Ithaca appoints contractor for Greater Stalla

published 30 July 2012

Ithaca Energy, the North Sea focused oil and gas company, has looked across the Channel for an engineer to build the sub-sea structures at its Greater Stella Area gas project.

The French engineering giant, Technip, has won the $230m contract, of which Ithaca must pay $126m as the majority owner of the licence..

Mike Travis, Greater Stella Area Asset Manager, said: "Awarding a single contract to Technip for the major sub-sea activities means that we benefit from a cost effective solution as well as accessing the full resources and execution expertise of a leading contractor".