Forties oil field, operated by BP Petroleum Development Company Ltd in
the North Sea. A particular feature of the design by the Naval
Architects was that there was no cross-bracing between the pontoons.
Forties oil field to Apache corporation and the refinery to Ineos but
it still operates the pipeline and a number of the oil and gas fields
that feed into it.
News last night that the North Sea Forties oil field had been shut
because of technical problems pushed an already jittery market
that has jumped 11% in the last week alone,
to go, heading towards the Forties oil fieldWild Winds, big seas Some of our posted photos
Heater Installation26 November 200835 Photos
Dinghy Restoration11 January 20109
giant Forties oil field in the North Sea, 160 kilometres from shore in
over 100m of water. Four large steel-based platforms are built to
develop the field.
sold off the Forties oil field in 2003 to Apache, a medium-sized
independent US oil company, and has also announced selling off the
Grangemouth refinery the major oil refinery in
Grangemouth is directly connected to the Forties oil field system in
the North Sea and also imports other crudes from around the world via
our deep sea terminal on the west coast of Scotland.
News that the North Sea Forties oil field had been shut because of
technical problems pushed an already jittery market, which has jumped
11% in the past week alone, to a new record
platforms in Forties oil field in the UK North Sea.
The deal is worth £25 million/year and it will last 3 years with
Apache holding two optional 1-year extensions.
Apache, operator in the UK North Sea of the Forties oil field, said
yesterday that net income nosedived to £497million in 2008, compared
with £1.97billion the year before.
14% interest in the Forties oil field in the UK
North Sea; the sale of a package of UK Southern North Sea gas fields;
and the divestment of our interest in the
