Wednesday, September 4, 2024

Shell offshoots sell assets along Houston Ship Channel.

Happy Wednesday!

Did anyone happen to read the Oil & Gas Journal’s Daily Update Newsletter on September 4, 2024, they had an article titled, “Edgewater to acquire certain refined products logistics assets in Houston Ship Channel from Shell.”  The article was on how Edgewater Midstream is purchasing ownership in the Sinco pipeline network and the Colex East and West Terminals in the Houston refining passageway from Shell Pipeline Co. LP and Triton West LLC whose parent company is Shell USA Inc.  The Sinco pipeline network has various petroleum-based products using its routes in the Deer Park industrial plant area which connect to Colex East and West Terminals which is along the Houston Ship Channel, as well as connections to other terminals in the area.  The Colex East and West Terminals are strategically placed to have access to the initial injection station of Colonial Pipeline and a tie-in to the Explorer Pipeline as well as they can store up to 3 million barrels of motor fuels.   The sale of the pipeline and terminal is due to them no longer having ownership in Pemex’s Deer Park refinery and having no need to transport products from the refinery.  If you would like more information on this article from Oil and Gas Journal, please click the links: Edgewater to acquire certain refined products logistics assets in Houston Ship Channel from Shell | Oil & Gas Journal (ogj.com).

Don’t forget to check out our ESC's website or contact us via the email in the blog, if you have a midstream logistics project you would like to see get off the ground!

We hope you have a relaxing evening!

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