Scandoil  

American Midstream closes acquisition of offshore oil gathering assets


Published Aug 13, 2014
American Midstream Partners, LP-2

American Midstream Partners, LP has completed the acquisition of entities holding offshore oil gathering assets from an affiliate of DCP Midstream, LLC ('DCP').

On July 14, 2014, the Partnership announced the execution of a Purchase and Sale Agreement ('PSA') for the acquisition from DCP of entities holding onshore natural gas processing and offshore natural gas gathering and transportation and oil gathering assets for consideration of approximately $115 million. The assets to be acquired included the Mobile Bay gas processing plant ('Mobile Bay'), Dauphin Island gathering and transmission system ('DIGP'), and DCP's interest in the Main Pass Oil Gathering System ('MPOG').

Tags: American Midstream Partners




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml