Infrastrata buys Titanic builder
Gas storage developer takes the unusual step of purchasing a heavy engineering firm to work on its proposed UK project
AIM-listed gas storage firm Infrastrata entered the engineering market with its purchase of Belfast firm Harland & Wolff out of administration for £6mn in early October. Infrastrata’s main focus is developing a salt cavern storage facility of up to 500mn m³ on the Islandmagee peninsula on Northern Ireland’s north coast. Northern Ireland’s gas grid is linked both to its southern neighbour the Republic of Ireland and the Great Britain (GB) gas market through the Scotland-Northern Ireland pipeline (Snip) interconnector. Snip currently flows from GB to Northern Ireland, but Infrastrata submitted in June an application for a grant for studies from the EU's Connecting Europe facility (CEF) cov
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
