Ithaca News


Ithaca Energy Wraps Siccar Point Energy Buy

Jul 04, 2022

Ithaca Energy has completed the previously announced acquisition of the UK North Sea focused oil and gas company Siccar Point Energy.The proposed acquisition was first announced in April, when it was said that Ithaca would pay for $1.1 billion…

Well-Safe Protector Inks Deal for Ithaca Energy North Sea Well Decom Project

Jun 21, 2022

Well-Safe Solutions were contracted by Ithaca Energy to plug and abandon (P&A) six wells on the Anglia platform in the Southern North Sea, approximately 55km from the UK mainland. For the project Well-Safe will provide project management, well engineering and all managed delivery services…

Ithaca Buys North Sea Rival Siccar Point Ahead of IPO

Apr 07, 2022

Israeli energy conglomerate Delek Group said on Thursday its North Sea subsidiary Ithaca has acquired private equity-backed Siccar Point Energy for $1.1 billion [plus contingent payments totaling a maximum of USD 360 million].The acquisition…

Ithaca Energy to Buy Summit E&P, as Sumitomo Exits UK's Upstream Oil & Gas Sector

Apr 01, 2022

London-listed oil and gas company Ithaca Energy said Thursday it had agreed to acquire Summit Exploration and Production Limited, a UK North Sea-focused oil company and a subsidiary of Japan's Sumitomo.In the announcement of its financial results…

Ithaca Energy Charters Solstad Offshore Platform Supplier

Nov 19, 2021

Norwegian offshore support vessel firm Solstad Offshore has secured a term contract for the platform supply vessel Far Symphony in the UK North Sea.The contract is with the UKCS-focused oil and gas company Ithaca Energy.Under the charter, the platform supplier…

Bureau Veritas Wins Work on Ithaca Energy's North Sea Assets

Oct 28, 2021

Oil and gas producer Ithaca Energy has awarded Bureau Veritas (BV) a three-year contract to deliver verification - including remote - certification and classification services, and environmental verification and audit services for six assets in the UK North Sea…

COSL Nets Long-term Offshore Drilling Deal with Ithaca Energy

Oct 01, 2021

Offshore drilling contractor COSL Drilling Europe has secured a long-term drilling contract with Ithaca Energy for well operations on the Abigail well and the Captain phase II development in the central North Sea, offshore the UK.COSL Drilling…

Ithaca Energy CEO Passes Away

Sep 22, 2021

UK North Sea-focused oil and gas firm Ithaca Energy has announced the death of Bill Dunnett, Chief Executive Officer.Dunnett passed away last Tuesday peacefully at home with his family.Gilad Myerson, Executive Chairman, has been acting as Interim…

Heerema Removes Ithaca's Jacky Platform

Sep 08, 2021

Dutch offshore installation and decommissioning contractor Heerema Marine Contractors has this week removed an offshore platform from Ithaca Energy's Jacky field in the UK North Sea.Ithaca Energy on Tuesday shared a photo of Heerema's Thialf…

Ithaca Energy's North Sea Oil Find 'a Ray of Light' for UK Offshore Exploration

Sep 02, 2021

Energy intelligence firm Wood Mackenzie has shared that Ithaca Energy has made an oil discovery at Fotla prospect in the UK North Sea, labeling it 'a ray of light' in what’s been a tough year for UK exploration activity, with 2021 on track for the fewest number of completed wells since the 1960s…

Worley Bags Engineering, Procurement Contract with Ithaca at Captain Field

Jun 08, 2021

Australian engineering firm Worley has secured a two-year contract to provide engineering and procurement (E&P) services to Stage 2 of Ithaca Energy’s Captain Enhanced Oil Recovery (EOR) project in the UK North Sea.The Captain field, operated by Ithaca Energy…

Ithaca Energy Awards Captain EOR EPCI Deal to TechnipFMC

May 18, 2021

Oilfield services firm TechnipFMC has won a 'significant' engineering, procurement, construction, and installation contract from Ithaca Energy for the recently sanctioned Captain Enhanced Oil Recovery (EOR) Project in the UK North Sea. For TechnipFMC…

AMS Global to Provide Marine Consultancy Services to Ithaca Energy

Apr 19, 2021

Marine consulting and safety company AMS Global Group has won a marine consultancy services contract with the North Sea-focused oil company Ithaca Energy.The contract award is for three years with two additional optional years. Ithaca Energy…

Awilco Drilling Scores One-well Contract for WilPhoenix Drilling Rig

Apr 19, 2021

Offshore drilling contractor Awilco Drilling has secured a contract for its WilPhoenix semi-submersible drilling rig.The company said Monday that it had signed a contract with Ithaca Oil and Gas Limited, which will use the WilPhoenix for a single exploration well at Fotla in Block 22/1b…

Ithaca Energy Sanctions $550M EOR Project in North Sea

Apr 08, 2021

UK-based Ithaca Energy, the operator of the Captain field located on the edge of the outer Moray Firth, UK, has sanctioned Captain Enhanced Oil Recovery (EOR) Stage 2 project.The sanction of the project in the UK Central North Sea comes after…

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