Ineos buys CNOOC’s US assets

Ineos Energy has acquired the Gulf of Mexico business held by the US subsidiary of Chinese company CNOOC International Limited.The deal increases Ineos’ production globally to over 90,000 barrels of oil equivalent per day. These assets in the Gulf of Mexico are the third major investment by the company in the USA, in the past three years, following the 1.4 mtpa LNG deal completed with...Read the full article >here<