Growing North Sea operator Ithaca Energy has set out its expected capital expenditure plans of $444m this year as a pair of projects progress.
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.
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 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 Energy has received a green light from the UK Government to proceed with its Abigail project in the North Sea.
COSL Drilling Europe has landed a deal with Ithaca Energy for work in the central North Sea.
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.
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 sank to losses of £400million in 2020 but the firm is eyeing extra barrels from a pair of North Sea prospects.
Ithaca Energy, of Aberdeen, has taken a step toward developing a field in the central North Sea.