Ineos News

 

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Apr 02, 2025

INEOS Energy has completed the acquisition of CNOOC’s oil and gas assets in the Gulf of America, increasing its global oil production to over 90 thousand barrels of oil equivalent per day. The completion of the deal marks the third major investment by INEOS Energy in the United States, in the past three years and increases capital spend on energy assets by INEOS in the USA to above $3 billion.This included the 1…

First European Built CO2 Carrier for CCS Projects Officially Launched

May 14, 2025

INEOS and Royal Wagenborg have launch and named the first European built offshore CO2 carrier for carbon capture and storage (CCS) projects, marking a major for Project Greensand and CCS schemes across the EU.The CO2 carrier has been named Carbon…

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

May 05, 2025

The construction of CO2 transit terminal at Port Esbjerg in Denmark has officially started marking another milestone in the development of Greensand carbon capture and storage (CCS) project.The terminal will feature six large holding tanks, each capable of storing approximately 1…

INEOS Set for May Launch of First European Built CO2 Carrier

May 01, 2025

The first European built CO2 carrier, dedicated for work at the Greensand carbon capture and storage (CCS) project, will be christened and launched on May 14, 2025.All ship sections of the vessel have now been successfully constructed and assembled…

INEOS, Covestro Agree Eight-Year LNG Gas Supply

Apr 30, 2025

INEOS and Covestro have signed a long-term agreement for the supply of natural gas for up to eight years, starting 2027.The agreement builds on INEOS' newly established LNG supply chain, and both companies' commitment to support European industrial competitiveness…

Greensand CCS Scheme in North Sea Lines Up First CO2 Storage Customer

Apr 17, 2025

Öresundskraft Kraft & Värme and INEOS, on behalf of Project Greensand, have signed an agreement to investigate the opportunity to store up to 210,000 tonnes of CO2 annually from Sweden in Denmark.The captured carbon dioxide is planned for safe…

Svanehøj CO₂ Pumps for INEOS’ Project Greensand

Feb 10, 2025

INEOS selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in carbon capture and storage (CCS)…

INEOS Picks Up CNOOC’s US Assets in $2B Deal

Dec 16, 2024

China's CNOOC has sold its U.S. subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.The Chinese oil and gas major said CNOOC Energy Holdings U…

INEOS Orders CO2 Carrier

Nov 12, 2024

INEOS and Royal Wagenborg have signed an agreement for the delivery of a CO2 carrier dedicated to Project Greensand, led by INEOS with its partners Harbour Energy and Nordsøfonden.Project Greensand has already marked a world-first achievement by demonstrating the safe…

INEOS Energy Puts New Equipment into Operation to Boost Breagh Gas Flow

Oct 10, 2024

INEOS Energy has brought online the electric-driven compressor at the Teesside Gas Processing Plant, which will boost gas flows from the INEOS-operated Breagh gas field offshore U.K.The new compressor represents a significant investment that…

Denmark’s First Offshore Carbon Storage Project Gets DNV’s Site Certification

Sep 19, 2024

DNV, the independent energy expert and assurance provider, has certified the first CO2 storage site for Project Greensand in Denmark, marking a key milestone in the advancement of carbon capture and storage (CCS).Building on prior certifications issued in June 2023…

Kent Gets FEED Contract for Hejre Project in the North Sea

May 15, 2024

Energy services firm Kent has secured a key Front-End Engineering Design (FEED) contract for INEOS' Hejre project.The Hejre project, an offshore High Pressure High Temperature (HPHT) development, is located in the Danish sector of the North Sea…

Rosetti Marino Hooks $9.6M INEOS Deal for North Sea Gas Platform

May 09, 2024

Italian contractor Rosetti Marino has secured a contract with INEOS E&P for front end engineering design (FEED) for an offshore high pressure, high temperature (HP/HT) gas production platform offshore Denmark.The contract, worth approximately $9…

NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round

May 03, 2024

The North Sea Transition Authority (NSTA) has offered further 31 exploration licenses in the latest phase of the U.K.'s 33rd oil and gas licensing round.A total of 82 offers to 50 companies have now been made in the round which attracted 115 bids from 76 companies across 257 blocks and part-blocks…

Apollo Secures $12.5M Contract for INEOS’ Hejre Project

May 03, 2024

Engineering and energy consultancy Apollo has been awarded the project management consultancy (PMC) contract for INEOS E&P's Hejre project in the North Sea.The 4-year Hejre project entails the development of a greenfield platform, subsea infrastructure…

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