Aberdeen City Council

07/25/2024 | Press release | Archived content

NSMP announced as new tenant at Marischal Square

The UK's leading independent midstream operator has relocated its Aberdeen team to a new prime office in prestigious Marischal Square from a city-outskirts location.

North Sea Midstream Partners (NSMP) has moved to the Grade A building, which is the most environmentally-friendly office in Aberdeen, where it will be closer to customers and stakeholders, signalling a long-term commitment to growth.

The state-of-the-art building comprises 122,000 sq ft over six floors and has the best BREEAM and EPC ratings of any office building in Aberdeen with sustainability features and technology embedded throughout.

The new NSMP office in 1MSq on a new long-term lease will initially be home to its Aberdeen team, with space to regularly host colleagues from London and Norway and enable future growth.

Aberdeen City Council Co-Leader Councillor Christian Allard said: "We are delighted that NSMP, a company which is renowned for its high standards as well as being a critical link in the energy supply chain, has relocated its Aberdeen office to Marischal Square.

"The development provides high quality office space with strong environmental credentials and is helping to regenerate the east end of the city centre."

NSMP joins other prestigious businesses at the office, hotel, and restaurant complex including Wallace Whittle, CBRE, Resident X, Royal Bank of Scotland, Chevron UK, KPMG, EY, Tenaris, Aberdeen Journals, NSTA, NESPF, Maggie's Grill, Mackie's, All Bar One, Costa, Tony Macaroni, and Marriott International.

NSMP owns nearly 600km of gas pipelines in the North Sea capable of supplying up to a quarter of UK gas demand, making it the largest and most diversified gas transportation and processing system in the UK. The organisation employs more than 1,000 people at its sites at St Fergus, Teesside, and in Norway.

Sayma Cox, NSMP CEO, said: "Investing in our new flagship home at Marischal Square will provide a collaborative space for our team, customers, and partners as we continue to provide the critical infrastructure that supports the UK's energy security and bring forward energy transition projects.

"We are committed to supporting economic growth in Aberdeen and the North East of Scotland and are excited for our move into the city centre."

NSMP provides a critical link in the energy supply chain by safely transporting and processing gas to heat homes and power the economy. The firm is also bringing forward a diverse energy transition project portfolio including a 10% interest in the Acorn carbon capture storage (CCS) project at St Fergus.

North Sea Midstream Partners focuses on the ownership and commercial development of large-scale midstream oil and gas infrastructure assets in and around the North Sea. NSMP's assets are essential to the security of energy supply and include SIRGE Pipeline, FUKA Pipeline, St Fergus Gas Terminal, Teeside Gas Processing Plant and Risavika Liquefaction Plant.