Global Energy Group new operator of Nigg jetty
Global Energy Group (GEG) will become operator of the Nigg Oil Terminal jetty in a new agreement with Repsol Sinopec Resources UK (RSRUK).
RSRUK has been seeking reuse options for the facilities at the Highland oil terminal which no longer receives any throughput since production ceased from the Beatrice field in the Moray Firth.
Under the deal, the jetty will be operated by GEG as an extension to the Port of Nigg, which already provides deepwater services to the oil and gas, renewables and wider energy markets.
RSRUK will continue to operate the main oil terminal, which is in the early stages of decommissioning.
GEG will be responsible for decommissioning liabilities around the jetty.
Chairman of GEG, Roy MacGregor, said: “The Nigg Jetty is a valuable addition to our facilities.
“It not only increases our deep-water quayside capacity but enables us to consider bringing new business lines to the port, creating further employment for the area.”
Transfer of the jetty’s operatorship is expected to be completed by the end of this year.
Nicolas Foucart, chief operating officer of RSRUK, said: “The transfer of the jetty will improve local industry capabilities to support emerging opportunities in the area, while Repsol Sinopec can focus its efforts on safely and efficiently decommissioning the terminal.”
Nigg Oil Terminal Jetty is 35 miles from Inverness