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Well-kent face part of senior management shake-up at Ithaca

Well-kent face part of senior management shake-up at Ithaca
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Ithaca Energy announces new leadership appointments to deliver next phase of growth following transformational business combination

Ithaca Energy announces new leadership appointments to deliver next phase of growth following transformational business combination
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Ithaca appoints ENI s Luciano Vasques CEO as Q1 profits fall

North Sea oil and gas explorer Ithaca Energy on Tuesday said it had appointed ENI executive Luciano Vasques as chief executive officer following its £750m deal to buy almost all of the Italian firm’s UK assets and reported a fall in first-quarter profits on weaker gas prices and lower production.

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The death of North Sea oil and gas? Britain s windfall tax hammers investment

Jeremy Hunt announced the Energy Profits Levy would be prolonged by another 12 months to March 2029, which he estimates will raise an extra £1.5billion for HM Treasury.

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Ithaca Energy to buy Eni s UK assets, but mothballs projects due to windfall tax

When completed, the deal will see Ithaca Energy become the second-largest operator in the UK Continental Shelf area

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