Ithaca acquires Marubeni’s UK North Sea subsidiary
Nov. 30, 2021
Ithaca Energy has issued an update on recent developments affecting the company’s projects in the UK central North Sea.
(Courtesy Ithaca Energy)
The Alba Northern platform in the UK central North Sea.
Offshore staff
ABERDEEN, UK – Ithaca Energy has issued an update on recent developments affecting the company’s projects in the UK central North Sea.
In September the company agreed to acquire an additional 13.3% interest in the Alba field from Mitsui E&P UK, lifting its share of the field to 36.7%.
Earlier this month it agreed to acquire 100% of the share capital of Marubeni Oil & Gas UK for $140 million.
Drilling continued on the Ithaca-operated Fotla oil discovery with two appraisal side tracks, using the Awilco semisubmersible WilPhoenix.
In August the jackup Valaris 120 drilled an exploration well on the Harbour Energy-operated Jade South prospect.
Earlier, Heerema’s crane vessel Thialf completed removal of the Jacky platform topsides and jacket structure, which included a central column and suction pile foundation.
