Search results for: Ithaca Energy

102163 results

A list of search results

  • 3 November 2011
    Business & Finance

    Ithaca Energy Inc. announces that it has signed an agreement with Ensco Offshore UK Limited to provide a jack up drilling unit for development drilling on the Stella and Harrier fields to commence in 2012. Further to the recently announced Development Concept selection for the Stella and Harrier Fields in Block 30/6a of the Central […]

  • 29 March 2011
    Project & Tenders

      Ithaca Energy Inc. announces that drilling of the J03 well on the Jacky field has now recommenced, as previously stated. The Energy Enhancer drilling unit is now fully operational following successful repair to the drilling mud handling system onboard the rig. Production from J01 was briefly suspended to complete the ‘top hole section’ of […]

  • 26 August 2011
    Business & Finance

    Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy, announces that further to announcements on April 4, 2011 and May 16, 2011, the Company has completed the transaction to acquire a 28.46% non-operated interest in the Cook oil field from Hess Limited. At completion of the transaction, Ithaca paid an adjusted cash consideration of […]

  • 6 February 2017

    Israeli energy company Delek Group has launched a takeover offer for the oil company Ithaca Energy. According to Canada-based Ithaca, the offer is for a cash consideration of C$1.95 per share – this equates to £1.20 per share based on the exchange rate on 3 February 2017. Delek says the offer is $524 million. Ithaca’s board has […]

  • 8 March 2011
    Business & Finance

    Ithaca Energy Inc. announces today that the Energy Enhancer jack-up drilling unit has commenced drilling a second production well on the Jacky field. Well 12/21c-J03 (“the well” or “J03”) is being drilled to access additional reserves and increase production as part of a field management strategy. The drilling unit has been positioned over the Jacky […]

  • 29 December 2010
    Business & Finance, Project & Tenders

    Ithaca Energy Inc.  and its wholly owned subsidiary Ithaca Energy (UK) Limited, an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea,  announces that stable production from the second workover well (A23) on Beatrice Alpha has increased by ~115% to approximately 560 barrels of oil […]

  • 18 October 2010

    Ithaca Energy Inc.  and its wholly owned subsidiary Ithaca Energy (UK) Limited (“Ithaca” or “the Company”), an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announced stable production from the first workover well on Beatrice Alpha has increased by 100% to 680 barrels of […]

  • 15 June 2020
    Business & Finance, Business developments & projects

    Offshore helicopter operator NHV Group has won an extension with Ithaca Energy to provide aviation services to the oil company’s several fields in the Scottish part of the North Sea.

  • 17 December 2010
    Business & Finance

    Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces that the Company has completed a transaction to acquire certain UK North Sea gas interests from GDF Suez E&P UK Ltd […]

  • 7 March 2011
    Business & Finance, Project & Tenders

    Ithaca Energy Inc. announces today that the Sedco 704 semi submersible drilling unit has commenced the drilling of the final production well for the development of the Athena field (“Athena”). Well 14/18b-A2 (“the well”) is being drilled from the Athena drill centre and is the final well to be drilled of a 180 day campaign […]

  • 12 February 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Ithaca Energy Inc. announces that the exploration well on the Handcross prospect (204/18b-2A) has been drilled to a total measured depth of 10,120 feet into the Tertiary, Vaila Formation.  No hydrocarbons were encountered in the target T36 or T35AA sands.  The well is in the process of being plugged and abandoned.  Ithaca’s share of the well […]

  • 6 June 2014
    Business & Finance

    BW Offshore has received a contract extension for the FPSO BW Athena with Ithaca Energy in the UK North Sea.

  • 7 July 2011
    Business & Finance

    Ithaca Energy Inc. announces the appointment of Mr. Mike Travis as Chief Production Officer. Mr. Travis is anticipated to commence employment as an officer of the Company at the beginning of 2012. Mike Travis (aged 51) has over 28 years of diverse offshore and onshore experience in the oil industry which has been acquired in […]

  • 23 October 2015
    Business & Finance

    Delek Group’s acquisition of a stake in a UK North Sea oil and gas operator, Ithaca Energy, has been completed. Ithaca Energy on Tuesday reported that it had completed the previously announced $66 million equity investment, while the confirmation from Israel’s Delek arrived on Friday. Delek said that it had received all the necessary approvals required for […]

  • 4 May 2017

    Israeli energy group Delek has increased its holding in Ithaca Energy, a UK focused oil and gas company. Ithaca said on Thursday that the share tendering process had been completed for the cash takeover offer made by Delek Group Ltd. for all the common shares of the Ithaca not already owned by Delek  for C$1.95 per share. Following payment […]

  • 7 April 2020
    Business & Finance, Business developments & projects

    Oil and gas company Ithaca Energy has more than halved its capital expenditures for the year due to the double threat posed by the coronavirus pandemic and the sharp oil price drop.

  • 6 February 2017

    Israel’s Delek Group said it has reached an agreement with Ithaca Energy to acquire the remaining shares in the company for a total consideration of C$681 million (US$524 million).

  • 11 October 2011
    Business & Finance, Project & Tenders

        Ithaca Energy Inc.  announces that it has met major scheduled milestones for the Athena project and on site subsea installation work and rig based operations are on schedule. The Company will present the Athena project today at 9.30 a.m. in London; the presentation is available on the Company’s website. Key milestones achieved: • […]

  • 6 June 2014
    Business & Finance, Project & Tenders

    BW Offshore has received a contract extension for the FPSO BW Athena with Ithaca Energy. The primary term of the contract expires in Q2 2015, and Itacha Energy has exercised the option for a secondary term of up to five years. Ithaca Energy has the right to terminate the contract on a rolling 12-month notice. BW Athena was […]

  • 31 March 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    BW Offshore, a provider of floating production services to the oil and gas industry, has received a notice of termination for the FPSO BW Athena contract from Ithaca Energy. Namely, BW Offshore and Ithaca Energy (on behalf of the Athena field co-venturers) have agreed a revised contract structure to continue production on the Athena field […]

  • 9 October 2015

    Israel’s energy group Delek has acquired a stake in Ithaca Energy, a UK North Sea oil and gas operator. Shares of Ithaca Energy rose 12.92% to 50.23 pence following the announcement on Friday. Under the agreement, Delek will, through its subsidiary DKL Investments inject $66 million in Ithaca in exchange for 81,865,425 Common Shares in […]

  • 23 September 2019

    Israeli oil and gas company Delek has received an offer from an unnamed investor for a potential investment of up to $250 million into its North Sea focused subsidiary Ithaca Energy.