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.
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 (LON: ITH) has hinted at contracts on the horizon for the Cambo oilfield, with โline of sightโ to sanctioning the project next year.
The looming threat of changes to the UK windfall tax is the โbiggest questionโ hanging over development of the huge Cambo and Rosebank oilfields.
A top boss at Ithaca Energy (LON: ITH) hopes the company's initial public offering (IPO) in London will mark a โturning pointโ for investment in the North Sea.
Ithaca Energy has completed its acquisition of Cambo operator Siccar Point Energy.
Ithaca Energy will make its IPO in London โas soon as possibleโ this year, according to parent firm Delek Group.
The chairman of Ithaca Energy, soon to be the new operator of the controversial Cambo oilfield, has said the firm wants open dialogue with environmentalists and other parties on its future.