(World Oil) – INEOS Energy has completed its acquisition of the U.S. Gulf business held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of CNOOC International Ltd. (CNOOC). The deal increases INEOS Energy’s production globally to over 90,000 barrels of oil equivalent per day (boed) and marks the third major investment by INEOS Energy in the U.S., in the past
( Oil & Gas 360) 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
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