09.06.2016
The North Sea will see a rise in infrastructure deals this year, with private equity funds playing an increasing role in midstream assets, according to business advisory firm Deloitte.
Against the backdrop of a low oil price, more oil and gas companies are looking to rationalise their portfolios and divest non-core assets in the UK Continental Shelf (UKCS), the firm said – with private equity and specialist infrastructure funds likely purchasers.