INEOS O&G UK (IOG UK) is the owner of interests in 30 licences in the North Sea, with production from INEOS-operated Breagh and Clipper South. IOG UK operates 8 of the licences. Operations are managed through a third-party contracting company. The acquisition of the DONG assets has increased INEOS’ O&G position significantly; not only bringing 4 operating platforms in the Danish sector but significant equity shares in major fields off Norway and West of Shetland. This presents significant opportunities for INEOS to realise operational and commercial synergies and further enhance our offshore skills base.