China’s CNOOC has struck a deal to sell its business in the United States to Britain’s Ineos, the two companies reported over the weekend. The deal is worth $2 billion and includes stakes in two deep-water fields in the Gulf of Mexico, per a Reuters report citing an unnamed source. Ineos said that the acquisition would boost its global oil and gas production to over 90,000 barrels of oil equivalent daily. Neither of the companies involved named …

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Chinese Oil Major Sells U.S. Assets to Ineos

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The third major investment by INEOS Energy in the USA, in the past three years. Capital spend on energy assets in the USA now exceeds $3bn, providing a strong platform for future growth. Deal includes interest in two high quality deep water early production assets (Appomattox and Stampede) in the Gulf of Mexico. Increases INEOS Energy’s global production to over 90 thousand barrels of oil equivalent per day. Brian Gilvary Chai…

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INEOS Energy to acquire oil and gas assets in US Gulf of Mexico – Oil & Gas 360

BEIJING/HONG KONG,  (Reuters) – China’s CNOOC Ltd (600938.SS), has sold its U.S. The article Stabroek Block partner, CNOOC sells US assets to Britain’s INEOS appeared first on Stabroek News.

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Stabroek Block partner, CNOOC sells US assets to Britain’s INEOS

Ineos Energy  has acquired the Gulf of Mexico business held by CNOOC Energy Holdings USA, the company’s third major US investment in the past three years. The post Ineos makes third major US investment in three years with deepwater purchase appeared first on Energy Voice.

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Ineos makes third major US investment in three years with deepwater purchase

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INEOS Energy has acquired the Gulf of Mexico business held by CNOOC. The deal increases INEOS Energy’s production globally to over 90 thousand barrels of oil equivalent per day. These assets in the Gulf of Mexico are the third major investment by INEOS Energy in the US in the past three years, following the 1.4 … The post INEOS to acquire oil and gas assets in US Gulf of Mexico appeared first on Drilling Contractor.

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INEOS to acquire oil and gas assets in US Gulf of Mexico - Drilling Contractor

In a statement published on its website, the oil company confirms that it has reached an agreement with a subsidiary of Ineos  Economía

En un comunicado publicado en su página web, la petrolera confirma que ha alcanzado un acuerdo con una filial de Ineos | Economía

La petrolera china Cnooc vende sus activos en EE. UU. a la británica Ineos

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Chinese oil company Cnooc sells its U.S. assets to British company Ineos

The Chinese state oil company China National Offshore Oil Corporation (Cnooc) has announced the sale of its subsidiary in the United States (USA) to the British company Ineos after two years of rumors that the firm was seeking to dispose of its assets in the United States in the face of the risk of sanctions. In a statement published today on its website, Cnooc confirms that it has reached an agreement with a subsidiary of Ineos for the sale of …

La petrolera estatal china China National Offshore Oil Corporation (Cnooc) ha anunciado la venta de su filial en Estados Unidos (EEUU) a la británica Ineos tras dos años de rumores que apuntaban a que la firma buscaba deshacerse de sus activos en el país norteamericano ante el riesgo de sanciones. En un comunicado publicado hoy en su página web, Cnooc confirma que ha alcanzado un acuerdo con una filial de Ineos para la venta de su subsidiaria en…

La petrolera estatal china Cnooc vende sus activos en EEUU a la británica Ineos

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Chinese state oil company Cnooc sells its assets in the US to British company Ineos

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Ineos buys CNOOC’s US assets

CNOOC has divested its US subsidiary and upstream assets in the Gulf of Mexico to INEOS, a British chemicals group.

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CNOOC sold US assets to INEOS

London-headquartered global chemical company INEOS said today that it has acquired the U.S. Gulf of Mexico business held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Company’s CNOOC International Limited unit. A Reuters report cites “a person with direct knowledge of the matter who was not authorized to speak to media” as saying that INEOS paid just under $2 billion for the assets. INEOS says that the de…

Chinese Oil Major Sells U.S. Assets to Ineos

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