Ancala to acquire Apache’s Scottish Area Evacuation System

Ancala Midstream Acquisitions Limited has today announced that it has agreed to terms to acquire Apache Beryl I’s interest in the Scottish Area Gas Evacuation system (SAGE) and Beryl pipeline.

Photo Courtesy of Ancala Midstream.

Ancala Midstream will acquire Apache’s 30.28% share of SAGE, and its 60.56% interest in the Beryl pipeline, and intends to appoint Wood Group to be its Operating Partner, subject to the receipt of regulatory and third party approvals.

Wood Group, under the stewardship of Ancala Midstream, will manage the day-to-day operation of SAGE and the Beryl pipeline.  Apache’s SAGE personnel will transfer to Wood Group to ensure continuity of service.

The transition of ownership and operatorship is expected to complete in the first half of 2017.

The SAGE system transports gas through the 200 mile SAGE pipeline between the northern part of the Central North Sea to the SAGE terminal at St Fergus, about 30 miles north of Aberdeen, where it is processed on behalf of North Sea gas producers.

Jim Halliday, chief executive of Ancala Midstream says: “Our aim in making this investment is to maximise throughput for all producers, extend the life of the system, connect new fields and support efforts to maximise economic recovery in the North Sea for many years to come.

“Our priority through the transition period will be the continued safe operation of the plant and pipeline, regular and transparent engagement with all stakeholders and an efficient hand over of operations from Apache.”

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