Sunday, April 5, 2026
UAE investment firm buys U.S. midstream gas assets for $2.25 billion- oil and gas 360

UAE investment firm buys U.S. midstream gas assets for $2.25 billion

(Oil Price) – 2PointZero, an Abu Dhabi-based investment company focused on energy infrastructure, has signed a deal to buy 100% in U.S. firm Traverse Midstream Partners, owner of minority stakes in natural gas pipelines, for $2.25 billion. 2PointZero, led by Sheikh Tahnoon bin Zayed Al Nahyan, the Deputy Ruler of Abu Dhabi, entered in the deal through its subsidiary E Point