Who is leaving Ithaca Energy and when?

Chief executive Luciano Vasques, 63, plans to retire early next year, according to Energy Voice on 16 October 2026. The board has started a search for his replacement.

How did Vasques come to lead Ithaca Energy?

Ithaca's 28 May 2024 announcement said he would become chief executive on completion of the Eni UK combination. He had been managing director of Eni UK, per Sharecast's coverage of that appointment.

Does the search change North Sea output?

Nothing in the reporting says so. The report contains no production figures, so any output or strategy effect is unconfirmed.

Ithaca Energy Opens Search to Replace CEO Vasques

Ithaca Energy's chief executive plans to retire early next year and the board has opened a search. No successor or output data accompanied the news.

Ithaca Energy's chief executive Luciano Vasques plans to retire early next year, and the board has begun a search for a successor, Energy Voice reported on 16 October 2026. It is a leadership change, not an operating one: the report gives no production figures, no named successor and no timetable beyond early next year.

The Gulf Barrel Desk October 18, 2026 Updated October 18, 2026 · 2 min read

Ithaca Energy has started a search to replace chief executive Luciano Vasques, who is 63 and plans to retire early next year, according to Energy Voice.
Vasques joined Ithaca in 2024 from Eni, which Energy Voice describes as Ithaca's shareholder.
Executive chairman Yaniv Friedman thanked Vasques for his support during what he called a transformational time for the company.
The report gives no production, spending or financing figures and names no successor, so any effect on North Sea output is unconfirmed.
This is analysis of a governance event, not a trading call or investment advice.

Ithaca Energy has opened a search for a new chief executive because Luciano Vasques plans to retire early next year, Energy Voice reported at 7:38 am on 16 October 2026. The confirmed facts are the retirement plan and the start of the search. No successor has been named, and the report carries no production, cost or balance-sheet figures.

What the report says about the departure

Energy Voice says Vasques, 63, announced plans to retire early next year after joining Ithaca in 2024 from Eni. Ithaca's own 28 May 2024 announcement set out his appointment on completion of the Eni UK combination. Executive chairman Yaniv Friedman thanked him for his support during what he called a transformational time for the company. The retirement notice itself rests on this one trade report; this desk has not found a separate regulatory announcement of it.

What the succession does not settle

Eni, which Energy Voice describes as Ithaca's shareholder, supplied the chief executive in 2024, so the next appointment will show whether that link continues. The report does not say whether the board will look inside or outside the company, and it gives no production, spending or financing figures. Any read-through to North Sea output is therefore unconfirmed. This is analysis, not trading advice, and nothing here is a call on any security.

Who is leaving Ithaca Energy and when?: Chief executive Luciano Vasques, 63, plans to retire early next year, according to Energy Voice on 16 October 2026. The board has started a search for his replacement.
How did Vasques come to lead Ithaca Energy?: Ithaca's 28 May 2024 announcement said he would become chief executive on completion of the Eni UK combination. He had been managing director of Eni UK, per Sharecast's coverage of that appointment.
Does the search change North Sea output?: Nothing in the reporting says so. The report contains no production figures, so any output or strategy effect is unconfirmed.

Ithaca launches search to replace CEO Luciano Vasques — Energy Voice
Board of Directors & Executive Management Changes (28 May 2024) — Ithaca Energy (RNS via Investegate)
Ithaca appoints ENI's Luciano Vasques CEO as Q1 profits fall — Sharecast