$ITH.L

4 stories mentioning ITH.LUpdated 21d ago

Every FINWIRES story that references ITH.L, newest first.

Market Chatter: BP Explores Sale of UK North Sea Assets After Failed Talks with Ithaca Energy

BP (BP.L) is exploring potential agreements concerning the sale of its UK North Sea assets after failed negotiations with Ithaca Energy (ITH.L), London's Financial Times reported Tuesday, citing people familiar with the process.The oil and gas company reportedly discussed a deal with the British oil and gas company worth close to 2 billion pounds sterling, but talks failed in recent weeks.The potential assets sale with other prospects is happening amid BP's restructuring under Chief Executive Officer Meg O'Neill to shift its focus on oil and gas production, the report added.BP did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$BP.L$ITH.L

Equities27d ago

Ithaca Unit Prices EUR155 Million Additional Senior Notes Offering

Ithaca Energy (ITH.L) said Thursday its Ithaca Energy (North Sea) subsidiary priced its offering of 155 million euros of additional 5.5% senior notes due 2031 through a private placement.The North Sea-focused exploration and production company said the new notes will have the same terms as its existing 450 million-euro senior notes also due in 2031.

$ITH.L

Equities35d ago

Ithaca Energy Turns to Q1 Profit; Revenue Up

Ithaca Energy (ITH.L) said Wednesday that it swung to a profit in the first quarter, while revenue rose year over year.Profit for the three months ended March 31 was $67.4 million, compared with a loss of $258.7 million a year ago. EPS moved to $0.041 from a loss per share of $0.157.The oil and gas company's revenue was $878.7 million, compared with $707.4 million earlier.

$ITH.L

Equities40d ago

Prosafe to Provide Accommodation Support for Ithaca Energy in UK North Sea

Prosafe (PRS.OL) said Friday it signed a contract to offer accommodation to the crew of oil and gas company Ithaca Energy (ITH.L) at the Captain field in the UK North Sea.The Norwegian accommodation vessel operator will provide its Safe Caledonia vessel. The agreement is valued at between $30 million and $44 million.

$ITH.L$PRS.OL

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