Ithaca Energy Plc - Company Profile
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Ithaca Energy Plc (Ithaca), a subsidiary of Delek Group Ltd, is an oil and gas company that explores, develops, and produces oil and gas in the North Sea. It focuses on the appraisal and development of undeveloped discoveries, and the exploitation of its existing UK producing asset portfolio. The company owns a portfolio of operated and non-operated assets in the Northern, Central and Southern North Sea and Moray Firth areas of the UK Continental Shelf. The company also has handling other exploration portfolio such as Isabella prospect and F-Block. The company also operates in the Greater Stella Area in the Central Graben area of the Central North Sea. Ithaca is headquartered in Aberdeen, Scotland, the UK.
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Products and Services
Products |
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Crude Oil |
Natural Gas Liquids |
Natural Gas |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the company entered into an agreement to acquire the UK-based oil and gas-producing assets from Eni for US$938.28 million. |
2024 | Contracts/Agreements | In March, the company entered into an agreement to merge its UK upstream assets with Eni's business. |
2023 | Acquisitions/Mergers/Takeovers | In December, the company acquired the remaining 30% stake in the Cambo oil and gas field in the UK from Shell. |
Competitor Comparison
Key Parameters | Ithaca Energy Plc | BP Plc | Eni SpA | PetroTal Corp | Cequence Energy Ltd |
---|---|---|---|---|---|
Headquarters | United Kingdom | United Kingdom | Italy | United States of America | Canada |
City | Aberdeen | London | Rome | Houston | Calgary |
State/Province | Greater London | England | Lazio | Texas | Alberta |
No. of Employees | 573 | 87,800 | 33,142 | 119 | 24 |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Gilad Myerson | Chairman | Executive Board | 2020 | - |
Iain Lewis | Chief Executive Officer - Interim; Chief Financial Officer | Senior Management | 2024 | - |
Julie McAteer | General Manager - Legal & Business Affairs | Senior Management | 2020 | - |
John Horsburgh | General Manager - Subsurface and Wells | Senior Management | 2018 | - |
Brian Winton | General Manager - Operations, Projects & Decommissioning | Senior Management | 2020 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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