Shell Completes Sale of Houston-Area Pipeline Assets to Edgewater Midstream
12/3/2024
Shell Pipeline Company and its subsidiary Triton West have completed the sale of the Sinco pipeline system and Colex terminal to Edgewater Midstream.
This transaction marks another step in Shell’s strategy to streamline its portfolio and focus on lower-emission energy projects.
The Sinco system and Colex terminal, located in the Houston Ship Channel, were historically linked to the Deer Park Refinery, which Shell sold to Pemex in 2022. Since then, these assets have become non-core to Shell's operations.
Edgewater Midstream, known for managing pipelines and terminals near major U.S. petroleum hubs, will now oversee the assets. Shell remains committed to the U.S. market, where it operates across all 50 states and employs over 13,000 people.
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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