GLOBAL Energy Group has become the operator of the Nigg Oil Terminal jetty in a new agreement with Repsol Sinopec Resources UK.
Under the deal, the jetty will be operated by GEG as an extension to the Port of Nigg, which already provides deep-water services to the oil and gas, renewables and wider energy markets.
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RSRUK will continue to operate the main oil terminal, which is in the early stages of decommissioning.
GEG, which has its main offices in Aberdeen and Inverness, will be responsible for decommissioning liabilities around the jetty itself.
Global Energy Group’s chairman, Roy MacGregor said: “I am delighted that we have finally concluded the deal and are now in possession of a key asset within the Cromarty Firth which may otherwise have been decommissioned.
“The Nigg Jetty is a valuable addition to our facilities and not only increases our deep-water quayside capacity but also enables us to consider bringing new business lines to the Port, creating further employment for the area.”
