WE ARE THE STRENGTH OF THE NORTH SEA
Ithaca Energy is a leading independent oil and gas operator in the North Sea with a strong track record of material value creation.
Founded in 2004, Ithaca Energy has been on a rapid growth trajectory in the last three years, following a series of transformational M&A transactions and organic growth, building operations with significant scale and longevity. Today, Ithaca Energy is one of the largest independent oil and gas companies in the UKCS, ranking second by resources and third by production.
With stakes in six of the ten largest fields in the UK North Sea and two of largest three prospective developments, we play a pivotal role in meeting the current and future energy needs of the UK. We do not take this responsibility lightly, recognising that oil and gas will continue to play an important part of the long-term energy mix as we navigate the energy transition.
We serve today’s needs for domestic energy through operating sustainably. We achieve this by harnessing our deep operational expertise and innovative minds to collectively challenge the norm, continually seeking better ways to meet evolving demands.
Our commitment to delivering attractive and sustainable returns is supported by a well-defined emissions-reduction strategy with a target of achieving net zero by 2040.