Ithaca Energy plc is a British based, Israeli owned, oil and gas company operating in the North Sea.

It shifted its focus to the North Sea and grew through acquisitions and organic development and moved to the UK when it took over operations in the Beatrice oil field in 2008.

[13] Ithaca Energy's core business is the exploration, development, and production of hydrocarbons in the UK Continental Shelf.

[14] Its portfolio comprises a mix of operated and non-operated assets, spread across the Northern and Central North Sea, as well as West of Shetland.

Ithaca is a subsidiary of Delek, a company which the UN reported as supplying services and utilities supporting the maintenance and existence of Israeli settlements in Palestine.