INEOS Acquires Hess Upstream Business in Denmark for $150 Million
Transaction Type
Sellers
Buyers
Basin
Danish North Sea
Announce Date
Post Date
Close Date
Estimated Price
$150.0MM
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.