Noble Energy Partners has entered into an agreement with PLS Advisory Services to evaluate and negotiate midstream oil and natural gas pipeline assets in the UK.
Noble Energy Partners will evaluate pipeline and storage facility assets that are valued between £1 million and £10 million. 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 US$100 000 - 100 000 000. PLS' A&D Advisory Services has over 20 years of transaction expertise and has marketed over US$5.2 billion in oil and gas assets throughout the US and Canada since 1990.
Read the article online at: https://www.worldpipelines.com/business-news/24102017/noble-energy-partners-to-negotiate-uk-pipelines/