Ineos in exclusive talks with ConocoPhillips for North Sea assets

MOSCOW (MRC) -- Ineos, the privately owned energy and chemicals group run by Britain's richest man, is in exclusive talks with US oil major ConocoPhillips to acquire its assets in the North Sea, reported FT.The potential deal, which has a price tag of more than USD3bn according to industry sources, could transform Sir Jim Ratcliffe's company into a major operator in North Sea oil and gas

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