Transportation news briefs, Feb. 13

Feb. 13, 2002
Stolt Offshore ... Shell Exploration & Production ... Largo Vista ... Equilon Enterprises ... Oiltanking ... Northern Border Pipeline ... KPMG ... Arthur Andersen

Stolt Offshore SA completed a deepwater subsea installation, including one flowline and one umbilical, to tie back Shell Exploration & Production Co.'s single well Einset project in the Gulf of Mexico to the Tahoe facility. Einset is in 3,463 ft of water on Viosca Knoll Block 72. It came on stream last month (OGJ Online, Jan. 18, 2002).

Largo Vista Group Ltd., Newport Beach, Calif., is negotiating with Guizhou province in China for the exclusive right to build a liquefied petroleum gas pipeline system, said the Organization of Petroleum Exporting Countries' news agency. The initial phase of the project would be the first of a series of LPG pipelines to serve residential complexes in Zunyi. It would serve 1,050 households.

Equilon Enterprises LLC acquired German company Oiltanking GMBH's products terminal near Pasadena, Tex. It has storage capacity of 2.4 million bbl, with connections to Texas Gulf Coast refineries and major outbound products pipelines.

Northern Border Pipeline Co. retained KPMG LLC as its independent auditor to replace Arthur Andersen LLP. Andersen resigned from most such contracts with Enron Corp.-affiliated companies. Northern Border Pipeline is owned 70% by Northern Border Partners LP, a publicly traded master limited partnership controlled by affiliates of Enron Corp. It owns a 1,249-mile US interstate gas pipeline system.