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    1. Production

    Ithaca concludes Chevron North Sea transaction

    Nov. 11, 2019
    Ithaca Energy Ltd. has completed its $2-billion purchase of Chevron North Sea.
    (Courtesy Ithaca Energy)
    The company acquired 85% interest in the Captain field in the UK North Sea.
    The company acquired 85% interest in the Captain field in the UK North Sea.

    Offshore staff

    ABERDEEN, UK – Ithaca Energy Ltd. has completed its $2-billion purchase of Chevron North Sea.

    The transaction gives the company 10 more producing field interests in the UK North Sea, which are as follows:

    Chart1111

    Chevron remains financially responsible for the decommissioning obligations of its former subsidiary in the Heather and Strathspey fields and for costs involved in the Cambo exploration well west of Shetland.

    11/11/2019