Ineos News

 

NHV Wins 5-Year North Sea Helicopter Services Deal with INEOS FPS

Oct 14, 2022

Offshore helicopter services firm NHV Group has won a helicopter services contract in the Central North Sea with INEOS FPS.Under the five-year deal, which takes effect at the beginning of November, NHV will perform helicopter flights to the Forties Unity from NHV Aberdeen…

Maersk Drilling Tapped for Danish Drilling

Sep 23, 2022

Maersk Drilling has been awarded a contract with INEOS E&P A/S drilling two development wells and intervention work offshore Denmark. The contract is for use of the harsh-environment jack-up rig Maersk Resolve. The two development wells will be drilled at the Solsort field…

Kistos Acquires 20% in Greater Laggan Area Offshore Assets from TotalEnergies

Jul 11, 2022

Oil and gas firm Kistos has acquired a 20% stake in the Greater Laggan Area producing offshore gas fields in the UK and associated infrastructure alongside various interests in certain other exploration licenses, including a 25% interest in the Benriach prospect…

Maersk Drilling Bags 150-Day Deal for Maersk Resolve Jack-up Rig

Mar 16, 2022

Danish offshore drilling company Maersk Drilling has won a contract that could employ its Maersk Resolve jack-up drilling rig with an undisclosed client in the UK sector of the North Sea for the majority of 2022.The contract is expected to start in April 2022…

INEOS to Buy Power from Seamade Offshore Wind Farm in Belgium

Jan 12, 2022

INEOS, a global chemical company, has agreed a long-term Power Purchase Agreement for renewable offshore wind power in Belgium with Eneco.Under the terms of the ten-year deal, which begins in 2022, INEOS will buy 65,5-Megawatt (250 GWh per year) of offshore wind power from Eneco…

Danish Gov't Backs Carbon Capture and Storage Project Greensand

Dec 09, 2021

The Danish Energy Agency will award 197 million DKK (€26 million) to the INEOS-led consortium backing Project Greensand for carbon capture and storage in the North Sea.The project entails transporting CO2 by ship to the Nini West reservoir off…

PGNiG Drills Duster at Fat Canyon Prospect Offshore Norway

Dec 09, 2021

Polish oil firm PGNiG has drilled a dry well in the production licence 937, in the Norwegian Sea.The well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - was drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…

Noreco CEO Resigns

Nov 29, 2021

David B. Cook, the Chief Executive Officer of the oil and gas company Noreco, has resigned from his position and from the company board of directors.Noreco, which is working with TotalEnergies to redevelop the Tyra offshore gas field in Denmark…

INEOS to Invest $2.3B in Green Hydrogen Plants

Oct 18, 2021

- INEOS, Europe's largest Hydrogen producer, said on Monday it would invest more than 2 billion euros ($2.3 billion) on electrolysis plants to make zero-carbon green hydrogen across Europe.The first plants will be built in Norway, Germany and Belgium over the next 10 years…

Polish PGNiG Buys INEOS' Oil and Gas Business in Norway for $615M

Sep 30, 2021

INEOS Energy has completed the $615 million sale of its oil and gas business in Norway to Poland's PGNiG.The deal, first announced in March 2021, includes all INEOS Oil & Gas interests in production, licenses, fields, facilities, and pipelines…

INEOS Gets Consent for Fat Canyon Drilling

Sep 13, 2021

INEOS E&P Norge has obtained a drilling permit from the Norwegian Petroleum Directorate for an offshore exploration well in the Norwegian Sea.INEOS will drill the well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - using the Borgland Dolphin semi-submersible drilling rig…

INEOS Buys Hess' Denmark Assets for $150M

Aug 30, 2021

INEOS E&P has completed the acquisition of Hess' subsidiary Hess Denmark for $150 million. Hess will use the proceeds to fund its projects in Guyana.With the acquisition, first announced in March, INEOS has become the owner of 61.5% of the Hess-operated Syd Arne oil field…

Consortium of 29 Firms Backs Danish Carbon Capture and Storage Project

Aug 17, 2021

INEOS Energy, Wintershall Dea, and a consortium of 29 companies, research institutes, and universities, on Tuesday, signed an agreement to support the next phase of the Greensand pilot project to demonstrate the safe and permanent storage of CO2 in offshore reservoirs in the North Sea…

Big Oil Keeps Brakes on Spending, Despite Crude Rally Windfall

Jul 12, 2021

Leading international energy companies are resisting the temptation to rush and spend an unexpected windfall from rallying oil and natural gas prices as they focus on longer-term energy transition challenges, executives and analysts said.Benchmark…

UK: INEOS Backs Acorn Carbon Capture and Storage Project

Jul 09, 2021

Chemicals giant INEOS said on Friday it will work with the Acorn carbon capture and storage project to help develop Scotland's first carbon capture storage system.Some scientists say the technology to capture and store carbon dioxide (CO2) emissions…

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