Ineos' waning North Sea production output continues throughout 2023

Oil extraction in Ineos’ Danish business decreased by a third in the last financial year, and management expects the trend to continue.

by william rønfeldt kristensen

Although UK-based Ineos’ Danish business took a tiger leap in earnings last year, it came against a backdrop of dwindling oil production.

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Oil major sends massive North Sea earnings to its owners
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TotalEnergies and Evida agrees to develop Danish carbon infrastructure
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