Ithaca Energy is driven by pragmatism and balance. Pragmatism, because the world still needs oil and gas. Balance, because we recognise our responsibilities to produce these resources with the lowest impact on our environment.
We have built a diverse and high value portfolio of operated and non-operated assets across the Northern & Central North Sea and West of Shetland. With a mix of producing, development, appraisal and exploration assets, we will leverage our deep operational expertise across the full E&P lifecycle to generate value across our portfolio.
We are proud of our North Sea heritage, our strong commitment to safety and our reputation for operational excellence and technical innovation. With a large operated base, we control our own destiny. We adopt the most advanced technologies and thinking to maximise field recovery and returns. We see value where others may not, investing in low-cost, high return brownfield developments close to our existing infrastructure.
With continued drive and ambition to forge a new future for the North Sea, we will invest in our material greenfield project portfolio, providing long life production to meet the UK’s energy needs to 2040 and beyond. In so doing, we will fundamentally transition our portfolio to lower emission-intensity assets in the medium to long term.
Put simply, our goal is to maximise value through the safe, efficient and responsible production of our assets.
Ithaca Energy has a solid and diversified producing asset portfolio, generating significant free cashflow, and material upside potential from an attractive pipeline of greenfield development opportunities. Our operated assets are located in the Northern and Central North Sea, West of Shetland and Moray Firth areas of the UK Continental Shelf.
The Ithaca-operated Alba oil field has been developed via platform and subsea wells, with oil exported from the field’s Floating Storage Unit (FSU) via shuttle tankers.
Discovered in 1975, Alder is a high-pressure, high-temperature (HPHT) gas condensate field, approximately 17 miles (28 km) to the west of the Britannia field.
Ithaca operated future development field to be developed using a purpose-built Sevan FPSO and modern equipment to reduce emissions.
The Ithaca-operated Captain oil field has been developed via platform and subsea wells, with oil exported from the field’s Floating Production and Offloading (FPSO) vessel via shuttle tankers.
The Ithaca-operated field tied back subsea to the Anasuria floating production, storage and offloading vessel.
The Erskine field lies approximately 150 miles (241 km) north-east of Aberdeen, Scotland, in the Central North Sea, in water depths of about 296 feet (90 m).
Ithaca Energy's portfolio includes a variety of non-operated assets in the UKCS.
The Chrysaor-operated Britannia gas-condensate field has been developed via platform infrastructure that also serves as the host for four nearby satellite fields.
The Brodgar gas condensate field lies 89 miles (143km) north-east of Aberdeen, Scotland, in the UK Central North Sea.
The Broom oil field is located in Block 2/4a and lies approximately 310 miles (500km) from Aberdeen, Scotland, in the Northern North Sea area of the UK Continental Shelf, in water depths of approximately 485 feet (147m).
The Callanish oil field lies 98 miles (158km) north-east of Aberdeen, Scotland, in the UK Central North Sea, in water depths of about 490 feet (150 metres).
The Dons area consists of the Don Southwest, West Don, Conrie and Ythan oil fields located in the Northern North Sea area of the UK Continental Shelf,
The TotalEnergies-operated Elgin / Franklin fields developed via one manned and two normally unmanned platform facilities, with condensate exported via the Forties Pipeline System and gas via the SEAL pipeline.
The Enochdhu oil field lies 100 miles (160km) northeast of Aberdeen, Scotland, in the UK Central North Sea, in water depths of approximately 460 feet (140m).
Harbour Energy operated field developed using a Normally Unattended Installation that is tied back via a subsea pipeline to Judy installation.
Equinor operated field consisting of a production, drilling, and living quarters (PDQ) platform on a steel jacket and a floating oil storage unit (FSU).
Shell operated field developed by subsea wells tied into the Haewene Brim floating production, storage and offloading vessel.
Equinor operated future development field to be accelerated by redeploying the Petrojarl Knarr FPSO.
BP operated field redeveloped to unlock remaining reserves and extend field life as part of BP’s Quad 204 project.
At Ithaca Energy we support the environment by operating in a responsible manner. View our current Environmental Statements and public notices.
Ithaca Energy is committed to maximising economic recovery and late life operations of all our assets and we will plan their decommissioning in a safe, environmentally friendly and efficient manner.
We are committed to achieving excellence in Health, Safety and Environmental (HSE) performance across all of its operations. We consider our HSE performance and the health, safety and security of those who work for, with and alongside us as central to our business success.