Enterprise Products Partners' Offshore Oil Export Terminal to Open by Early 2027
Enterprise Products Partners' Sea Port crude oil export terminal off the coast of Texas could begin operations between the second half of 2026 and early 2027, the pipeline operator's co-CEO said on Thursday. The terminal, planned for about 30 miles (48 km) off the coast of Texas, is one of several deepwater projects proposed at the height of the U.S. shale oil production boom. Enterprise Co-CEO Jim Teague disclosed the proposed Sea Port Oil Terminal's start date at an RBN Energy export conference in Houston.
Enbridge, Enterprise to Develop GoM Crude Export Terminal
Enbridge Inc and Enterprise Products Partners LP on Monday signed an agreement to jointly develop a deepwater offshore crude oil export terminal in the Gulf of Mexico capable of loading Very Large Crude Carriers.Both pipeline operators will work to finalize an equity participation agreement that would provide Enbridge an option to purchase ownership interest in Enterprise's Sea Port Oil Terminal (SPOT), subject to SPOT receiving a deep-water port license, Enbridge said in a statement.The companies would first jointly develop the SPOT project, and depending on how the export market grows, would utilize Enbridge's Texas COLT deep-water port or a similar project."Enbridge and Enterprise Products are partners in the Seaway Pipeline system.
Sentinel Midstream Mulls Offshore Terminal
Dallas-based oil and gas company Sentinel Midstream is planning to develop a deepwater crude oil export terminal, located near Freeport, Texas. The completed facility will be capable of fully loading Very Large Crude Carrier (VLCC) vessels.Texas GulfLink will include an onshore terminal with up to 18 million barrels of storage, an offshore 42-in. pipeline, and a manned offshore platform to facilitate port operations with two Catenary Anchor Leg Mooring (CALM) Single Point Mooring (SPM) buoys. Projected export loading rates will be up to 85,000 barrels per hour, with a nominal capacity of 1.2 million barrels per day over the course of a calendar year.“Texas GulfLink will provide the United States with an economical solution to clear the over-supply barrels destined for the Gulf Coast…
Norwegian Frigate Nearly Submerged After Collision
A Norwegian navy frigate that collided with an oil tanker last week was almost completely submerged on Tuesday despite efforts to salvage the sinking vessel, pictures taken by the Norwegian Coastal Administration showed.The ship's plight off the Norwegian coast is, however, not disrupting the nearby Sture crude oil export terminal. "We are in normal operations," said a spokeswoman for the plant's operator, Equinor.The Norwegian military has been working since Thursday to salvage the ship by tethering it with several cables to the shore.
Corpus Christi Port to Build Oil Export Terminal
Port to build oil export terminalPrivate equity firm Carlyle Group will partner with the Port of Corpus Christi, the top oil export hub in the United States, to develop a major crude oil export terminal on Harbor Island.Carlyle's announcement comes as infrastructure in the U.S. oil industry struggles to keep up with record levels of production, driven by the Permian shale patch in West Texas. Both international buyers and American producers are waiting for export capacity to increase.Corpus Christi has its own plan to expand operations to handle larger export tankers.
Daewoo, Galfar Win $442m Oman Port Deal
has awarded Daewoo Shipbuilding and local firm Galfar GECS.OM a construction contract worth $442.2m at Duqm port, a Galfar official said. 's coastal area of Duqm is to become a fully integrated downstream export centre, together with a major export refinery and a petrochemicals complex. It will have a crude oil export terminal. The area will become a free zone for downstream industries. Source: Reuters
LNG Plant Bids Accepted
An international consortium developing two oilfields off Russia's Sakhalin island invited three international groups to bid for a tender to build the world's largest liquefied natural gas plant. The Sakhalin energy consortium said in a statement the three were French Bouygues Offshore, French Technic with U.S. Foster Wheeler, and Japan's Chiyoda Corp. with Toyo Corp. The Sakhalin energy consortium is led by Royal Dutch Shell. The $1 billion-plus contract involves construction of a liquefied natural gas (LNG) plant -- Russia's first -- with annual capacity of 9.6 million tons by 2006, the statement said. In addition to the LNG plant the contractor will design and build a crude oil export terminal and related facilities on the Sakhalin's southern coast.
