Name of the Project
Forties Pipeline System (FPS).
Location
Central North Sea, off the coast of the UK.
Project Owner/s
INEOS.
Project Description
FPS is a strategic UK asset that can transport up to 600 000 bbl/d of North Sea oil onshore for refining.
The pipeline transports 40% of the UK’s oil and gas to the mainland.
The project aims to transform the FPS and extend the life of the pipeline by at least 20 years into the 2040s.
INEOS intends to overhaul the reliability of the 500 km pipeline system, including modernising the environmental systems and implementing the latest technology into its systems.
Potential Job Creation
Not stated.
Capital Expenditure
The FPS will require £500-million to implement.
The project forms part of a £1-billion investment by INEOS in the UK in multiple projects designed to ensure its British assets stay world class for a generation.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
FPS, emailfpsserv@ineos.com.