Controversial Cambo oil field a 'huge opportunity', Ithaca Energy boss insists
Ithaca Energy is now the major stakeholder in the Cambo development after it acquired Siccar Point Energy.
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Ithaca Energy is now the major stakeholder in the Cambo development after it acquired Siccar Point Energy.
Ithaca Energy buys Siccar Point, which paused project when Shell pulled out after environmental opposition
Ithaca Energy has reached an agreement to acquire Siccar Point Energy. The acquisition will accelerate Ithaca’s growth, positioning it as one of the leading E&P operators in the UK North Sea through the addition of four of the UK’s largest oil and gas fields to its portfolio.
Ithaca Energy has brokered a deal to purchase Siccar Point Energy, which operates the controversial Cambo oil project in the UK’s North Sea.
Environmental groups claim change of ownership for the controversial Cambo oil and gas field won't alter the prospects for ‘doomed’ project.