Ithaca Energy plc
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Ithaca Energy plc is a company on the UK Companies House register with documented links to business activity in the Israeli-occupied territories. This profile is part of UK companies linked to 'Israel'; see UK companies linked to 'Israel': Methodology for how companies were selected and scored.
Profile
| Ithaca Energy plc | |
|---|---|
| Trade name | |
| Logo | 
|
| Type | Public limited Company |
| Founded | 15 October 2019 |
| Founder(s) | |
| Defunct | |
| Headquarters | 33 Cavendish Square, London, England, W1G 0PP |
| Industry | 64209 - Activities of other holding companies not elsewhere classified |
| Services | |
| Parent | Eni UK Limited |
| Subsidiaries | |
| Revenue | |
| Number of employees | |
| Homepage | ithacaenergy.com |
- Category: B – UK-listed subsidiary of OHCHR-listed parent (Delek Group Ltd)
- Company number: 12263719[1]
- Status: Active
- Type: Public limited Company
- SIC: 64209 - Activities of other holding companies not elsewhere classified
- Registered office: 33 Cavendish Square, London, England, W1G 0PP
- Previous names: Ithaca Energy Limited (07 Oct 2022 – 01 Nov 2022); Delek North Sea Limited (15 Oct 2019 – 07 Oct 2022)
- Listing / market cap: LSE: ITH – market cap ≈ US$6.52bn (Oct 2026).[2]
Persons with significant control (CH):[1]
- Eni UK Limited (active) — address: Eni House, 10 Ebury Bridge Road, London, England, SW1W 8PZ Notified on 3 October 2024 Governing law England & Wales Legal form Private Limited Company Nature of control Ownership of shares – More than 25% but not more than 50% Ownership of voting rights - More than 25% but not more than 50% Right to appoint or remove directors
- Delek Group Ltd (active) — address: 19 Abba Eban Blvd, Herzeliya, Israel, 4612001 Notified on 15 October 2019 Governing law Israeli Legal form Corporate Place registered Israel Registration number 520044322 Incorporated in Israel Nature of control Ownership of shares – More than 50% but less than 75% Ownership of voting rights - More than 50% but less than 75% Right to appoint or remove directors
Directors (CH; 22 director appointments, 14 current; † = Israel correspondence address, 2 appointments):[1]
| Name | Born (month/year) | Service | † |
|---|---|---|---|
| David John Blackwood | March 1954 | Oct 2022–present | |
| Lynne Clow | September 1971 | Oct 2022–present | |
| Yaniv Friedman | April 1974 | Jun 2024–present | |
| Francesco Gattei | February 1969 | Oct 2024–present | |
| Assaf Ginzburg | April 1975 | Oct 2022–present | |
| Deborah Jane Gudgeon | July 1960 | Oct 2022–present | |
| Iain Lewis | December 1977 | Oct 2022–present | |
| Geraldine Mary Murphy | June 1965 | Oct 2025–present | |
| Tamir Polikar | August 1965 | Oct 2024–present | |
| Itshak Sharon Tshuva | July 1948 | Mar 2023–present | |
| Luciano Maria Vasques | April 1963 | Oct 2024–present | |
| Luca Vignati | March 1963 | Aug 2026–present | |
| Idan Wallace | January 1977 | Oct 2022–present | |
| Zvika Zivlin | April 1965 | May 2024–present | |
| Joseph Asaf Bartfeld | February 1952 | Oct 2019–Jul 2020 | † |
| Alan Alexander Bruce | January 1982 | Oct 2022–Jan 2024 | |
| Guido Brusco | April 1970 | Oct 2024–Aug 2026 | |
| Graham Andrew Forbes | September 1970 | Oct 2019–May 2020 | |
| John Mogford | May 1953 | Oct 2022–May 2024 | |
| Gilad Myerson | March 1976 | Jan 2020–May 2024 | |
| Leora Pratt Levin | October 1962 | Jul 2020–Oct 2022 | † |
| Leslie James Thomas | March 1957 | Oct 2019–Aug 2020 |
Current secretary: Julie McAteer[1]
Latest accounts (income/expenditure): FY2025 (group): revenue US$2.916bn; adjusted EBITDAX US$2.031bn; profit before tax US$840.3m; reported loss after tax US$84.1m.[3] Group accounts filed at CH 3 Jun 2026.
Documented OPT activity:
- Delek Group listed under (e),(g) in 2020[4] and 2025;[5] Who Profits: Delek Israel Fuel operates stations in settlements incl. Giv'at Ze'ev, Ma'ale Adumim, Michmash.[6][7]
- Delek held 50.5% after Sept 2025 placing; ultimate controlling person per TR-1: Itshak Tshuva.[8] Eni UK holds ~35.9%.
Controversies:
- None specific to Ithaca located re OPT.
Links to Israeli government / WZO / JNF / JA / Keren Hayesod / security apparatus / IDF: Parent-level: AFSC reports Delek network serves/supplies the Israeli military (unverified by primary source here). Ithaca: none.
Arms trade involvement: None.
See also
- UK companies linked to 'Israel'
- UK Companies with Address or Ownership Links to Israel - Alphabetical
- UK Companies with Address or Ownership Links to Israel - Ranked by density of connection
- UK Companies with documented links to business activity in the Occupied Palestinian territories and the occupied Golan
- UK defence, security, surveillance and dual-use technology companies with documented business ties to 'Israel'
- UK companies linked to 'Israel': Methodology
Notes
- ↑ 1.0 1.1 1.2 1.3 Ithaca Energy plc overview. Companies House.
- ↑ Ithaca Energy (ITH.L) - Market capitalization.
- ↑ Full Year 2025 Results – A year of strong strategic and operational execution.
- ↑ Database of all business enterprises involved in the activities detailed in paragraph 96 of the independent international fact-finding mission to investigate the implications of the Israeli settlements on the civil, political, economic, social and cultural rights of the Palestinian people throughout the Occupied Palestinian Territory, including East Jerusalem. United Nations.
- ↑ Database of all business enterprises involved in the activities detailed in paragraph 96 of the report of the independent international fact-finding mission to investigate the implications of the Israeli settlements on the civil, political, economic, social and cultural rights of the Palestinian people throughout the Occupied Palestinian Territory, including East Jerusalem.
- ↑ Delek Israel Fuel Company Ltd.. Who Profits Research Center.
- ↑ Delek Group Ltd. American Friends Service Committee.
- ↑ Holding(s) in Company.