HitecVision announces sale of CapeOmega

April 23rd, 2019

HitecVision today announces the sale of its portfolio company CapeOmega, a Norwegian oil & gas and midstream infrastructure company, to Partners Group, a global private markets investment manager, in a transaction that values CapeOmega at about EUR 1.2 billion.

Formed in 2015, CapeOmega holds significant stakes in some of Norway’s key midstream infrastructure: Gassled, the world’s largest offshore gas transmission system, covering about 25% of Europe’s gas demand; Nyhamna, one of three key gas processing plants in Norway; and Polarled, a 480 km pipeline that runs from the Aasta Hansteen field to Nyhamna. CapeOmega also holds stakes in three late-life oil fields: Brynhild, Enoch and Oselvar.

www.capeomega.com

News

HitecVision announces sale of CapeOmega

Related news and insights

Taaleri and HitecVision accelerate Fintoil’s growth to capture surging demand for advanced biofuels

St1 Biokraft expands into Denmark with Danish Bio Commodities acquisition

Secondary placement of existing shares in SED Energy Holdings Plc successfully completed and major shareholding notification