Noble Energy Partners Enters Into Agreement to Negotiate on UK Pipelines
LONDON, October 23, 2017 /PRNewswire/ --
Noble Energy Partners has entered into an agreement with PLS Advisory Services to evaluate and negotiate mid-stream oil and natural gas pipeline assets in the United Kingdom. Noble Energy Partners will evaluate pipeline and storage facility assets that are valued between £1,000,000 and £10,000,000. These assets charge transportation and storage fees from the exploration and production companies for their services, eliminating exploration and commodity price risks and create a steadier stream of income for its shareholders.
PLS A&D Advisory Services has been selling oil and gas assets since 1990 and is one of the industry's largest service bureaus handling "cash flow driven assets" valued between $100,000-$100,000,000. PLS' A&D Advisory Services has twenty-plus-years of transaction expertise and has marketed over $5.2 billion in oil & gas assets throughout the U.S. and Canada since 1990.
Established in 2001, Noble Energy Partners is a Registered Investment Manager that builds upon a strong core knowledge of, and keen focus on oil & gas pipeline investments. Separate investment teams focus on generating absolute returns in a variety of strategies which include investing in niche sectors in midstream and upstream oil and natural gas pipelines. Noble Energy Partners manages its investments through master limited partnerships, resource income trusts and offshore mutual funds. Noble Energy Partners focuses on the large and diverse U.S., Canadian and European pipeline universe, providing access to the sizable pipeline network of the world's largest consumers of energy. Noble Energy Partners invests primarily in pipelines, energy infrastructure and land owner royalties. These investments will transport, gather and process, distribute and/or store natural gas, natural gas liquids, crude oil and refined petroleum products including biodiesel and ethanol.
Graham Fellows, 0800 234 3660, info@nobleenergypartners.co.uk
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