Enbridge To Build $250 Million Pipeline In Gulf

Enbridge Inc. has entered into a Letter of Intent with Chevron USA, Inc., Statoil Gulf of Mexico LLC and Marubeni Oil & Gas (USA) Inc. to construct and operate an oil pipeline from the proposed Big Foot ultra deepwater development in the Gulf of Mexico. This pipeline project is complementary to Enbridge’s previously announced plans to construct the Walker Ridge Gathering System, which will provide natural gas transportation for the proposed Chevron-operated Jack, St. Malo and Big Foot fields.
  The estimated cost of the Big Foot Oil Pipeline, which will be located about 170 miles south of the coast of Louisiana, is approximately US$250 million. Combined with the Walker Ridge Gathering System project, the proposed oil pipeline would bring the total Enbridge investment for the projects to US$750 million.
  The Big Foot Oil Pipeline reinforces Enbridge’s presence as the leading pipeline services provider in the deepwater Gulf of Mexico region,” said Patrick D. Daniel, President and CEO, Enbridge Inc.”
  The Big Foot Oil Pipeline will consist of approximately 40 miles of 20-inch diameter pipe at depths of up to 5,900 feet, and will have capacity to transport up to 100,000 bopd. Big Foot will deliver to a sub-sea connection on existing deepwater pipeline infrastructure.