North Sea Infrastructure AS (NSI) is pleased to announce that it has successfully closed the transaction with ExxonMobil for purchase of ExxonMobil’s 10% participating interest in Vestprosess DA.

This previously announced transaction has now received all necessary partner and authority approvals and was as such successfully closed today.

NSI is a Norwegian based company, whose strategy is to develop a portfolio of midstream assets related to the Norwegian Continental Shelf.

NSI now holds a total participating interest in Vestprosess DA of 23% along with its existing participating interest in Nyhamna JV of 13,7%.