OIL & GAS
European Oil & Gas Operations
A number of key producing offshore oil and gas assets across the UK and Danish parts of the North Sea.
Our Strategy
Who is INEOS Energy?
- A unique E&P business operating in the UK, US and Denmark
- Integrated global energy trading business to strengthen our position in the market
- Producer & trader of oil, gas, LNG and carbon credits
- We take unwanted assets and optimise them to run more safely, reliably and efficiently
- World leading with a Carbon Capture & Storage (CCS) project in Denmark
- Highly talented & motivated team in the UK, US and Denmark
- A strategic investor in the LSE listed clean hydrogen fund, HydrogenOne Capital
How we plan to grow?
- Increase our market share by acquiring further Oil & Gas assets
- Expanding further into the LNG and new energies markets in order to remain at the forefront of decarbonisation
- Streamlining our business by cutting waste and improving operations to diversify and extend the life of our assets
- Develop our CCS expertise to establish a long-term commercially viable business
- Use our trading teams expertise to access new energy and low carbon opportunities
Why we are a sustainable business
- The most recent UN & IEA scenarios show that the world will still need Oil & Gas beyond 2050
- Oil and gas companies will remain a part of the energy transition era
- We aim to be the lowest cost producer in the market, to stay competitive as the energy transition continues
- Adhere to INEOS Group's commitments to net zero targets by 2050
- We expect hydrogen, ammonia and biogas to become fuels of the future and we plan to make these a key part of our energy portfolio
- Continue to learn from our investment in the HydrogenOne Capital Fund
