Enterprise has negotiated terms for a fixed-cost Engineering, Procurement and Construction contract with S&B Engineers and Constructors, Ltd. (S&B) to build PDH 2.
DCP Midstream has been one of the top gas processors and NGL producers in the U.S. for more than a decade. Following the price downturn several years ago, the company has been focused on a “relaunch” dubbed DCP 2.0.
The project also includes about 420 kilometers of water, gas gathering and other pipelines, 120 TJ per day of additional compression, 670 kilometers of power lines, 25 kilometers of fiber optic cables and a new water-handling facility for irrigation.
The Stone Mountain cryogenic processing plant has capacity of 25,000 Mcf/d with a pipeline connection to the Stone Mountain liquids terminal.
Buckeye will provide further updates after in-depth, on-the-ground inspections and assessments of the storm’s impact on the Buckeye Bahamas Hub are completed in the coming days.
By focusing on organic growth, Summit Midstream Partners and Crestwood Equity Partners’ futures look bright.
The delay is due to Shell's takeover of the project after its $53 billion acquisition of BG Group in 2016 prompted it to re-evaluate and strike new agreements.