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- Eni would contribute its UK business in exchange for the issuance of new Ithaca Energy shares. (Photographer: Alessia Pierdomenico/Bloomberg) Acquiring the assets, which include recently purchased fields from Neptune Energy Group, would boost Ithaca’s North Sea production at a time when larger players are withdrawing from the aging basin.
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Oct 3, 2024 · Ithaca Energy is pleased to announce the completion of its transformational combination with substantially all of Eni S.p.A.’s UK upstream oil and gas assets.
- Exclusivity Agreement for a potential transformational ...
Ithaca Energy, a leading independent oil and gas operator in...
- Exclusivity Agreement for a potential transformational ...
Apr 23, 2024 · Ithaca Energy has agreed a deal to acquire almost all of Eni’s UK oil and gasfields in a transaction worth about £750mn that will turn the London-listed company into one of the North Sea’s...
- Rachel Millard
Apr 23, 2024 · San Donato Milanese (Milan), 23 April 2024 – Eni S.p.A. (“Eni”) is pleased to announce today that it has reached an agreement on the combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities (“Eni UK Business”) with Ithaca Energy plc, (“Ithaca”), marking a strategic move ...
Oct 3, 2024 · Ithaca Energy completed a 754 million pound ($993 million) deal to buy nearly all of Eni's UK oil and gas producing assets, it said on Thursday, an all-share transaction to create one of...
Mar 27, 2024 · Ithaca Energy, a leading independent oil and gas operator in the UK North Sea, today announces that it has entered into an exclusivity agreement (the “ Exclusivity Agreement ”) in relation to a potential transformational combination with substantially all of Eni S.p.A.’s (“ Eni ”) UK upstream assets including the recently acquired Neptune Energy...
Apr 24, 2024 · North Sea operator Ithaca Energy has agreed to acquire almost all of the upstream assets of Eni in the UK in an all-stock deal worth around £754m. The deal excludes the East Irish Sea assets and carbon capture, utilisation, and storage (CCUS) activities of Eni in the UK.
Oct 3, 2024 · Italy’s energy giant Eni has fused its upstream assets in the UK, excluding East Irish Sea ones and carbon capture, utilization, and storage (CCUS) activities, with Delek’s Ithaca Energy, a North Sea oil and gas operator and producer.
