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eBlue_economy_Ithaca acquires Marubeni’s UK North Sea subsidiary
eBlue_economy_Ithaca acquires Marubeni’s UK North Sea subsidiary

Ithaca acquires Marubeni’s UK North Sea subsidiary

Ithaca Energy has issued an update on recent developments affecting the company’s projects in the UK central North Sea.

ABERDEEN, UK – Ithaca Energy has issued an update on recent developments affecting the company’s projects in the UK central North Sea.

In September the company agreed to acquire an additional 13.3% interest in the Alba field from Mitsui E&P UK, lifting its share of the field to 36.7%.

Earlier this month it agreed to acquire 100% of the share capital of Marubeni Oil & Gas UK for $140 million.

Drilling continued on the Ithaca-operated Fotla oil discovery with two appraisal sidetracks, using the Awilco semisubmersible WilPhoenix.

Careers | Ithaca Energy

In August the jack-up Valaris 120 drilled an exploration well on the Harbour Energy-operated Jade South prospect.

Earlier, Heerema’s crane vessel Thialf completed the removal of the Jacky platform topsides and jacket structure, which included a central column and suction pile foundation

About: Ithaca Energy

Ithaca Energy on the Icelandic continental shelf | Askja Energy - The Essential Perspective on Energy in the Northern Atlantic and Arctic Region

Ithaca Energy is a leading exploration and production company headquartered in Aberdeen, Scotland, with production and development activities exclusively on the UK Continental Shelf.

We are a wholly-owned subsidiary of the Tel Aviv stock exchange-listed Delek Group Limited (TASE: DLEKG, US ADR: DGRLY), Israel’s leading integrated energy company

Source: Offshore

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