Shell to decide on Gulf of Mexico Mars crude oil line expansion by June
Shell to decide on Gulf of Mexico Mars crude oil line expansion by June | NASDAQ. Shell has seen significant interest from oil producers as the 600,000 barrel-per-day system nears capacity, and the company is working towards finalizing agreements with them for additional capacity on the system, executives said in a conference call with analysts. The company does not want to comment on the specifics of expected added capacity or what it would spend on the project on the Mars corridor, a 163-mile (260-km) crude oil pipeline originating approximately 130 miles offshore in the Gulf of Mexico. Shell also said Amberjack Pipeline Co has signed a dedication and connection agreement with Chevron Corp's (CVX.N> Gulf of Mexico anchor project, which is expected to produce oil in 2024.