Ithaca-Eni upstream oil & gas combination gives birth to UK's ‘largest resource holder’ in North Sea

Cygnus gas field in the southern North Sea; Source: Neptune Energy, which became part of Eni following merger and is now part of enlarged Ithaca Energy

Ithaca-Eni upstream oil & gas combination gives birth to UK’s ‘largest resource holder’ in North Sea

Eni has fused its upstream assets in the UK, excluding East Irish Sea ones and carbon capture, utilization, and storage (CCUS) activities, with Delek’s Ithaca Energy, a North Sea oil and gas operator and producer.