Ithaca oil north sea
11 Nov 2019 The completion of the transaction adds interests in ten producing fields to Ithaca Energy's portfolio offshore the UK, including interests in four oil 9 Feb 2020 two production platforms in the North Sea, owned by Ithaca: the FPF-1, the floating production facility located near the field. Stella, and the oil 9 Feb 2020 Ithaca in late 2019 bought Chevron's North Sea oil and gas fields for $2 billion. Under the deal, which is subject to diligence on both sides, a joint Group is now pursuing international E&P opportunities in the North Sea and North America, beginning with its acquisition of Ithaca Energy in the North Sea. 30 May 2019 The UK-based oil and gas producer Ithaca Energy, part of the Israeli Delek Group , has agreed a $2-billion deal to purchase Chevron's assets in 30 May 2019 Pro-forma the transaction, Ithaca's asset base is estimated to consist of 2P reserves of approximately 225 million barrels of oil equivalent (MMboe)
Ithaca buys Chevron North Sea in $2 billion oil deal Ithaca Energy has swooped on a North Sea rival in a multi-billion-dollar deal set to quadruple its production forecast in 2019.
30 May 2019 The UK-based oil and gas producer Ithaca Energy, part of the Israeli Delek Group , has agreed a $2-billion deal to purchase Chevron's assets in 30 May 2019 Pro-forma the transaction, Ithaca's asset base is estimated to consist of 2P reserves of approximately 225 million barrels of oil equivalent (MMboe) 31 May 2019 An Israeli-owned North Sea oil group has clinched a $2 billion deal for most of Chevron's assets in Britain, catapulting it into the region's top 30 May 2019 The Chevron deal with Ithaca Energy is subject to the approval of the Oil and Gas Authority (OGA). Captain platform Image copyright Chevron "The North Sea is a mature and technically well-understood petroleum province, like Ithaca to make money here, even in these times of lowering oil prices." 12 Nov 2019 More recently, Ithaca was the vehicle for a transformational acquisition of Chevron's North Sea oil and gas portfolio. The US$2bn deal sees 31 May 2019 LONDON: Delek Group said that its Ithaca Energy subsidiary had reached a deal to buy the bulk of Chevron's British North Sea oil and gas
OIL and gas company Ithaca Energy is to acquire ten of Chevron’s UK North Sea producing fields for US$2bn. The acquisition will make Ithaca the second largest oil and gas producer in the region. The fields will enlarge Ithaca’s existing portfolio to 18 producing field interests, and the company’s 2019 production is expected to increase to about 80,000 bbl/d of oil equivalent (60% oil and 40% gas).
31 May 2019 LONDON: Delek Group said that its Ithaca Energy subsidiary had reached a deal to buy the bulk of Chevron's British North Sea oil and gas 24 Sep 2019 Israeli oil and gas company Delek has received an offer from an of up to $250 million into its North Sea focused subsidiary Ithaca Energy. 11 Nov 2019 Israeli oil firm underlines faith in North Sea after $2bn expansion move. By Mark Williamson Group Business Correspondent. The The Captain 30 May 2019 One of Israel's largest companies Delek has offered to buy North Sea oil and gas fields from Chevron for $2 billion. Its oil and gas unit Ithaca
30 May 2019 Delek in US$2bn swoop on Chevron's North Sea assets Ellacott said: “ Chevron has a deep portfolio of high-return tight-oil opportunities and it understands the UK North Sea well, having acquired Ithaca Energy in 2017.
ABERDEEN, UK – Ithaca Energy has budgeted close to $250 million for capex programs this year in the UK North Sea. Around two-thirds of the expenditure concerns the company’s operated assets, including the Alba and Captain fields in the central North Sea, formerly operated by Chevron. Ithaca said the transaction — paid for using bank loans and a debt finance offering — established it as the second-largest independent oil and gas producer in the UK North Sea. It takes over as The agreement will see Ithaca, which is owned by Israel’s Delek Group, acquire Chevron North Sea Limited, bringing with it 10 stakes in producing oil and gasfields and increasing its 2019 output Ithaca, a subsidiary of Israel-based Delek Group, said the Chevron deal established it as the “second largest independent oil and gas producer” in the UK North Sea. The firm will operate four of The Ithaca operated Greater Stella Area is located in the heart of the Central Graben area of the Central North Sea, on the UK Continental Shelf. It is an area surrounded by various large producing fields, predominantly operated by the Majors, and numerous undeveloped discoveries. Ithaca buys Chevron North Sea in $2 billion oil deal Ithaca Energy has swooped on a North Sea rival in a multi-billion-dollar deal set to quadruple its production forecast in 2019.
“The acquisition has established Ithaca Energy as a leading UK North Sea oil and gas company with a strong outlook and the opportunity set from which to deliver material value to the Delek Group
The agreement will see Ithaca, which is owned by Israel’s Delek Group, acquire Chevron North Sea Limited, bringing with it 10 stakes in producing oil and gasfields and increasing its 2019 output Ithaca, a subsidiary of Israel-based Delek Group, said the Chevron deal established it as the “second largest independent oil and gas producer” in the UK North Sea. The firm will operate four of
OIL and gas company Ithaca Energy is to acquire ten of Chevron’s UK North Sea producing fields for US$2bn. The acquisition will make Ithaca the second largest oil and gas producer in the region. The fields will enlarge Ithaca’s existing portfolio to 18 producing field interests, and the company’s 2019 production is expected to increase to about 80,000 bbl/d of oil equivalent (60% oil and 40% gas).