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Mitsui and MOL acquire Port of Nigg
Global Energy Group has announced the sale of three of its key subsidiaries – including the strategically vital Port of Nigg – to long-term partner Mitsui & Co. Europe and Mitsui O.S.K. Lines in a landmark deal supporting the UK’s energy transition
The acquisition includes the Port of Nigg, Global Energy (Fabrication) and Global Energy Services. Mitsui, a stakeholder in GEG since 2012, will hold 51% of the acquired businesses, with MOL owning the remaining 49%.
This marks Mitsui’s first major investment in a Scottish port.
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