Rodent + 1,424 December 13, 2017 Ineos declared, in a not so surprising development, a force majeure on ioil from its Forties pipeline Quote Share this post Link to post Share on other sites
Stephen + 67 SM December 13, 2017 London's rule over the Scots looks doomed Quote Share this post Link to post Share on other sites
JohnAtronis + 78 JA December 13, 2017 21 minutes ago, Rodent said: Ineos declared, in a not so surprising development, a force majeure on ioil from its Forties pipeline Well, the offshore part was replaced back in 1985/6 if my memory serves me right. Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT December 13, 2017 1 minute ago, JohnAtronis said: Well, the offshore part was replaced back in 1985/6 if my memory serves me right. But still, it is impressive that such a tiny undersea defect can be identified well before a leak and also that it can probably be fixed in two weeks or so. Go technology Quote Share this post Link to post Share on other sites
Rodent + 1,424 December 13, 2017 Talk about a lemon. They just bought the dang thing. I wonder if there is a lemon clause for pipelines? Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT December 13, 2017 1 minute ago, Rodent said: Talk about a lemon. They just bought the dang thing. I wonder if there is a lemon clause for pipelines? In April, BP sold its North Sea Pipeline to Ineous for around £250 million. It sounds as if BP got a great deal, and Ineous inherited old technology Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT December 13, 2017 One also wonders what contingency plans the Scottish Government has in place Quote Share this post Link to post Share on other sites
JohnAtronis + 78 JA December 13, 2017 3 minutes ago, Meanwhile said: One also wonders what contingency plans the Scottish Government has in place I guess none, but this number is impressive. The shutdown of one of the UK's most important oil pipelines is worth about £20m a day Quote Share this post Link to post Share on other sites
Stephen + 67 SM December 13, 2017 who owns Ineous? The government doesn't have any shares there, right? Quote Share this post Link to post Share on other sites
Joanna + 68 JT December 13, 2017 1 minute ago, Stephen said: who owns Ineous? The government doesn't have any shares there, right? no, it is in private hands. Here is good link on him http://www.dailyrecord.co.uk/news/scottish-news/fury-billionaire-jim-ratcliffe-bringing-10041113 Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT December 13, 2017 this is from last week, I think Ineos, the privately held petrochemicals giant run by the billionaire Jim Ratcliffe, is seeking to bypass local councils by using controversial new rules to fast-track plans to drill for shale gas in the Midlands without their planning approval. One of the world’s ten biggest chemical companies, Ineos is taking the lead in the development of Britain’s shale gas industry. Quote Share this post Link to post Share on other sites
Stephen + 67 SM December 13, 2017 27 minutes ago, Meanwhile said: this is from last week, I think Ineos, the privately held petrochemicals giant run by the billionaire Jim Ratcliffe, is seeking to bypass local councils by using controversial new rules to fast-track plans to drill for shale gas in the Midlands without their planning approval. One of the world’s ten biggest chemical companies, Ineos is taking the lead in the development of Britain’s shale gas industry. For Ratcliffe, fracking is safer and cheaper Quote Share this post Link to post Share on other sites
Most Active Members
Recently Online
Popular Members