Natural gas processing capacity is ramping up along the U.S. Gulf Coast to serve growing Gulf of Mexico area gas production.
Units of Amoco Corp. and Shell Oil Co. signed definitive agreements to build a cryogenic gas processing plant near Pascagoula, Miss., to handle gas volumes from eastern gulf producing areas.
Amoco will own 60%, Shell 40%. The plant will be built and operated by Amoco's natural gas liquids business unit.
Shell's Gulf of Mexico natural gas pipelines and Gulf Coast gas plants are affiliated with its Shell Midstream Enterprises business unit.
Meanwhile, Williams Energy Group, a unit of Tulsa's Williams Cos. Inc., has signed an agreement w...