INEOS Energy wraps up acquisition of CNOOC US Gulf Coast assets

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 2.Apr.2025) — INEOS Energy completed the acquisition of the US Gulf business held by CNOOC Energy Holdings U.S.A. Inc., a US subsidiary of CNOOC International Limited. CNOOC’s business now transfers into INEOS Energy and will assist INEOS Energy boost its global production to […]

CNOOC Divests US GOM Business to INEOS Energy 

(Steve Stewart, Energy Analytics Institute, 14.Dec.2024) — Multinational chemical company INEOS Energy acquired the US Gulf of Mexico (GOM) business held by CNOOC Energy Holdings U.S.A. Inc., a US subsidiary of CNOOC International Limited. The deal boosts INEOS’ production globally to over 90,000 barrels of oil equivalent per day (boe/d), […]

INEOS Makes Major $1.4bn Acquisition of US Onshore Assets

(INEOS, 21.Feb.2023) — INEOS Energy is entering US oil and gas production for the first time with the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4bn. Highlights: The world is critically dependent upon oil and gas as a […]

Sempra Infrastructure Inks SPA with INEOS for Port Arthur LNG Phase 1

(Sempra, 1.Dec.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), entered into a long-term sale and purchase agreement (SPA) with INEOS, for the supply of liquefied natural gas (LNG) from Phase 1 of its Port Arthur LNG project under development in Jefferson County, Texas. Under the SPA, INEOS has […]

INEOS Energy To Sell Norwegian Assets

(INEOS Energy, 25.Mar.2021) — INEOS Energy announced an agreement to sell its Oil and Gas business in Norway to PGNiG Upstream Norway AS for a consideration of $615mn. The deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf. Highlights: […]