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 five years, following a series of transformational M&A transactions and the Group's recent Business Combination with Eni UK (completed October 2024), creating a dynamic growth player with operations of significant scale and longevity. Today, Ithaca Energy is the largest oil and gas operator in the UKCS by resources and ranks as the second largest independent operator in the UKCS by production.

With stakes in six of the ten largest fields in the UK North Sea and two of largest developments, Rosebank and Cambo, 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 ahead of targets set out in the North Sea Transition Deal.