Ithaca Energy Limited is an independent upstream oil and gas company focused on the UK North Sea. Headquartered in Aberdeen, it explores, develops, and produces hydrocarbons across the UK Continental Shelf through a mix of operated and non-operated interests. The company is listed on the London Stock Exchange and is majority-owned by Delek Group.
Ithaca’s portfolio spans mature producing hubs, brownfield redevelopment, subsea tiebacks, and development-stage projects across the Central and Northern North Sea and West of Shetland. Its activities cover the full asset lifecycle—from appraisal and field development to late‑life operations and decommissioning—with an emphasis on operational safety, reliability, and emissions management.
TechnipFMC to design, manufacture, and install flexible risers for Captain field in the U.K. North Sea, enhancing production and supporting future development.
NewCo to manage 19 assets, invest $15B, and boost production to 500,000 boe/d, focusing on exploration and sustainable growth in Indonesia and Malaysia.