Ineos to Acquire Oil and Gas Business from DONG Energy

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03 Jun 2017 01:51 Valerie Rose

CHEMMONITOR.COM – Multinational chemical company Ineos is going to buy entire oil and gas business from Danish integrated energy company DONG Energy. This acquisition is assessed at USD 1.05 billionn or EUR 936 million and additional contingent payment of USD 250 million.

Buying DONG Energy’s oil and gas production, Ineos will acquire ten Danish, Norwegian and British gas and oil fields in the North Sea.

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