INEOS to buy the entire Oil & Gas business from DONG Energy A/S for a headline price of $1.05 billion plus $250m contingent
24 May 2017
In acquiring the DONG Oil & Gas business, the deal positions INEOS as a Top 10 company and the biggest private enterprise operating in the North Sea.
The business being acquired has a strong portfolio of long life assets, producing 100,000 barrels of oil equivalent per day (boepd) in 2016 and with