INEOS acquires CNOOC’s U.S. GoM business

Capt. John

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 deal includes a portfolio of non operated assets built...

https://www.marinelog.com/news/ineos-acquires-cnoocs-u-s-gom-business/

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