to accept a takeover offer for all the remaining stock not already owned by its largest shareholder.
North Sea newcomer i3 Energy raises £6m for Liberator field
An oil and gas company led by a co-founder of Ithaca Energy has raised £6.2million to put towards developing a field in the outer Moray Firth.
Two significant North Sea milestones in one day
Two major new milestones for the beleaguered UK North Sea oil and gas industry have highlighted resilience in the face of a downturn.
Ithaca starts production from North Sea Stella field
Ithaca Energy today announced the start-up of production from the Stella field in the North Sea.
North Sea on crest of “third wave of evolution”
North Sea oil and gas is on the crest of a “third wave” in its evolution following a series of major deals worth more than $6billion (£4.8billion), energy professionals have claimed.
Ithaca boss pledges security for staff in Delek takeover
Bosses at Ithaca Energy said it would be “business as usual” for the North Sea oil producer following its anticipated takeover by Israeli firm Delek Group.
Flurry of deals shows investors still believe in North Sea
A recent spate of acquisitions shows oil companies and investors still see potential in the North Sea, a lawyer said yesterday.
Fair Delek-Ithaca deal to spark interest in North Sea E&Ps, analysts say
Israel’s Delek Group has made a “reasonable” offer for the remaining shares in Ithaca Energy, analysts agreed yesterday.
Updated: Delek to takeover Ithaca Energy in major North Sea deal
Delek Group is set to takeover Ithaca Energy.