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
DONG Energy’s Oil & Gas business is a natural fit for INEOS as we continue to grow our Upstream activities. We are pleased to acquire this competitive, well run business, with its highly successful and experienced team, a strong portfolio of long life assets and a very good mix of existing production and developments across the North Sea.