Ithaca Energy exploits the Rosebank resource base for production.
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Ithaca Energy exploits the Rosebank resource base for production.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Equinor and Shell join Ithaca Energy as backers of Rosebank profits; Miatta Fahnbulleh discusses the decision.1 source
- Multiple companies experienced market changes, including Entain slipping to FTSE 250 and EasyJet demoting/rejoining FTSE 100, alongside Ithaca Energy's stake in Rosebank.Sub-event
- Ithaca Energy, a partner in the Rosebank development, is facing market pressures from the Iran-related oil price hikes and a new windfall tax introduced by the former Conservative Government.Sub-event
Successful exploitation of the Rosebank resource base by Ithaca Energy.1 source
Keep exploring
Part of
Rosebank oilfield development amid UK Net Zero policy clashAlso in this story
- Energy policy discussions near Aberdeen involve Stephen Gethins, Shell's Jackdaw involvement, and Miatta Fahnbulleh commenting on the gas field decision.
- The Labour Party, now leading the British government, plans to develop the Rosebank oilfield despite opposition from the Net Zero ministry.
- Bowie criticized Burnham over Rosebank delays, while Fahnbulleh's approval of Jackdaw was postponed until the Holborn by-election.
- The government is scheduled to decide on the future of the Rosebank oil field.
The entities involved
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Ithaca Energy
British oil and gas company
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Rosebank
place in Gauteng, South Africa
- Nicola Sturgeon opposes the opening of the Rosebank oil field as Andy Burnham's government considers the drilling plan.
- Operational issues arise at the Rosebank project, including equipment loss in the Atlantic, while Andy Burnham considers licensing approvals, and Shell operates through the Adura joint venture.