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Amberjack Pipeline Company LLC

Company Summary

Description

The pipeline currently transports roughly 300,000 barrels per day due to the success of Jack St. Malo and Tahiti. The pipeline is forecasted to transport approximately 400,000 barrels per day by the end of 2019 from continued in-field development, as well as new projects expected to come online.

Operational Regions

  • Gulf of Mexico

Related Entities

Recent news

Company Transactions

Date: 5/11/2018
Type: Acquisition

BUYERS:
  • Shell Midstream Partners, L.P.
    • SELLERS:
  • Shell plc.
  • Amberjack Pipeline Company LLC
    • ASSETS:
  • Amberjack Crude Oil Pipeline
    • DETAILS:

    COST: 1.22 $B

    NOTES:
    Shell Midstream announced that they will be purchasing Shell's stake in the Amberjack Pipeline Company for $1.22 billion, which includes 75% of Series A and 50% of Series B holdings.
    REGIONS:
  • Gulf of Mexico