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 Petroleum Exploration Co. Ltd.

Ithaca will take on about $215 million of JAPEX UK E&P Ltd's (JUK) material tax losses and about $105 million in losses from energy profit levies in the UK. The deal will help Japex hive off its 15% ...

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 ...