Keyword: North Sea

News

Ineos-Conoco North Sea Deal Dead

05.02.2019 - As had been expected, the multi-billion dollar thrust by Ineos to buy North Sea oil fields from ConocoPhillips has run aground on price uncertainties. The US energy major has now...

News

Ineos says Forties Flow Returning to Normal

03.01.2018 - The Forties Pipeline that carries an estimated 40-45% of liquids output from the UK’s North Sea oilfields to the mainland is expected to return to normal flow rates of some 450,000...

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Ineos buys more Offshore Gas Licenses

22.11.2017 - The increasingly acquisitive Ineos is pumping more money into the search for offshore oil and gas reserves in the North Sea. In its latest move, the Swiss-based chemical producer...

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Commission Clears Ineos-BP Pipeline Deal

20.07.2017 - The European Commission has approved Ineos’ acquisition of BP’s North Sea pipelines for up to $250 million. The deal includes the Forties Pipeline System (FPS) that links 85 oil...

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Ineos Takes BP Pipeline for $250 Million

04.04.2017 - As widely expected, Ineos has clinched a deal with BP to buy the Forties Pipeline System (FPS) that transport 575,000 bbl/d of oil from the UK’s first major offshore oil field...

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Ineos to Supply Ethane to Mosmorran Cracker

10.11.2015 - Ineos is emerging more and more as an indirect supplier and potential direct provider of shale gas-derived ethane to third parties rather than just a consumer. Hardly a day goes by...

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Ineos to Buy DEA’s North Sea Gas Fields

12.10.2015 - In a sale mandated by the British government, Ineos Upstream, a company recently formed by the Ineos Group to acquire and manage oil and gas assets, has bought 12 gas fields in the...

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Ineos Seeks Leaders for Move Into Offshore Exploration

26.11.2014 - As a further step toward expanding its upstream business, Ineos is advertising for qualified personnel to lead a planned move into the offshore oil and gas exploration sector...