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...
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...
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...
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...
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...
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...
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...
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...
