UAE Investment Firm Buys U.S. Midstream Gas Assets for $2.25 Billion
04.03.2026 By Tank Terminals - NEWS

April 03, 2026 [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 Zero Holding RSC LTD, 2PointZero said in a statement to the Abu Dhabi Securities Exchange.

The agreement – subject to regulatory clearance – is yet another investment from the Middle East in U.S. energy assets as companies from the Arab Gulf continue their deal-making abroad even amid the war.

Traverse Midstream Partners, a portfolio company of The Energy & Minerals Group, holds a portfolio of high quality non-operated midstream assets, including strategic minority stakes in the Rover Pipeline LLC and Ohio River System LLC.

Rover Pipeline is a large scale, interstate natural gas pipeline that provides critical takeaway capacity from the Utica and Marcellus shale basins to key demand markets in the Upper Midwest, U.S. Gulf Coast, and Eastern Canada.

Ohio River System, for its part, is a recently constructed, dry natural gas header system strategically positioned to gather natural gas production from core Utica and the emerging Ohio Marcellus production areas. ORS plays a key role in enhancing regional connectivity and system flexibility across key energy corridors.

Last year, the United Arab Emirates pledged a 10-year, $1.4 trillion investment framework in the United States.

In the energy sector, Abu Dhabi’s national oil and gas company ADNOC has moved some of its natural gas and green energy assets in the United States into its newly-created energy investment arm, XRG.

Saudi Arabia is also investing in U.S. energy. At the end of 2025, Saudi Aramco, the world’s biggest crude exporter and the largest oil company by production and market capitalization, announced 17 new agreements and memoranda of understanding with American companies worth more than $30 billion, including in LNG, supply-chain procurement, advanced materials, and financial services.

 

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