Vestprosess
Vestprosess DA is a natural gas liquids (NGLs) processing facility in Norway located at the Mongstad processing plant.
AIP acquired an 8% participating interest in Vestprosess DA from A/S Norske Shell, through its subsidiary North Sea Infrastructure in October 2019. In addition, North Sea Infrastructure entered into a purchase agreement with Total E&P Norge AS in January 2020 to acquire its 5% participating interest in Vestprosess. In April 2020, North Sea Infrastructure acquired ExxonMobil’s 10% stake in Vestprosess DA and the transaction brought North Sea Infrastructure’s ownership in the facility to 23%.
