Operator Targets 2027 Start Date for Texas Offshore Oil Export Project Ship’s crew

HOUSTON, June 8 (Reuters) – Enterprise Products Partners’ Sea Port crude oil export terminal off the coast of Texas could start operations between the second half of 2026 and early 2027, the pipeline operator’s co-CEO said on Thursday.

The planned terminal some 30 miles (48 km) off the Texas coast is one of several deepwater projects planned at the height of the US shale oil production boom.

Enterprise Co-CEO Jim Teague announced the launch date of the proposed Sea Port Oil Terminal at an RBN Energy export conference in Houston.

Separately, pipeline operator Energy Transfer expects to receive a license from the US Maritime Administration in the second quarter of next year to proceed with the proposed offshore port of Blue Marlin, Energy Transfer executive vice president Adam Arthur said. at the conference.

The company submitted a permit application in late 2020 for the project, which will convert an existing offshore platform in federal waters in the U.S. Gulf of Mexico so it can load large crude oil tankers with up to 2 million barrels of Texas oil per day.

The Maritime Administration and the US Coast Guard must approve offshore projects. Enterprise Product Partners received its decision record for the seaport project from MARAD last November.

(Reporting by Arathy Somasekhar, Editing by Marguerita Choy)

(c) Copyright Thomson Reuters 2023.

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