London-based Wren House Infrastructure Management has entered into an agreement with an affiliate of ArcLight Capital Partners to acquire ArcLight’s entire stake in North Sea Midstream Partners (NSMP).

Established in 2012, NSMP is an independent North Sea midstream business with four large scale natural gas transportation and processing assets in and around the North Sea.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The company holds interests in these assets, which form an important part of gas infrastructure in the UK.

It serves both the UK and Norwegian sectors of the North Sea, processing around 25% of UK natural gas.

The deal covers a 67% operated interest in the Shetland Island Regional Gas Export System pipeline (SIRGE), 100% operated interest in the Frigg UK pipeline (FUKA) along with 100% operated interest in the associated St. Fergus Gas Terminal (SFGT) the Teesside Gas Processing Plant (TGPP).

“NSMP’s catchment areas, in particular the West of Shetland basin, represent one of the most promising areas in terms of exploration and future developments.”

SIRGE transports natural gas from the prolific West of Shetland basin, while FUKA transports gas from the SIRGE pipeline, as well as other fields in the Northern and Central North Sea.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Wren House managing director Hakim Drissi Kaitouni said: “This acquisition underlines Wren House’s long-term successful strategy of investing in superior quality platforms.

“NSMP’s catchment areas, in particular the West of Shetland basin, represent one of the most promising areas in terms of exploration and future developments. Our deep experience in energy infrastructure, operational expertise and financial strength make Wren House uniquely qualified to acquire NSMP.”

The companies have not disclosed the terms of the transaction.

The deal, which is subject to the receipt of customary merger clearance, is slated for completion this year.