Shell Midstream Partners files for $750M IPO
Oct 21st, 2014
by John Donovan.
NEW YORK — Shell Midstream Partners LP filed for an initial public offering that could be worth about $750 million before expenses and discounts. Shell Midstream was formed by Royal Dutch Shell, and it will focus on acquiring pipelines and other midstream assets. Shell Midstream’s assets include stakes in Zydeco Pipeline Co., Mars Oil Pipeline Co., and Bengal Pipeline Co., which all operate in Louisiana, Texas, and Mississippi.
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Posted in: Associated Press, Oil, Royal Dutch Shell Plc, United States.
Tagged: Oil · Royal Dutch Shell Plc
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