Ancala unit buys Apache’s SAGE interests

Ancala Midstream Acquisitions Ltd., London, has let a contract to Wood Group to operate the Scottish Area Gas Evacuation System (SAGE) and Beryl Gas Pipeline in the UK North Sea after acquiring the interests of Apache Corp.

Ancala Midstream Acquisitions Ltd., London, has let a contract to Wood Group to operate the Scottish Area Gas Evacuation System (SAGE) and Beryl Gas Pipeline in the UK North Sea after acquiring the interests of Apache Corp.

The Ancala Partners unit bought 100% of SAGE North Sea Ltd., which held Apache’s 30.28% share of SAGE and 60.58% share of Beryl Pipeline. Terms weren’t disclosed.

SAGE North Sea becomes a wholly owned subsidiary of Ancala Midstream.

The 323-km SAGE system transports gas from nine fields in the central North Sea to a gas processing terminal at St. Fergus, Scotland.

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