Ineos: Dong acquisition creates an entirely new business

A new, powerful actor has marked its debut in the Northern European oil and gas market. Swiss Ineos will invest heavily in oil, gas, and shipping in the North Sea.
Photo: DONG
Photo: DONG

Speculation about the prospect of a new Danish oil and gas giant built from Dong and Maersk Oil's merged activities have now gone up in smoke. Instead, Danes must resign themselves to the fact that a large share of the country's oil and gas will now be extracted from the underground by a Swiss firm.

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