BP - FORTIES PIPELINE SYSTEM
FPS is an integrated oil and gas liquid transportation and processing system with a nominal capacity in excess of one million barrels per day serving the central area of the North Sea. Oil and gas liquids from over 50 offshore fields and St Fergus flow through pipelines into FPS. Forties Pipeline System has played a major role in the development of the Central North Sea over the past 25 years. The progressive expansion of our system is underpinned by our experience of working closely with customers to meet the needs of North Sea oil and gas development. The harnessing of complementary skills and openness to new possibilities and technologies has transformed a safe and competitive oil and gas transportation system into a key tool for progress in the North Sea.
BP - FORTIES PIPELINE SYSTEM
Industry:
Water
Address:
Aberdeen, Aberdeen City, United Kingdom
Country:
United Kingdom
Status:
Active
More informations about "BP - Forties Pipeline System"
About Us - Ineos
The Forties Pipeline System ("FPS") is a 100% INEOS-owned integrated oil and gas liquid transportation and processing system with a nominal capacity of over six hundred thousand barrels per day serving the central area of the North …See details»
BP to sell Forties Pipeline System to INEOS
Apr 3, 2017 Notes to editors The FPS system primarily comprises a 169 kilometre (105 mile), 36” pipeline from the unmanned offshore Forties Unity platform to the onshore terminal at …See details»
INEOS completes the acquisition of the North Sea …
Oct 31, 2017 BP sold its interests in the Forties field to Apache in 2003 and sold its Grangemouth refinery and petrochemical plants to INEOS in 2005. The Forties Pipeline System primarily comprises a 169 kilometre (105 mile), 36” pipeline …See details»
BP - Forties Pipeline System - Crunchbase Company Profile
Apr 1, 2017 FPS is an integrated oil and gas liquid transportation and processing system with a nominal capacity in excess of one million barrels per day serving the central area of the North …See details»
BP's Sale Of North Sea Forties Pipeline To Ineos Is …
Apr 3, 2017 The agreement for the North Sea Forties Pipeline System to change hands also brings home the truth that with the region's heydays behind it, the oil majors are retreating from maturer prospects.See details»
Up and running: inside INEOS’s decision to keep the …
May 4, 2020 In 1975, BP transported the first oil ashore from the Forties field in the North Sea along the Forties pipeline system (FPS) to Cruden Bay. Production from the field officially began two months later at a rate of 10,000 barrels per …See details»
BP sells Forties Pipeline System to INEOS
INEOS has agreed a $250 million deal buy BP’s Forties Pipeline System which delivers almost 40% of the UK’s North Sea oil and gas. The sale of the 235-mile pipeline system was agreed …See details»
Ineos completes Forties Pipeline System acquisition - BBC
Oct 31, 2017 Energy giant Ineos has completed its acquisition of the Forties Pipeline System (FPS) in the North Sea from BP. The $250m (£199m) deal sees Ineos take control of a system that delivers almost 40% ...See details»
Ineos in discussions with BP to buy Forties Pipeline System
Mar 16, 2017 The Forties pipeline system is made up of about 100 miles of pipeline and transports around 450,000 barrels of oil a day — the equivalent of 40 per cent of UK …See details»
Interview: Ineos investing for North Sea Forties operations to '2040 ...
Jun 16, 2022 Ineos, which is majority-owned by businessman Jim Ratcliffe, is around half way through a refurbishment of the Forties Pipeline System (FPS) following its $250 million …See details»
BP seals deal to sell Forties pipelines with ‘great significance’ in ...
Apr 3, 2017 The Forties pipeline system is made up of about 100 miles of pipeline and transports around 450,000 barrels of oil a day — the equivalent of 40 per cent of UK …See details»
BP sells Forties pipeline business to Ineos for £200m
Apr 3, 2017 The Forties Pipeline System is a UK strategic asset and was originally designed to work together to feed the Grangemouth refinery and petrochemical facilities.” Earlier this year …See details»
INEOS to gain Forties Pipeline System and North Sea assets from BP
Apr 4, 2017 The 235-mile Forties pipeline system links 85 North Sea oil and gas assets to the UK mainland and the INEOS site located in Grangemouth in Scotland. INEOS chairman and …See details»
Updated: Ineos acquires Forties Pipeline from BP in $250million deal
Apr 3, 2017 Ineos this morning confirmed it has acquired the Forties Pipeline System (FPS) from BP in a $250million deal, which includes 300 jobs. The deal makes Ineos responsible for a …See details»
Ineos buys North Sea oil pipeline from BP - Financial Times
Apr 3, 2017 “The sale of the BP-operated Forties Pipeline System to Ineos is significant given it the largest pipeline in the UKCS [UK continental shelf] in terms of throughput, with over 400 …See details»
bp to sell Forties Pipeline System to INEOS | News | Home
Apr 3, 2017 Built, owned and operated by BP, the Forties pipeline was opened in 1975 to transport oil from the Forties field, the UK’s first major offshore oil field. Today FPS carries …See details»
BP Confirms Sale of Forties Pipeline to Ineos - Offshore Energy
Apr 3, 2017 BP has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline …See details»
BP in talks to sell North Sea pipeline to Ineos - Financial Times
Mar 16, 2017 Ineos, the UK petrochemicals group, is in talks with BP to buy the Forties pipeline system, one of the most strategically important pieces of infrastructure in the North Sea.. The …See details»
UK pipeline shutdown sends energy prices soaring - Financial Times
Dec 12, 2017 The Forties Pipeline System (FPS), which billionaire . Jim Ratcliffe’s Ineos bought from BP just six weeks ago, delivers almost 40 per cent of UK North Sea oil and gas …See details»