Petrofac has been awarded an “enhanced” five-year deal with Ineos FPS (Forties Pipeline System) in the North Sea.
Ineos has set a firm date of May 27, 2021 for the rescheduled shutdown of the Forties Pipeline System (FPS).
The UK’s largest-producing oil field has once again been restarted after it was shut down for the second time in a month.
Total said it has shut down some units at its 247,000 barrels per day Gonfreville refinery in northern France following a technical incident.
The pace of North Sea oil-field shutdowns is picking up as the impact of the market slump is compounded by the uncertain investment environment created by Brexit.
Oil major Shell has declared a force majeure on exports of Bonny Light crude after two pipes were forced to shut down in Nigeria.