UK North Sea


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Ineos agrees deal for Forties Pipeline System

Ineos has agreed to pay up to US$250 million for BP's Forties Pipeline System (FPS) and associated Kinneil Terminal in the UK North Sea. The deal will see Ineos assume responsibility for transporting around 40% of the UK's oil and gas production, the firm said on April 3. Ineos will pay US$125 mil ...

NewsBase Staff - NewsBase


Posted 2 years agoOpinion > PipelinesUK North Sea