Shell, Triton West, To Sell 100% Interest In Sinco Pipeline System & Colex Terminal To Edgewater Midstream
Portfolio Pulse from Benzinga Newsdesk
Shell and Triton West have agreed to sell their entire interest in the Sinco Pipeline System and Colex Terminal to Edgewater Midstream. This transaction marks a strategic move for Shell as it continues to optimize its portfolio.
August 29, 2024 | 7:57 pm
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Shell is selling its 100% interest in the Sinco Pipeline System and Colex Terminal to Edgewater Midstream. This move is part of Shell's strategy to optimize its portfolio.
The sale of the Sinco Pipeline System and Colex Terminal is a strategic decision by Shell to streamline its operations and focus on core assets. This could positively impact Shell's stock as it aligns with their broader strategy of portfolio optimization.
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