Ownership
BG Group has a 51.18% interest in the CATS pipeline. Other partners of the pipeline are Hess Corporation (17.72%), ConocoPhillips (0.66%), Eni (0.34%), Total (0.57%) and BP (29.53%). The operator is BP. Scottish and Southern Energy (SSE) on 1 April 2010 announced that it had agreed to acquire North Sea gas and infrastructure assets from Hess, including its interest in CATS. The deal was pre-empted by BP and BG. The deal completed on 2 February 2011 and is effective from 1 January 2010. BG increased its stake to 62.42% and BP increased its stake to 36.01%; other stakes remained unchanged.
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