Oil giant Shell has confirmed that it will undertake a phased increase in production within the "coming days" from its Shearwater and Nelson platforms now that the Forties pipeline has been mechanically repaired.
Ineos have announced that the hairline crack which caused the Forties pipeline leak is currently stable and that they expect to have it repaired by Christmas.
Oil and gas prices have made hefty gains after the market took a double-whammy hit following a European gas hub explosion and the shut down of a major North Sea pipeline.
Petrochemicals giant Ineos yesterday launched a staunch defence of its track record as an employer and infrastructure owner after agreeing to buy the Forties pipeline system from BP for £200million.