Ineos seals deal to take Hess Denmark assets

摘要

SWITZERLAND-BASED chemicals group Ineos last week struck an agreement to acquire the Danish oil and gas assets of US independent Hess for $150 million. Ineos will acquire 61.5% of the Syd Arne (South Arne) oilfield, up to now operated by Hess, which complements the 36.8% share Ineos already holds in the asset.