Kellas Midstream names TotalEnergies veteran as new CEO
Aberdeen-headquartered Kellas Midstream has found its new CEO in TotalEnergies veteran Nathan Morgan.
GIC
State funds moving greener, continuing shift from oil
These investors put $18.7 billion into renewables in 2022 and only $6.7bn into hydrocarbons.
FTSE-100 listed M&G joins ranks of Storegga investors
M&G, a FTSE-100 listed savings and investments business, has become the fourth external shareholder in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage and hydrogen project near Peterhead.
Storegga to progress Acorn CCS project after completing funding round
Storegga Geotechnologies is to give the Acorn carbon capture and storage (CCS) project a financial boost after securing additional capital.
GIP consortium to seek $8 billion loan for ADNOC deal
An investor group backed by Global Infrastructure Partners and Brookfield Asset Management is seeking a loan of about $8 billion to finance the potential purchase of a stake in ADNOC’s natural gas pipelines, according to people with knowledge of the matter.
Kellas defeats £37m legal challenge on major North Sea pipeline system
An Aberdeen-headquartered company has successfully dismissed a £37m legal challenge around a major North Sea pipeline system.
North Sea pipeline owner Kellas sold to Blackrock, GIC
Private-equity firm Antin Infrastructure Partners has agreed to sell North Sea pipeline and terminal owner Kellas Midstream, headquartered in Aberdeen.
Singapore wealth fund investing $600m in Adnoc pipelines
The Abu Dhabi National Oil Company (Adnoc) has entered into a pipeline infrastructure investment pact with GIC, Singapore’s sovereign wealth fund.