Former Ithaca Energy CEO becomes chairman of Jersey Oil and Gas
Jersey Oil and Gas (JOG) has announced changes at its top table as the company reaches a “pivotal” stage in its growth.
Jersey Oil and Gas (JOG) has announced changes at its top table as the company reaches a “pivotal” stage in its growth.
Jersey Oil and Gas has announced the appointment of Les Thomas to its board as an independent non-executive director.
North Sea oil firm Ithaca Energy said today it was adding another member of the Repsol Sinopec Resources UK (RSRUK) senior management team to its own ranks.
North Sea oil firm Repsol Sinopec Resources UK (RSRUK) has appointed former Ithaca Energy chief executive Les Thomas as a director.
North Sea oil firm Ithaca Energy has appointed industry veteran Bill Dunnett as its new chief executive.
Ithaca Energy plans to shed a quarter of its onshore workforce after sinking to a £944m pre-tax loss amid the "historic collapse" of oil and gas prices.
North Sea operator Ithaca Energy intends to make redundancies from its onshore workforce by the end of 2020, its chief executive has confirmed.
Ithaca Energy is still planning to move ahead with a project to boost production from one of its flagship North Sea fields this year, despite deferrals and slashed spending.
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 chipped away at its record high debt while posting strong third quarter results.