Upstream

National Grid to offload 60% stake in UK gas business for $5.5bn

This post was originally published on this site National Grid has agreed to offload a 60% interest in its UK gas transmission and metering business (NGG) to Australia’s Macquarie Asset Management, and British Columbia Investment (BCI) Management. Upon completion of the transaction, National Grid will receive cash a consideration of approximately $2.89bn (£2.2bn), and nearly

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Carbon Collectors to assess Value Maritime’s carbon capture tech onboard new tugs

This post was originally published on this siteValue Maritime and Carbon Collectors will together perform a conceptual design study for a new fleet of tugs to be built by the latter. The post Carbon Collectors to assess Value Maritime’s carbon capture tech onboard new tugs appeared first on Offshore Energy.

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