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 …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»
BP's Sale Of North Sea Forties Pipeline To Ineos Is Indicative Of A ...
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 …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»
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»
INEOS to gain Forties Pipeline System and North Sea assets from BP
Apr 4, 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. "We have a …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»
Forties Oil Pipeline System - Global Energy Monitor
Dec 4, 2024 Until recently, the pipeline system was owned and operated by UK-based global energy company BP, who retained the asset after selling the Forties oilfield to Apache Corp in …See details»
BP Forties System The Largest Offshore Oil Gathering Network in …
Hydraulic Analysis have analysed and optimised the performance of the BP Forties system for over 30 years, including on site operator training. The system comprises the following key …See details»
What is the Forties Pipeline System? Here are six things you need …
Apr 3, 2017 BP’s other UKCS assets no longer include the Forties Field itself, the North Sea’s largest, which was sold to the Apache Corporation of Texas in 2003 for $812m, a decision …See details»
Up and running: inside INEOS’s decision to keep the Forties …
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 …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 to sell North Sea pipeline to Ineos ? | by Jon Oronero - Medium
Mar 17, 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»
Ineos buys Forties Pipeline amid decommissioning warning
Apr 4, 2017 Chemicals company Ineos has bought the Forties Pipeline System in the North Sea from BP for $250 million. The agreement gives Ineos control of almost 40 per cent of the UK's …See details»
BP to sell Forties Pipeline System to INEOS | Automotive World
Apr 3, 2017 BP today announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelinesSee details»
Forties System Report | Wood Mackenzie
Feb 29, 2024 The Forties Pipeline System (FPS) is an integrated oil and gas liquid transportation and processing system with a nominal capacity of over one million b/d. Since 2017, the FPS …See details»
Forties Pipeline System Shutdown | Pipeline and Gas Journal
The pipeline also carries one-tenth of Britain’s natural gas supply, causing wholesale gas prices to surge 40% until LNG was released from stock. On Dec. 29, the system was re-opened. BP, …See details»
Forties Pipeline System - A Barrel Full - Wikidot
The system carries around 40 percent of the UK’s oil production. Contractors. ETPM: Pipeline replacement project; Related Oil Field. As well as the Forties Oil Field, the pipeline carries oil …See details»
BP to sell Forties Pipeline System to INEOS - EUROPETROLE
Mar 4, 2017 BP announced it 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»
Apollo to partner with bp on TANAP gas pipeline
Mar 21, 2025 New agreement follows from Apollo and bp partnering in 2024 on the Trans Adriatic Pipeline (TAP), the final section of the SGC, deepening Apollo’s exposure to this world …See details»