Reuters logo
BRIEF-Shell Midstream Partners acquires interests in three Gulf of Mexico pipelines
December 28, 2016 / 2:50 PM / 9 months ago

BRIEF-Shell Midstream Partners acquires interests in three Gulf of Mexico pipelines

Dec 28 (Reuters) - Shell Midstream Partners Lp :

* Shell Midstream Partners LP says acquisition was funded with borrowings under shell midstream partners’ revolving credit facilities

* Shell Midstream Partners LP - acquired 10% interest in Proteus Oil Pipeline Company LLC 10% interest in endymion oil pipeline from BP

* Deal expected to be immediately accretive to unitholders

* Shell Midstream Partners LP- terms of acquisition were approved by board of directors of general partner of Shell Midstream Partners

* Shell Midstream Partners LP - also acquired 1pct interest in Cleopatra Gas gathering from BP

* Shell Midstream Partners LP acquires interests in three Gulf of Mexico pipelines Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below