Ithaca Energy Inc. announces the execution of a farm-out transaction with Shell UK Limited in respect of the UK exploration assets acquired pursuant to the acquisition of Valiant Petroleum plc (“Valiant”), completed on 19 April 2013 (the “Acquisition”). Since the announcement of the Acquisition, the Company has reduced its net exploration expenditure commitments by over [...]
Ithaca Energy Inc. announces that operations at the Hurricane appraisal well, 29/10b-8, which lies within the Company’s Greater Stella Area in the UK sector of the Central North Sea are now proceeding to a Drill Stem Test (“DST”). The well has been drilled to a total measured depth of 10,779 feet to appraise hydrocarbon bearing [...]
Ithaca Energy Inc. has agreed to take over operatorship and increase its working interest in the Carna discovery, located in the Southern Gas Basin of the UK North Sea. The transaction with Centrica North Sea Gas Limite increases the Company’s working interest in the Carna discovery to a material level from 16% to 32%. The [...]
Ithaca Energy Inc. announces progress on the BW Athena Floating Production, Storage and Offloading (FPSO) vessel. The FPSO conversion scope, which is the responsibility of BW Offshore, has proved to be more extensive than was envisaged at the start of the project. In spite of the increase in the amount of work required, BW Offshore [...]
December 9, 2011 | Posted in
Company News,
Europe & Eurasia,
Featured,
Headlines,
News,
NEWS BY TOPIC,
News Categories,
Project Updates,
REGIONAL NEWS,
Vessels |
Read More »
![UK: Penspen Wins Subsea FEED Contract from EPC Offshore for Ithaca Energy GSA Development]()
The Offshore business stream of the Penspen Group, Andrew Palmer & Associates, has been contracted to provide the Front End Engineering Design (FEED) for EPC Offshore Limited (EPC) in support of Ithaca Energy’s Greater Stella Area (GSA) Development. Under the terms of agreement, Penspen will provide subsea FEED services to EPC for pipelines and infrastructure [...]
![UK: Ithaca Energy Starts Drilling Final Development Well for Athena Offshore Field]()
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 [...]
March 7, 2011 | Posted in
Company News,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Project Updates,
REGIONAL NEWS,
Research & Development,
Top Stories |
Read More »
![Ithaca Energy: Athena Field Development Ops & FPSO Modifications Progress as Planned (UK)]()
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 Sedco 704 drilling unit (image above) is now being anchored on location over the Athena field ready to commence [...]
January 12, 2011 | Posted in
Company News,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
Research & Development,
Top Stories,
Vessels |
Read More »
![UK: Ithaca Energy Awards Flowline Installation & FPSO Mooring System Contract for Athena Field]()
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, announces that the contracts for the installation of subsea equipment and the installation of the FPSO mooring system for [...]
December 2, 2010 | Posted in
Company News,
Contracts & Tenders,
Europe & Eurasia,
Featured,
Headlines,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
Videos |
Read More »
![UK: Ithaca Energy Expands Its Portofolio in the Greater Stella Area]()
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 success in the UKCS 26th Seaward Production License Round, expanding the Company’s portfolio in the Greater Stella Area. Ithaca has been [...]
November 1, 2010 | Posted in
Company News,
Contracts & Tenders,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
Research & Development,
Top Stories |
Read More »
