 | |
| Company type | Public |
|---|---|
| Industry | Energy |
| Founded | 2004 |
| Headquarters | Aberdeen, Scotland |
Key people | Gilad Myerson (Chairman) Alan Bruce (CEO) |
| Revenue |  $2,319.8 million (2023) [1] |
| $486.1 million (2023) [1] | |
| $215.6 million (2023) [1] | |
| Parent | Delek Group |
| Website | investors |
Ithaca Energy plc is a British based, Israeli owned, oil and gas company operating in the North Sea. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [2]
The company was established in Canada in 2004 and moved to the UK when it took over operations in the Beatrice oil field in 2008. [3] [lower-alpha 1]
In December 2010, Ithaca Energy became operator of the Anglia gas field by acquiring 30% stake in the field from GDF Suez E&P UK. [5] [lower-alpha 2]
It traded on the Alternative Investment Market until it was acquired by an Israeli-based company, Delek Group, in 2017. [7]
The company acquired Siccar Point Energy for $1.5 billion, giving it stakes in the Rosebank oil and gas field and the Cambo oil field, in July 2022. [8] [9]
The company was the subject of an initial public offering on the London Stock Exchange in November 2022. [10] [11] [12] .
Delek Group still retains in excess of 75% ownership and voting rights. [13]
The company has a 20% stake in the non-operating Rosebank oil and gas field and 70% stake in the operating Cambo oil field. [7]
Centrica plc is a British multinational energy and services company with its headquarters in Windsor, Berkshire. Its principal activity is the supply of electricity and gas to consumers in the United Kingdom and Ireland.
Engie Energy International, formerly International Power, is a multinational electricity generation company headquartered in Newcastle upon Tyne, and a wholly owned subsidiary of the French company Engie.
Capricorn Energy plc is a British oil and gas exploration and development company based in Edinburgh, Scotland.
Premier Oil plc was an independent UK oil company with gas and oil interests in the United Kingdom, Asia, Africa and Mexico. It was devoted entirely to the 'upstream' sector of the industry — the exploitation of oil and gas — as opposed to the 'downstream' refining and retail sector. It was listed on the London Stock Exchange until it was acquired by Chrysaor Holdings and then merged into Harbour Energy in March 2021.
NOGAT is a natural gas pipeline system which connects Dutch continental shelf with an onshore gas plant and terminal at Den Helder, the Netherlands. The system has been operational since 1992. The Danish continental shelf pipeline system is connected to the NOGAT through the Tyra West – F3 pipeline and the German continental shelf pipeline system is connected to the NOGAT through A6-F3 pipeline.
The Abu Dhabi National Oil Company, known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE).
Engie SA is a French multinational utility company, with its headquarters in La Défense, Courbevoie, which operates in the fields of electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum. It is active in both upstream and downstream activities.
Theddlethorpe Gas Terminal (TGT) is a former gas terminal on the Lincolnshire coast on Mablethorpe Road at Theddlethorpe St Helen close to Mablethorpe in East Lindsey in England. It is just off the A1031 and next door to a holiday camp and Mablethorpe Seal Sanctuary and Wildlife Centre.
Essar Energy plc is Mauritius-based Indian energy company with assets in the power and oil and gas businesses. Headquartered in Port Louis, Mauritius and subsidiary of Essar Group, the firm has interests in both the power generation and petroleum industries. In May 2014 the company was acquired by its majority shareholder, Essar Global Fund Limited.
The Khvalynskoye gas field is a conventional gas condensate field located in the Kazakhstan's sector in the northern part of the Caspian Sea. It lies about 260 kilometres (160 mi) from Astrakhan at a sea depth of 25 to 30 metres. The operator of the project is Lukoil with 50% stake. Other partners are KazMunayGas (25%), Total S.A. (17%), and GDF Suez (8%).
Vermilion Energy is an international oil and gas producer based in Calgary, Canada. It has operations in North America, Europe and Australia. Vermilion is listed on the Toronto Stock Exchange and the New York Stock Exchange.
Aphrodite gas field is an offshore gas field off the southern coast of Cyprus located at the exploratory drilling block 12 in the country's maritime Exclusive Economic Zone and bordering the Yishai gas field, located in Israeli territorial waters. Located 34 kilometres (21 mi) west of Israel's Leviathan gas field, block 12 is believed to hold 3.6 to 6 trillion cubic feet of natural gas. In 2014, the reserve estimate for the quantity of natural gas held by Aphrodite was raised by 12% due to new data received from the Yishai prospect as reported by Delek Drilling to the Israel Securities Authority. The cost of the field's development was estimated to range from $2.5 billion to $3.5 billion.
The Absheron gas field is an offshore natural gas field in the Caspian Sea. The field is located 100 kilometres (62 mi) southeast of Baku and 25 kilometres (16 mi) northeast of the Shah Deniz gas field. It covers approximately 270 square kilometres (100 sq mi).
The Rosebank oil and gas field lies west of Shetland. It is operated by Equinor; Suncor and Siccar Point Energy. The discovery well was drilled in 2004. A final investment decision for Rosebank was planned to be taken by May 2022. In 2022, Siccar Point Energy was acquired by Ithaca Energy, a daughter company of Delek Group.
The Anglia gas field, is a natural gas field in the United Kingdom's continental shelf of the Southern North Sea. It is located in blocks 48/18 and 48/19 about 60 km (37 mi) east of the Lincolnshire coast. The reservoir is located at a depth of approximately 8,500 feet (2,600 m) subsea. The field was discovered in February 1972. Detailed seismic and appraisal well work were conducted in 1984. The reservoir was estimated to have 235 billion cubic feet of gas in place.
Energean plc is an international hydrocarbon exploration and production company, with a focus on natural gas. It is listed on the London Stock Exchange as well as the Tel Aviv Stock Exchange and is a constituent of the FTSE 250 Index.
NewMed Energy, formerly Delek Drilling, is an Israeli energy Oil & Gas partnership in the exploration, development, and production of Natural Gas and Oil. Delek group owned by Yitzhak Tshuva, is the controlling shareholder of the partnership. The partnership is traded on the Tel Aviv Stock Exchange and is part of the TA 35 Index.
Navitas Petroleum is a publicly traded, North America-focused, oil and natural Gas Exploration and production company. Navitas is traded on the Tel Aviv Stock Exchange and has offices in Houston, Texas and in Herzliya, Israel.
Harbour Energy plc is an oil and gas company based in Edinburgh, Scotland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Cambo oil field is a prospective oil and gas field in the North Atlantic, 125 kilometres (78 mi) north west of the Shetland Islands, United Kingdom. The field is in a deep section of water, some 3,440–3,610 feet (1,050–1,100 m) below sea level. Development of the field has led to criticism from green campaign groups stating it goes against the United Kingdom's reduction in carbon emissions. The project has the potential to deliver millions of barrels of oil and over 53 billion cubic feet (1.5×109 m3) of gas.