INEOS Acquires Hess Upstream Business in Denmark for $150 Million

Transaction Type
Sellers
Basin
Danish North Sea
Announce Date
Post Date
Close Date
Estimated Price
150MM
Description

Purchased Hess Denmark ApS, which holds a 61.5% interest in the South Arne Field offshore in the Danish North Sea; Production net to Hess averaged 5,800 boe/d in 4Q 2020.