Showtime for Well-Safe Protector as Ithaca Energy picks oil rig for North Sea decom job
Well-Safe Solutions has won a contract with operator Ithaca Energy to plug and abandon (P&A) a handful of southern North Sea wells.
Ithaca Energy
Ithaca Energy could bring planned North Sea spend forward in response to windfall tax measures
Ithaca Energy said the government's new windfall tax could accelerate the timeline for planned North Sea capex as the company looks to cash in on the investment relief.
Windfall tax tipped to hit Ithaca Energy and Harbour Energy particularly hard
An American credit rating agency has named Ithaca Energy as the operator likely to be hit hardest by the UK Government’s oil and gas windfall tax.
Cambo owner Ithaca Energy to IPO in London ‘asap’
Ithaca Energy will make its IPO in London “as soon as possible” this year, according to parent firm Delek Group.
Ithaca outlines $444m capital spending for 2022 as Abigail and Captain make progress
Growing North Sea operator Ithaca Energy has set out its expected capital expenditure plans of $444m this year as a pair of projects progress.
Oil protestors flooded Kwasi Kwarteng with 20,000 emails to block Cambo
The Tory energy secretary was dealing with 100 campaign messages a day as climate activists fought to block the controversial Cambo oil field expansion off Shetland.
UK North Sea sees chance for political reprieve in energy crisis
Six months ago, UK North Sea oil and gas faced the bleakest outlook in its 50-year history.
Pre-FEED work begins as Piper Bravo confirmed as Marigold host
A roster of North Sea players has been brought together to begin pre-front end engineering and design studies (pre-FEED) for the Marigold field, which will be developed via Repsol Sinopec’s Piper Bravo platform.
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.
Oil giants put contracts up for grabs on a series of West of Shetland wells
Operators are cracking on with decommissioning with numerous wells in line to be plugged and abandoned (P&A) in the coming months, particularly West of Shetland.
Ithaca aiming for ‘support from all parties’ on Cambo push
The chairman of Ithaca Energy, soon to be the new operator of the controversial Cambo oilfield, has said the firm wants open dialogue with environmentalists and other parties on its future.
Equinor confirms push back of Rosebank sanction to 2023
Equinor has confirmed the sanction date for the Rosebank project in the West of Shetland has been pushed back to next year, after Ithaca Energy made the claim last night.
New Cambo owners making ‘billion-pound gamble’ say campaigners
Environmental groups say a change of ownership at the controversial Cambo development will not alter the prospects for what they call a "doomed" field, following news that Ithaca Energy will acquire operator Siccar Point.
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.
Ithaca terminates Vorlich offtake contract with Gazprom
Ithaca Energy will end its gas sales agreement with Gazprom’s trading arm at the end of Q3 this year, covering a share of offtake from the Vorlich field.
Harbour Energy, NEO and Waldorf all ‘likely’ destinations for Cnooc assets
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
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.
Ithaca Energy buys Summit Exploration’s North Sea business for $224m
Ithaca Energy has struck a deal to acquire North Sea player Summit Exploration and Production for $224 million (£170.5m).
Ithaca boosts profits, revenue ahead of ‘capitalisation’ plans
North Sea focused E&P Ithaca Energy has returned to profitability on the back of surging commodity prices, as it now looks to capitalise the company following the acquisition of a series of assets from Marubeni.
‘Significant’ Isabella appraisal well on course for 2022
Neptune Energy holds course to spud the high-impact Isabella appraisal well in the UK North Sea second half of 2022.
Crown licence caught in North Sea legal wrangle
Legal discussions over the Crown field continue, following the termination of the licence by Hibiscus Petroleum in September.
‘Uptick’ in North Sea IPOs forecast with high oil and gas prices on course to continue
North Sea initial public offerings (IPOs) could be back on the menu with healthy oil and gas prices tipped to continue for much of 2022.
Ithaca Energy and Hibiscus go with Piper Bravo for new North Sea project
The Piper Bravo platform is being moved ahead as the preferred option to develop a joint Hibiscus and Ithaca Energy project in the North Sea.
‘$900 million to get to first oil’ for Pilot, says Orcadian Energy CEO
Orcadian Energy is “looking at around about $900 million to get to first oil” for the Pilot field in the central North Sea.
Climate activists hit out at Ithaca and OGA over ‘tiny’ oil and gas field approval
Climate campaigners have questioned the decision to green light a North Sea oil and gas field that they claim will provide “little to no benefit” to the UK.