Global Energy Group (GEG) has finalised the sale of three of its major business units—including the strategic Port of Nigg—to long-term investor Mitsui & Co. Europe Ltd, a subsidiary of Mitsui & Co., Ltd., and Mitsui O.S.K. Lines Ltd (MOL).
The acquisition covers The Port of Nigg, Global Energy (Fabrication), and Global Energy Services. Mitsui now holds a 51% stake, with MOL owning the remaining 49%. The deal represents a significant step forward in the UK’s energy transition, positioning the Port of Nigg—a key multi-sector energy hub and green freeport—for further growth and infrastructure investment.
Mitsui, which has partnered with GEG since 2012, plans to expand manufacturing capacity and enhance quayside infrastructure to meet increasing demand from both the offshore wind and oil and gas sectors. The acquisition marks Mitsui’s first major investment in a Scottish port.
Following the divestment, GEG (Holding) Limited, chaired by Roy MacGregor, will retain the Global Energy Group name and continue to operate at the Port of Nigg through its supply chain subsidiaries: Global Port Services, Global Crane Services, and Global Wind Projects. The engineering firm Apollo remains part of the group, which will maintain offices across Inverness, Aberdeen, and Edinburgh.
MacGregor described the handover as a natural evolution, saying Mitsui is the “correct custodian” to lead the port into its next phase. Mitsui and MOL praised GEG’s legacy and expressed strong commitment to building a sustainable future for the Highlands and the wider UK energy sector.
