Ancala Midstream Acquisitions, the independent operator of midstream infrastructure, has appointed Alexis Fletcher as chief executive.
He brings extensive experience of the UK and international upstream and natural gas energy industry, joining from Dragon LNG where he served as managing director, seconded from Shell International.
Fletcher takes over from Jim Halliday, who has stepped down from the top job.
He had been Ancala Midstream's chief executive since the 2017 acquisition of the SAGE Terminal, SAGE pipeline and Beryl pipeline.
Fletcher said: “I am excited to work with the team to continue to deliver exemplary service for our co-owners and customers while playing an increasingly critical role in the UK’s energy transition.”
Lee Mellor, partner at Ancala Partners, said: “Having worked with Alexis in his role as CEO of Dragon LNG, where he oversaw the safe operation of the plant and led major initiatives including a plant turnaround and development of onsite renewable generation capacity, we are delighted he is now joining AMAL to lead the business’ continued growth.
“On behalf of the board, I would like to thank Jim Halliday for his significant contribution to the company over the past six years.”
Aberdeen-based Ancala Midstream acquired SAGE North Sea, which held Apache’s 30.28% share of SAGE pipeline and terminal and 60.58% of the Beryl Pipeline, in 2017.
The SAGE system comprises a 323-kilometre, 30-inch bore pipeline and a gas processing terminal. Gas is transported through the pipeline and processed in the terminal from multiple fields across the UK and Norwegian sectors of the North Sea. The SAGE terminal also processes gas received by way of the Britannia pipeline which serves the Britannia field and its satellites.
Ancala is an investor in critical mid-market infrastructure. Founded in 2010 as an independent investment manager, it backs a range of infrastructure sectors, focusing on assets which have downside protection and strong earnings visibility.
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