Shell Completes Sale of Sinco Pipeline System and Colex Terminal to Edgewater Midstream

Source: www.gulfoilandgas.com 12/3/2024, Location: North America

Shell Pipeline Company LP and Triton West LLC, subsidiaries of Shell USA, Inc. (Shell), have completed the previously announced 100% sale of the Sinco pipeline system and Colex terminal to a subsidiary of Edgewater Midstream LLC (Edgewater).

This sale simplifies Shell's portfolio, enabling redeployment of capital with the strategic aim of delivering more value, with less emissions. Following the sale of Shell's equity share in the Deer Park Refinery in 2022, these assets were non-integrated and no longer fit within Shell's Powering Progress strategy.

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