BP will sell North Sea pipeline to Ineos

A deal for a critical North Sea oil pipeline has now been secured. Ineos will take over the pipeline system Forties, which can transport more than half a million barrels per day.

by VIKTOR BRANDT KÆRGAARD

BP has entered a deal for the North Sea pipeline system Forties. The buyer, Swedish chemical company Ineos, will pay USD 250 million.

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Aker CEO ready for large-scale acquisitions
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Maersk Oil and partners move forward with Sverdrup
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BP confirms talks to sell key North Sea oil pipeline to Ineos
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