The transaction will enhance Ithaca Energy's working interest in the Seagull oilfield in the UK North Sea from 35% to 50%.

Ithaca Energy said on Tuesday it would acquire Japan Petroleum Exploration's (Japex) UK unit for $193 million, as it seeks to ...

Seagull, a subsea tie back to the BP operated central processing facility of the Eastern Trough Area Project, is located in ...

Ithaca Energy will acquire additional interest in bp plc-operated Seagull field through a $223 million-deal with Japan ...

Ithaca is acquiring Japex UK from Japan Petroleum Exploration Co Ltd. Japex UK holds a 15% stake in Seagull. The deal ups Ithaca's holding to 50% from 35%, meaning it will own the same interest as BP ...