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North Sea production shut-in due to a "hairline" crack in a pipeline is costing operators US$26.68 million a day in…
A "hairline" crack in the Forties Pipeline System (FPS), which in 2017 brought 40% of North Sea oil onshore to…
Monday, 04 December 2017 03:42

Siccar to drill Lyon prospect in 2018

UK explorer Siccar Point Energy E&P has signed up a rig to drill a well on the Lyon prospect, west…
Chemicals and oil products group Ineos' subsidiary Ineos UK SNS has agreed to acquire a majority stake in two West…
Tuesday, 07 November 2017 03:23

INEOS inks well testing contract with Expro

Chemicals and oil products firm INEOS, which has UK upstream assets, has awarded a two-year well testing contract to oilfield…
INEOS has completed its acquisition of the North Sea Forties Pipeline System (FPS) and associated pipelines and facilities and the…
Thursday, 28 September 2017 10:29

Updated: DONG, Ineos complete divestment deal

DONG Energy completed the divestment of its upstream oil and gas business, DONG E&P to Ineos, creating Ineos DeNoS. Image…
Friday, 01 September 2017 00:00

A new production paradigm

New players are entering the aging North Sea basin, but there’s still ambitions to increase exploration as well push forward…
Published in OE: 2017 / September
Wednesday, 24 May 2017 02:38

Ineos acquires DONG's E&P business

DONG Energy has today agreed to sell its E&P business, including a stake in the Rosebank field, west of Shetland,…
Published in OE Daily: 2017 / May
UK-based, Calgary-listed Sterling Resources has completed a deal to sell its UK business to Amsterdam-based Oranje‐Nassau Energie for US$113.8, including…
Published in OE Press: 2017 / May
Monday, 03 April 2017 08:59

BP to sell Forties Pipeline assets

BP has agreed to sell its Forties Pipeline System (FPS) business to INEOS in a US$250 million deal, to focus…
Published in OE Press: 2017 / April
Wednesday, 22 March 2017 04:25

RockRose makes more acquisitions

RockRose Energy has agreed a deal to acquire Egerton Energy Venture's share capital, in a move which will see it…
Published in OE Press: 2017 / March
Thursday, 08 September 2016 03:30

INEOS secured US$294 million financing

INEOS UK E&P Holdings has secured a five-year US$294,000 million (£220 million) reserve-based lending facility, which it plans to use…
Friday, 30 October 2015 04:13

INEOS buys more North Sea assets

Chemicals company INEOS has increased acquired the 25% interest in the Clipper South gas field, further increasing its ownership in…
Monday, 12 October 2015 10:32

INEOS acquires DEA North Sea fields

INEOS has agreed to acquire a strong portfolio of natural gas assets in the North Sea from a UK subsidiary…