GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Ithaca Energy announced that, following its announcement on 20th May 2025 regarding the acquisition of an additional 46.25% interest in the Cygnus gas field from Spirit Energy, it has now completed the Transaction with all conditions precedent having been satisfied.
[Read more…] about Completion of acquisition of additional interest in Cygnus FieldSpirit Energy has completed the latest in a series of activities to boost gas production from its Morecambe hub, investing approximately £20 million to maximise economic recovery from the fields, located in the East Irish Sea.
[Read more…] about Spirit Energy boosts gas production Morecambe FieldsIthaca Energy has signed a sale and purchase agreement to acquire an additional 46.25% stake in the Cygnus gas field from Spirit Energy for a purchase price of $154 million.
[Read more…] about Acquisition of additional interest in Cygnus FieldWell-Safe Solutions was awarded two new contracts totaling $25 million for well decommissioning activity in the UK Continental Shelf for Spirit Energy and an additional global operator using the Well-Safe Protector jack up and Well-Safe Defender semisubmersible.
[Read more…] about Well-Safe Solutions signs North Sea contracts worth US$25 millionFollowing the completion of plug and abandonment (P&A) specific upgrades, the Well-Safe Solutions-owned semisubmersible Well-Safe Defender is heading out to the UK North Sea to carry out a P&A campaign for Spirit Energy.
[Read more…] about Well-Safe Defender heading out to North Sea for first decommissioning job
