The London-listed independent is acquiring a 75% operated interest in the Austen discovery from Engie E&P while also boosting its stake in the Vorlich-Marconi find from 17% to 33% under separate deals worth a total of less than $6 million disclosed on Tuesday.
Upstream reported in June that BP and Engie were in talks with Ithaca about the possibility of using the GSA hub as a host for production from the Vorlich-Marconi discovery.
Ithaca