INEOS is in conversation with the Oil and Gas Authority (OGA) as to the ongoing moratorium and specifically the science around seismicity risk assessment and operational monitoring. INEOS believe the shale resources in the UK can still play a key role in the UK’s energy provision for the ...
INEOS is the largest producer of many polymers, linked petrochemical products such as polyethylene and polypropylene. Polyethylene Polypropylene PVC Polystyrene PRODUCTS Oil and Gas We all depend on oil and gas. With the steady demand for energy, oil and gas will be essential for many dec...
INEOS is one of the world’s largest chemical producers and a significant player in the oil and gas market. Learn more about who we are, today.
Ineos has announced that it has agreed to acquire the DONG oil and gas business from Danish Oil and Natural Gas (DONG Energy; Fredericia, Denmark) for $1.05 billion, plus contingent payments of $150 million related to the Fredericia stabilization plant and up to $100 million subject to the ...
Currently, there is a moratorium on all unconventional exploration and development. INEOS is in conversation with the Oil and Gas Authority (OGA) as to the ongoing moratorium and specifically the science around seismicity risk assessment and operational monitoring. INEOS believe the shale resources in...
In August it bought BG Group’s 51% stake in the shale layer of an exploration licence (PEDL 133) which covers 329 square kilometres surrounding its Scottish refining and petrochemical plant at Grangemouth. At the time Gary Haywood, CEO of INEOS Upstream, the company’s new oil and gas expl...
In a statement on its website, INEOS said: “This investment will rejuvenate FPS, delivering a long-term asset that meets the needs of North Sea oil and gas producers.”
Austin-Ineos Energy has finalized the purchase of a portion of Chesapeake Energy's oil and gas assets in the Eagle Ford Shale in South Texas for $1.4-billion. The transaction, which marks Ineos Energy's entry as operator into the U.S. onshore oil and gas market, includes 2,300 wells ...
Ineos E&P, a division of Ineos Energy, has agreed to buy all oil and gas interests of Hess in Denmark in a deal valued at $150m.
Ineoswill develop the Solsort West field in the North Sea with its partners Danoil and Nordsøfonden, with first production of oil and gas expected in the fourth quarter of 2023. Gas production from the field will cover 10 per cent of Danish consumption, Ineos said. In approving the deve...