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NEWS |
Ineos UK triples profits as oil prices surge
Ineos UK E&P Holdings, part of the Ineos empire, tripled profits in 2021 as rumours of a potential take-over of Manchester United by founder Sir Jim Ratcliffe refuse to go away.
NEWS |
Wood to engineer Europe’s most innovative olefin complex
Wood, the global consulting and engineering company, has secured a new contract with INEOS in excess of $100 million to deliver engineering, procurement, and construction management (EPCm) services fo (...)
NEWS |
Craig International wins major, long-term contract with INEOS FPS
Aberdeen headquartered, Craig International has secured a major contract with INEOS FPS, potentially valued at over £20million.
NEWS |
UK in shale gas offer from INEOS
British multinational chemicals company INEOS has offered to develop a shale gas test site in the UK to demonstrate to the government that extraction by fracking can be performed safely.
NEWS |
Young People To Present Their Solutions To Climate Change At Net Zero Challenge Showcase
Groundbreaking solutions to climate change will be presented by 16 to 24-year-olds today at the final of a Net Zero challenge supported by INEOS and the Scottish Government.
NEWS |
Winners announced at 2021 AFBE-UK Scotland Diversity and Inclusion Awards
Diversity and inclusion successes in the energy and engineering sectors were celebrated at the AFBE-UK Scotland awards ceremony in Aberdeen last night. (Thursday, October 21, 2021) Reneth McKe (...)
NEWS |
PGNiG Buys All Of Ineos Norwegian Assets At Almost Half-Price
PGNiG Upstream Norway, a Norwegian subsidiary of Polish state-owned oil and gas company PGNiG, has just received approval from Norwegian authorities to acquire all assets of INEOS E&P Norge at almost (...)
NEWS |
Hess Completes Sale of Interests in Denmark
Hess Corporation announced today that it has completed the previously announced sale of its subsidiary Hess Denmark ApS, which holds a 61.5% interest in the South Arne Field, to Ineos E&P AS for a tot (...)
NEWS |
Maersk Drilling awarded one-well UK contract by INEOS
Maersk Drilling has secured a contract from INEOS Oil & Gas UK to employ the harsh-environment jack-up rig Maersk Resolve for drilling and hydraulic stimulation at the Breagh Alpha A11 well in block 4 (...)
NEWS |
INEOS sells Norwegian oil and gas interests to support clean energy strategy
Subject to approval by the Norwegian Ministry of Petroleum and Energy and the Norwegian Ministry of Finance, the deal includes all INEOS Oil & Gas interests in production, licences, fields, facilities (...)
NEWS |
INEOS Energy sells its Norwegian oil and gas business
INEOS Energy has announced that it is selling its oil and gas business in Norway to PGNiG Upstream Norway for US$615m.
NEWS |
Blockbuster Start for North Sea Mergers
PGNiG’s acquisition of Ineos’ Norwegian oil business continues what has been a blockbuster start to the year for North Sea mergers and acquisitions (M&A), according to Neivan Boroujerdi, a principal a (...)
NEWS |
INEOS to Sell Norwegian Oil and Gas Business for $615 Million
INEOS Energy said on March 25 it agreed to sell its Norwegian oil and gas business to Poland’s PGNiG Upstream Norway AS for $615 million.
NEWS |
INEOS Energy acquires Hess' Danish upstream subsidiary
INEOS E&P AS, which is a part of INEOS Energy, has entered into an agreement to acquire the subsidiary Hess Denmark ApS. for a total consideration of US$150 million, effective 1 January 2021.
NEWS |
INEOS, Engie Partner on Hydrogen Pilot Project
Chemicals manufacturer INEOS Group and French utility Engie said on Feb. 25 they plan a pilot project to replace natural gas with hydrogen at INEOS’ industrial plant in Belgium.
NEWS |
Petrofac wins 5-year North Sea contract with Ineos
Petrofac, a global provider of oilfield services, is set to build on its provision of Operations & Maintenance Support Services for Ineos FPS, an oil and gas processing system, following the award of (...)
NEWS |
Ineos completes buyout of BP petrochemical businesses
The company has bought BP’s global Aromatics and Acetyls business arms.
NEWS |
Hundreds of jobs at risk as Petroineos announce major restructuring at Grangemouth site
Workers at Grangemouth’s Petroineos plant will be entering consultations with the firm after the petrochemical giant announced it was “restructuring” to a smaller operation – meaning up to 200 jobs co (...)
NEWS |
Extinction Rebellion activists block entrances to Ineos refinery
Climate change activists are staging a protest outside the Grangemouth oil refinery.
NEWS |
Ineos signs Belgian offshore wind power deal with Engie
Petrochemicals giant Ineos has signed a 10-year deal to purchase offshore wind power from French company Engie's Norther wind farm in the Belgian North Sea from 2021, Ineos said on Tuesday.
NEWS |
BP to sell petrochemicals business to INEOS for $5 billion
BP has struck a deal to sell its petrochemicals business to INEOS for $5 billion.
NEWS |
INEOS postpones planned shutdown of Forties pipeline system until next spring
INEOS said on Tuesday it has postponed a planned shutdown of its Forties Pipeline System (FPS) planned for June until spring next year due to the new coronavirus outbreak.
NEWS |
You thought global oil supply couldn’t get any larger? INEOS: ‘Hold my maintenance’
With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid the Covid-19 crisis, building one of the bi (...)
NEWS |
Forties Pipeline Shutdown postponed due to Covid-19
Ineos confirmed the decision was taken due to concerns around bringing workers together due to the covid-19 outbreak and social distancing.
NEWS |
Spirit Energy divests two Danish assets to INEOS
Spirit Energy has signed an agreement to divest two non-core Danish assets to INEOS.
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