Ithaca Energy posts huge $2bn profits in first results since IPO
North Sea producer Ithaca Energy (LON: ITH) has posted pre-tax profits of more than $2bn in its first set of results since its London debut.
Abigail
Siccar Point acquisition helps boost bumper results for Ithaca
Ithaca Energy reported bumper profits in the second quarter, as parent Delek Group looks to IPO the North Sea firm later this year.
Ithaca making progress on Abigail project ahead of first oil
Ithaca Energy has given an update on progress for its Abigail project in the North Sea ahead of hitting first oil later this year
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.
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.
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.
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.
Ithaca gets green light to develop central North Sea field
Ithaca Energy has received a green light from the UK Government to proceed with its Abigail project in the North Sea.
Ithaca Energy picks COSL Drilling Europe for Abigail and phase two of Captain
COSL Drilling Europe has landed a deal with Ithaca Energy for work in the central North Sea.
Ithaca Energy bounces back to profits, sets timeline for Abigail project
Ithaca Energy has released its first half results, showing a return to profits and setting a timeline for the Abigail project in the North Sea.
Updated: Ithaca Energy back in the black and awarding contracts for key North Sea schemes
Ithaca Energy was back in the black in the first quarter of 2021, as the North Sea oil firm shook off the ill effects last year's hefty impairments.
Ithaca Energy sinks to £400m losses, eyes extra barrels in Marigold and Isabella
Ithaca Energy sank to losses of £400million in 2020 but the firm is eyeing extra barrels from a pair of North Sea prospects.
Ithaca Energy outlines intent to develop central North Sea field
Ithaca Energy, of Aberdeen, has taken a step toward developing a field in the central North Sea.