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Ithaca Energy announces full year 2023 results

Ithaca Energy announces full year 2023 results
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Ithaca Energy eyes first oil production in 2026 from Rosebank field in UK North Sea

Ithaca reported an estimated 2023 net Rosebank capital spend of $97 million, in line with management guidance of $90 - $110 million. This reflects the meaningful activity in 2023 as project activity ramps up to support a targeted first oil date in 2026/27.

Equinor enlists Optime Subsea s ROCS system to transform Rosebank production

The ROCS system, developed by Optime Subsea, transforms the installation of production tubing in subsea wells by eliminating the need for umbilicals. This results in significantly safer and faster operations while reducing the need for personnel in the red zone on the rig.

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