abstract:The Forties pipeline system (FPS) is a pre-eminent pipeline network in the North Sea carrying 30% of the UK's oil, or about of oil a day, to shore."Grangemouth strike would force BP to shut North Sea pipeline", Daily Telegraph 2008-04-25 It is owned and operated by UK-based global energy company BP, who retained the asset after selling the Forties oilfield to Apache Corp.