Ithaca Energy acquires full ownership of Cambo oil field from Shell
Ithaca Energy (LON: ITH) has successfully acquired the remaining 30% stake in Cambo from Shell U.K. Limited, taking its ownership to 100% as of 12 September 2023. The deal, focusing on minimal near-term cost exposure, involves payment upon first oil or after any subsequent sale of a working interest in Cambo by Ithaca Energy, conditional […]