Key North Sea Oil Pipeline Approaches Full Service After Repairs

  • Operator Ineos lifts limits on Forties oil, natural gas flows
  • Buzzard oil field said to be near full production rates
Forties Pipeline to Restart in New Year
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One of the world’s most important crude oil pipeline networks is nearing a return to full service following an unexpected shutdown this month, as operator Ineos AG completes repairs and ends flow limitations.

“All restrictions on the flow of oil and gas from platforms feeding into the pipeline system have been fully lifted,” the company said Thursday Bloomberg Terminalin a statement. Ineos plans to bring the pipeline, as well as the Kinneil processing plant, “progressively back to normal rates around new year,” it said.