Ineos chairman Jim Ratcliffe took aim at UK politicians over what he described as a "total lack" of energy policy, as flows through a key North Sea pipeline tail off by some 40%.
Forties Pipeline System (FPS)
New progress reports from the North Sea oil and gas regulator show that efficiency across the basin fell, while operating costs rose by nearly a quarter.
Aberdeen firm Craig International has secured a major contract with Ineos FPS, potentially valued at over £20 million.
Petrofac has been awarded an “enhanced” five-year deal with Ineos FPS (Forties Pipeline System) in the North Sea.
Bilfinger Salamis was having a “particularly strong year” before Covid-19 struck the oil and gas industry, new accounts have revealed.
Extinction Rebellion protestors have blockaded the gates at the Ineos petrochemical refinery at Grangemouth in another climate protest.
Ineos has set a firm date of May 27, 2021 for the rescheduled shutdown of the Forties Pipeline System (FPS).
Drager Marine and Offshore is set to inject cash into its Aberdeen facility despite the industry uncertainty created by the Covid-19 crisis.
More than 150 workers at Bilfinger UK could face the axe as the company confirmed it has begun redundancy consultation for staff currently on the Covid-19 furlough scheme.