BP Weighs UK North Sea Asset Divestment in $2.69 Billion Deal

• Thursday, 4th June 2026
• by Doaa Ashraf

British Petroleum (bp) is in talks with Ithaca Energy, a North Sea oil and gas operator and producer, regarding the sale of its UK North Sea assets in a deal worth nearly $2.69 billion, according to Reuters.While nego...

Petrofac Awarded Contract Extension in the North Sea

• Wednesday, 16th September 2020
• by Editorial Team

British oilfield service provider, Petrofac, has been awarded a multi-million dollar integrated services contract by Ithaca Energy to renew its contract in the North Sea, according to a press release.   The new five-y...