Forties Oil Pipeline System
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Forties pipeline system (FPS) is a pre-eminent pipeline network in the North Sea carrying a substantial portion of the UK's oil, about 575,000 barrels of oil a day, to shore.[1]
Location
The pipeline originates at Forties Charlie Oil Platform in the North Sea and terminates at the Cruden Bay Terminal, Scotland.
Project Details
- Operator: Ineos
- Owner: Ineos
- Parent: Ineos[2]
- Current capacity: 575,000 barrels per day
- Length: 169 kilometers
- Status: Operating
- Start Year: 1975[3]
Background
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 2003. BP reached an agreement in April 2017 to sell the network to Ineos for $250 million.[4] Fifty assets tie BP's export lines into the FPS either directly or through intermediate hubs, eventually joining at either Forties Charlie or Forties Unity.
Technical Information
FPS consists of a 36-in pipeline originating at Apache Corp.'s Forties Charlie platform. The pipeline carries crude oil 169 km, routing through the Forties Unity riser platform, to the terminal at Cruden Bay. From there, unstabilized crude is carried to the processing facility at Kinneil, Grangemouth.
Articles and resources
References
- ↑ "Grangemouth strike would force BP to shut North Sea pipeline", Daily Telegraph 2008-04-25
- ↑ "Home | INEOS FPS". www.ineos.com. Retrieved 2023-01-30.
- ↑ hat is the Forties Pipeline System? Here are six things you need to know, Insider, 3 Apr. 2017
- ↑ "BP sells Forties North Sea pipeline to Ineos". BBC News. 3 April 2017. Retrieved 3 April 2017.
Related GEM.wiki articles
External resources
Wikipedia also has an article on Forties pipeline system. This article may use content from the Wikipedia article under the terms of the GFDL.