
North Sea oil firm Ithaca lifts output forecast after £754m takeover - but the deal will see job losses
By JANE DENTON Updated: 05:47 EDT, 26 March 2025 North Sea oil and gas firm Ithaca Energy forecast higher 2025 production on Wednesday, encouraged by its acquisition of the British assets of Eni. Ithaca Energy snapped up nearly all of Eni's British oil …