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BP confirms talks to sell key North Sea oil pipeline to Ineos

The two companies are in talks about a potential sale of a key piece of North Sea oil infrastructure, which transports up to 450,000 barrels a day.

Photo: CARSTEN INGEMANN

BP Plc is in talks with Ineos AG to sell the Forties pipeline, one of the most important pieces of oil infrastructure in the U.K. North Sea.

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