Chemicals giant Ineos has reached a final investment decision to develop of the Solsort West oil and gas field in the Danish North Sea.

The development consists of two wells, with production set to be tied back to the Ineos-operated Syd Arne installation.

Ineos Energy chief executive David Bucknall said: “The sanction of the development of Solsort fits well with our overall investment strategy in Denmark of optimising already existing infrastructure to support security of supply and at the same time investing into storage of carbon dioxide to support the green transition.