• Upstream
  • Pipelines & Transport
  • Downstream
Tuesday, September 16, 2025
Oil&Gas Advancement
EURASIAN LUBRICANTS SHOW
  • Home
  • News
    13bn Worth Iraq Project

    QatarEnergy, TotalEnergies Partner $13bn Worth Iraq Project

    25 Billion LNG Project

    McDermott Gets Key Contract for $25 Billion LNG Project

    Turkiye signs 15bn cubic meters LNG contracts

    Türkiye Signs 15 bcm LNG Contracts to Boost Energy Security

    Halt Imports of Russian Oil And Gas

    U.S. Wants EU to Halt Imports of Russian Oil and Gas Soon

    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

    Sanctions Against Russia

    US To EU – For Sanctions Against Russia, Say No to Their Oil

    110 Megawatt Heavy Duty Gas Turbine

    China Rolls Out 110-Megawatt Heavy-Duty Gas Turbine

    Power of Siberia 2 Pipeline Deal

    Russia-China Power of Siberia 2 Pipeline Deal: A New Horizon

  • Projects
    13bn Worth Iraq Project

    QatarEnergy, TotalEnergies Partner $13bn Worth Iraq Project

    25 Billion LNG Project

    McDermott Gets Key Contract for $25 Billion LNG Project

    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

    Production Sharing Contract of Nigeria

    Production-Sharing Contract of Nigeria with TotalEnergies

    First Arctic LNG 2 Gas Delivery

    First Arctic LNG 2 Gas Delivery from Russia to China Starts

    Major Energy Deals

    Officials From Russia and The US Discuss Major Energy Deals

    Arctic LNG 2 Project from Russia

    Arctic LNG 2 Project from Russia Achieves Record Gas Output

    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home America

Shell Midstream Partners, L.P. Acquires Interests in Three Gulf of Mexico Pipelines

in America, News, Pipelines & Transport
Share on FacebookShare on Twitter

Shell Midstream Partners, L.P. announced it has acquired 10% interest in Proteus Oil Pipeline Company, LLC , 10% interest in Endymion Oil Pipeline Company, LLC , and a 1% interest in Cleopatra Gas Gathering Company, LLC  from BP.

“This acquisition builds on our corridor pipeline strategy in the Gulf of Mexico.  Our sponsor, Shell Pipeline Company is currently building the Mattox pipeline to serve the recently sanctioned Appomattox platform.  Proteus and Endymion will connect the Mattox pipeline to onshore markets, creating a new corridor line, which will transport all of Appomattox’s volumes once it comes online toward the end of the decade,” said John Hollowell, CEO of Shell Midstream Partners.  

“Proteus also connects to the Thunder Horse platform which is a key development field for BP and ExxonMobil.  In addition to Thunder Horse, Proteus is also currently connected to the Noble Energy, Inc. operated Thunder Hawk platform.  This acquisition will deepen our footprint in the Eastern Gulf of Mexico, an active area with a number of discoveries currently under appraisal.”

 

The acquisition price reflects an approximate 7.7 times multiple of Shell’s forecasted annual average Adjusted EBITDA attributable to the purchased interests over 2017 and 2018.  The acquisition was funded with borrowings under Shell Midstream Partners’ revolving credit facilities and is expected to be immediately accretive to unitholders. 

Highlights of Acquired Pipeline Interest:

  • Proteus is a 71-mile crude oil pipeline with a 425,000 bpd capacity.  The pipeline provides access to the Mississippi Canyon area of the Gulf of Mexico from the Thunder Horse and Thunder Hawk platform to the Proteus SP 89E Platform.  Noble Energy’s Big Bend and Dantzler fields are tied back to the Thunder Hawk platform. 
  • Endymion is an 89-mile crude oil pipeline with a 425,000 bpd capacity.  The pipeline provides access to the Mississippi Canyon area of the Gulf of Mexico. It is connected to LOOP Clovelly storage with access to multiple markets.
  • Cleopatra is a 115-mile gas gathering pipeline in Southern Green Canyon, with access to Atwater Valley, Walker Ridge, and Lund areas in the Gulf of Mexico. Cleopatra is currently connected to the Holstein, Atlantis, Neptune, Shenzi and Mad Dog platforms.  The system will transport new volumes from the Mad Dog 2 field once it comes online. 
  • The terms of the acquisition were approved by the Board of Directors of the General Partner of Shell Midstream Partners. 

 

About Shell Midstream Partners, L.P. 
Shell Midstream Partners, headquartered in Houston, Texas, is a fee-based, growth-oriented midstream master limited partnership formed by Royal Dutch Shell to own, operate, develop and acquire pipelines and other midstream assets. Shell Midstream Partners’ assets consist of pipelines, crude tank storage and terminal systems that serve as key infrastructure to transport and store onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and to deliver refined products from Gulf Coast markets to major demand centers. 

 

INQUIRIES:

Investor Relations:

+1 (832) 337-2034

Media Relations:

+1 (713) 241-4544

 

Previous Post

Anadarko Announces Sale Of Marcellus Shale Natural Gas Assets

Next Post

BP Enters into LNG Sales and Purchase Agreement with PTT

Related Posts

13bn Worth Iraq Project
Middle East & South Asia

QatarEnergy, TotalEnergies Partner $13bn Worth Iraq Project

September 16, 2025
25 Billion LNG Project
America

McDermott Gets Key Contract for $25 Billion LNG Project

September 16, 2025
Turkiye signs 15bn cubic meters LNG contracts
Gases

Türkiye Signs 15 bcm LNG Contracts to Boost Energy Security

September 15, 2025
Halt Imports of Russian Oil And Gas
America

U.S. Wants EU to Halt Imports of Russian Oil and Gas Soon

September 15, 2025
4bn New Israeli Gas Offtake Contracts
Exploration Development

Energean Lands $4bn New Israeli Gas Offtake Contracts

September 12, 2025
LNG Procurement and Trading
Gases

Singapore-China Apply Cap on LNG Procurement and Trading

September 12, 2025
Next Post

BP Enters into LNG Sales and Purchase Agreement with PTT

LatestNews

25 Billion LNG Project
America

McDermott Gets Key Contract for $25 Billion LNG Project

September 16, 2025
Turkiye signs 15bn cubic meters LNG contracts
Gases

Türkiye Signs 15 bcm LNG Contracts to Boost Energy Security

September 15, 2025
Halt Imports of Russian Oil And Gas
America

U.S. Wants EU to Halt Imports of Russian Oil and Gas Soon

September 15, 2025
4bn New Israeli Gas Offtake Contracts
Exploration Development

Energean Lands $4bn New Israeli Gas Offtake Contracts

September 12, 2025
LNG Procurement and Trading
Gases

Singapore-China Apply Cap on LNG Procurement and Trading

September 12, 2025
Sanctions Against Russia
America

US To EU – For Sanctions Against Russia, Say No to Their Oil

September 12, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.