Ithaca Energy has shared that its chief executive, Alan Bruce, will be stepping down after more than two years at the helm.
Ithaca Energy’s chairman says the company could sanction the West of Shetland project on its own but would prefer to bring in partners ahead of any major decisions.
Ithaca Energy reported net income of $238.5 million (£190m) for the nine months ending 30 September, as farm-out discussions continue on key North Sea projects.
Proximity to shore playing in favour of project to cut 100,000 tonnes of CO2 per year.
Aside from the giant Rosebank and Cambo oilfields - the former expected to be sanctioned this year - there’s a pair of smaller projects in the FID pipeline for Ithaca Energy (LON: ITH).
Ithaca Energy (LON: ITH) is about to begin drilling an exploration well at the K2 prospect in the Central North Sea.
Shell has launched a six-month marketing process for its 30% stake in the Cambo oilfield in the West of Shetland.
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.
Ithaca Energy, one of the North Sea's largest producers, could command a market valuation of up to £3.1 billion when it trades publicly next week.
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 Energy has struck a deal to buy Siccar Point Energy, operator of the controversial Cambo project, for just shy of $1.5 billion.
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.