Our Vision and Strategy

Our vision

Our vision is to be a leading independent oil and gas company with scale, stability and strength focused on responsibly serving energy needs, while growing value sustainably and efficiently.

Our purpose

Our purpose is to 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 mission

We are driven to succeed, maximising value through the safe, efficient and responsible production of our Group’s assets.

We can only succeed if we work together, harnessing the collective expertise and experience of our people and partners.

A strategy for our Next Era

As we enter our Next Era of growth, we do so with a proven strategy and an additional avenue for value creation, supporting a pathway to Investment Grade status. We enter our Next Era of growth, following a truly transformational journey.

Spotlight on M&A

Ithaca Energy has a rich history in delivering value-accretive M&A and successful integration, having completed nine transactions over the last six years.

Delivering material M&A begins with our ability to imagine. With a clear vision of what we want to achieve, and a deep understanding of different value levers across our core UKCS basin, we identify the opportunities that we believe can maximise value creation.

Our agility allows us to move quickly, responding to opportunities and market dislocation to deliver value accretive M&A. Moving into the integration phase, our experience allows us to efficiently integrate new assets into our portfolio, realising tangible synergies.

Our values

Our purpose is underpinned by our four core values. They guide how we work resiliently, collaboratively, openly and considerately.